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Clients facing early retirement may be challenged by additional hurdles that you, as their financial professional, can help them address. Our tip sheet, designed to be shared with clients, offers key steps that they can consider to help them be financially prepared for early retirement.

Regardless of their path, working with you early on may be key to securing their income and retirement success.

5 key steps to consider

These steps can help your clients ensure that their retirement income lasts a lifetime.

  1. Get a personalized Social Security filing assessment.
    This assessment should detail potential outcomes of filing for benefits at different ages so clients can make an informed decision.
  2. Create an income bridge.
    Help clients keep in mind that their living expenses may not decrease during retirement as much as they think — if at all.
  3. Diversify your savings.
    Consider building a tax-efficient retirement income strategy through the early years of retirement.
  4. Explore protected lifetime income options.
    Show clients how they can build a retirement paycheck that provides the income they need to cover essential expenses.
  5. Review a personalized health care cost assessment.
    A formal assessment could help your clients estimate how much of their retirement income may go toward health care.
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Retiring early is not always a choice. That's why it's important to be prepared.

Share our client-facing tip sheet that reviews additional considerations, including protected income options, that help ensure the joyful retirement they envision.

Share tip sheet
For more information about Total Retirement Income Planning, view our many resources.

Guarantees are subject to the claims-paying ability of the issuing insurance company.

Nationwide and its representatives do not give legal or tax advice. An attorney or tax advisor should be consulted for answers to specific questions.

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Nationwide CareMatters®

This single-life coverage is for clients who are primarily looking for long-term care coverage and want to be able to recover their costs if they never need care.

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