Focus Session: Retirement

Wednesday, June 16
10:30 a.m. – 11:30 a.m.

Living On A “Nine-Figure” Income: Maximizing Social Security


Richard C. Murphy, CLU, LUTCF


Baby boomers’ No. 1 retirement question remains: What’s the best age to start taking Social Security? To answer that question, we first must deal with much of the well-meaning — but poorly thought-out — advice, such as to always take it at 62. We’ll become bridge builders, using cash-value life insurance, annuities and guaranteed lifetime income contracts to maximize eventual Social Security benefits by up to 32 percent. Sales opportunities for numerous products abound for producers who own this knowledge.

Appeal: US
Level: Advanced