Income for Life
(by Mitch Anthony)
$395.00
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:
Survival Income: 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.)?
Freedom Income: What do your clients need in order to do all of the things that bring enjoyment and fulfillment to life (travel, adventure, personal growth, etc.)?
Gift Income: What do your clients need to enable them to support causes they care deeply about?
Dream Income: 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 determine what needs to happen to get to the next level. Clients will have a clear picture of how much they will need, and advisors will be able to assist them in setting goals around saving and budgeting to expedite achieving the income necessary for funding these important needs. As an important part of the financial life planning process, the Income for Life workbook will help advisors’ clients begin 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.
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