Medicaid Planning; Emergency Funds; Women-Owner Businesses; AI Team Member; Annuities Info.; SS Gap

Prepare for Health Care Costs in Retirement – Using Immediate Annuities for Medicaid Planning

Outliving our savings and income in retirement is a big concern for many of us. Think about how you'll cope if you experience health issues after you retire. The cost of care in a nursing home for just a few months can be financially devastating. As you think about planning for health care costs in retirement, consider using immediate annuities. They're often a good tool for your Medicaid planning.

See how this works in this flyer from The Standard.

Emergency Funds Help Build Confidence in Any Market

During a time of sharp market ups and downs, taking simple steps to protect against surprise expenses can bring some peace to uncertain times. Starting or adding to an emergency fund doesn’t have to take a lot of effort, and it can buffer against headaches – or worse – down the road. Share this page – from Transamerica – with your clients.

Four Ways to Help Women-Owned Businesses

Many women-owned businesses aren’t working with a financial professional and could benefit from professional guidance. Just 77% of women business owners said they work with a financial professional for business goals, in the Allianz 2023 Women-Owned Business Study. That leaves many women-owned businesses without financial guidance. Here are four ways you could help them.

AI: Say Hello to the Newest Member of the Team

More financial professionals are using AI to help save time, work more efficiently–and connect more often with clients. And they’re just getting started. Financial professionals are using AI to:

·       Automate time-consuming tasks such as research and report generation.

·       Develop marketing and client outreach materials such as blog posts, social media posts and emails for clients.

·       Develop learning and development tools for new and existing employees.

Read more – from Athene – here.

Advance Annuity Awareness – 4 Ways

What can an annuity do for clients? A lot. Columbus Life’s four-point promo piece presents the answers in easy-to-read infographics – perfect for highlighting annuity advantages – HERE.

Help Bridge the Social Security Income Gap: Social Security Income with Life Insurance

Let's take a closer look at the role Social Security can play in your client’s retirement and how that can affect their plans for a comfortable future. On average, Social Security will replace less than half of your annual pre-retirement earnings. Ready the client-ready flyer from Corebridge Financial here.