Hey, we can't save for retirement now. Just out of school, student loans to pay and need a new car. Plus, time to have some fun. I have plenty of time to save.
We can't save another nickel now. Growing family, new mortgage, private schools. We will have plenty of extra money later. Plenty of time.
Save more for retirement? Are you kidding? Have one kid in college and another right behind this one. Most expensive time in our lives. When the kids are out of college, we will get a big pay raise, and will start plowing away retirement money then.
I know that we should be saving more for retirement, but things didn't work out like we thought. Got caught in a market sell off, had to start a new job and we are just strapped
"Where did the years go? We thought that we had plenty of time to save for retirement. We weren't worried because our 401k’s and our tech stocks were flying. Then boom... a market correction. Is there anything that we can do now? We need additional retirement income…
The answer is yes. You can help your clients establish their own "Personal Pension Plans" and utilize annuities for a portion of that plan. You should contact your clients now to discuss their alternatives. Hopefully your clients stayed safe during the pandemic. Now, might be time to keep some of their money in a safe place too.