Income for Life: "Maslow Meets Retirement" provides a 1-year license for the Income for Life Workbook.
We will all eventually need to engage in a conversation about developing an income stream that lasts as long as we do, and that outpaces the inflation that threatens to “rot” our nest egg slowly but surely. The Income for Life Workbook helps advisors have this dialogue with their clients. As a financial rendition of Maslow’s Hierarchy of Needs, the workbook helps advisors discuss a client’s financial needs, from basic survival to dream scenarios:
|| What do your clients need to make ends meet?
Safety Income: What do your clients need to meet life’s unexpected turns (job loss, divorce, etc.)?
|| What do your clients need in order to do all of the things that bring enjoyment and fulfillment to their lives (travel, adventure, personal growth, etc.)?
Gift Income: What do your clients need to enable them to support causes they care deeply about?
|| What do your clients need to fulfill their dreams (career change, sailing around the world, etc.)?
The workbook will help advisors and their clients identify income sources against income needs (which sources will pay for which needs) in order to form a financial strategy to help them reach the next level. As an important part of the financial life planning process, the Income for Life workbook will help advisors help their clients learn how to view their income not just as a way to pay their bills but rather as a means of funding a life—the life they want.
NOTE: After your transaction, you will be emailed a printable workbook in PDF format.