Game Plan for the Golden Years: Protecting Your Goals in the Peak 65 Zone with Tim Seifert

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Tim Seifert is the Senior Vice President and Head of Retirement Solutions Distribution at Lincoln Financial Group. Tim joins Advisorpedia to discuss the Peak 65 trend, a historic demographic milestone in the US with 4 million Americans turning 65 this year, and the growing need for protection products.

They also discussed:

  • Factors contributing to financial insecurity in retirement including the decline of pensions, reliance on defined contribution plans, market volatility, and timing of Social Security claims.
  • The need for Financial professionals to educate clients on the challenges faced in retirement and the benefits of protected income.
  • Annuities are highlighted as an effective tool for providing pension-like income and protecting against outliving savings.
  • Lincoln Financial Group emphasis on innovation, flexibility, and choice in meeting the market demand for products like annuities.
  • Concrete action steps for advisors include educating on protected growth, simplifying income planning conversations, and building trust with clients.

Resources: Subscribe to Lincoln's Market Intel Exchange, the chartbook that keeps you informed on the most notable economic and market insights from the quarter.

Related: Investing in Turbulent Times: A 2023 Recap and 2024 Outlook with Matt Berger

Annuities are long-term investment products that offer tax-deferred growth, access to a lifetime income stream, and death benefit protection. There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan.  All investing involves risk.

Lincoln annuities are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and in New York are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so.

Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.