How personalization and protected income help deliver the retirement that clients seek
There is a need for fresh thinking about generating retirement income
In a 2024 survey1 by the Nationwide Retirement Institute® of nearly 2,000 adults ages 18 and older:
Following the Total Retirement Income Planning process helps you better deliver what today’s retirees tell us they expect
Assess each client’s personalized view of retirement
Uncover a clear view of each client’s retirement plans and corresponding essential expenses by asking these key questions in your planning discussions.
Develop a plan to cover out-of-pocket health care or long-term care costs
Out-of-pocket health care and long-term care expenses are often cited as the top spending shocks by retirees. Powered by HealthView Services, Nationwide's personalized Health Care and Long-Term Care Cost Assessment offers a no-cost way to plan ahead for likely expenses.
Connect sources of protected income to essential expenses
For most retirees, Social Security benefits serve as their income floor in retirement. Our Social Security 360 Analyzer® illustrates a client’s optimal filing approach to help boost annual benefits by as much as 77%.
Optimize retirement savings for tax efficiency
Use our fillable digital worksheet with clients to provide both a self-assessment of retirement savings and insights about how tax diversification now can help provide tax efficiency later.
Align each income plan to meet protection preferences
Just as you gauge asset allocation preferences for new clients, a review of personalized protection preferences is essential. Only 1 in 3 retirees desire an unprotected total return approach (such as the 4% rule) for income planning.1
Leverage our product and thought leadership specialists
Consult with your Nationwide product wholesaler(s) and the credentialed specialists from the Nationwide Retirement Institute® for help, no matter how simple or complex your client’s protection needs may be.