US: Tool Creates Retirement Income Strategy for Booming Market

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Symetra Financial has launched Customized Retirement Income(SM), a tool that enables financial advisors to build a customized income plan that meets the varying income needs of retirees.



Statistics show more than 60 million people will reach age 65 this year; and baby boomers-America’s largest population segment-are shifting their focus from « accumulating » retirement assets to « distributing » retirement income. Symetra Financial’s Customized Retirement Income tool provides solutions to many income challenges including generating income for life, supplementing insufficient Social Security income and generating paychecks needed to meet a client’s individual needs.



« Symetra knows the strategy for accumulating assets is much different from the one needed when distributing savings; we have dedicated nearly 50 years to becoming experts at creating income options for clients at every stage of life, » says Pat McCormick, senior vice president of sales & distribution. « With Customized Retirement Income we provide financial advisors the necessary resources to help their clients fund their retirement, prepare for higher healthcare expenses and generate income to last their lifetime. »



Customized Retirement Income offers practical tools and resources that enable financial advisors to meet the needs of retirees. The tools include an easy-to-use online calculator and suitability analysis to simplify the retirement income planning process so a financial advisor can provide their client with the most relevant distribution options.



About Symetra Financial


Symetra Financial works in partnership with more than 20,000 agents and advisors providing annuities, life insurance, group employee benefits and retirement plans to customers throughout the United States. Symetra Life Insurance Co. (est. 1957), a wholly owned subsidiary, has grown to a company with 2 million customers and more than $21 billion in GAAP assets.


For more information, visit http://www.symetra.com.



SOURCE Symetra Financial




All of the above text is a press release provided by the quoted organization. globalagingtimes.com accepts no responsibility for their accuracy.


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