You will receive 1 CFP/CIMA CE credit hour
There are 60 million Americans between the ages of 55 and 75, and 30 percent of this population is single, divorced or widowed. But this ready-to-retire cohort isn't quite sure how to do it right. Recent research from Charles Schwab found that one-third of those five years away from retirement don't know how much income they will need in retirement and 72 percent say while they plan to tap their retirement principal, they have no idea how to do it. Don't let your clients be among this flummoxed group! This session will cover advanced practices in decumulation with strategies designed to prepare advisors for the changing needs of their clients.