Corey Baker discusses retirement income for life
Listen to the interview on the Business Innovators Radio Network: https://businessinnovatorsradio.com/interview-with-corey-baker-retirement-specialist-with-kkb-financial-services-discussing-retirement-income-for-life/
Corey Baker, a retirement specialist with KKNB Financial Services, discusses the importance of income for life with host Mike Saunders, the authority positioning coach. Corey shares his background in pastoral ministry, being a best-selling author, and his passion for helping people grow. Tune in to learn more about Corey’s journey and insights on securing income for life.
Planning for retirement should prioritize guaranteed income for life to ensure peace of mind and financial security. Corey highlighted the importance of having a reliable source of income during retirement due to life’s unpredictability, such as market crashes, health issues, or unforeseen circumstances. Corey emphasized the need to address financial uncertainty by securing guaranteed income streams.
Corey pointed out the two main uncertainties in retirement planning: the unknown lifespan and the unpredictable stock market. Relying solely on traditional investment vehicles like IRAs or 401(k)s, which are subject to market fluctuations, can be challenging. To mitigate these uncertainties, Corey suggested considering guaranteed income sources such as pensions and Social Security, providing a stable foundation for retirement finances.
Corey shared: “My mission is to help you win with your retirement dollars plain and simple. Life is too short and you worked too hard to have your retirement dollars at risk. I help people identify problems with their financial plan for the future and offer solutions solve them”
A key solution proposed by Corey for ensuring guaranteed income for life is the use of fixed indexed annuities with income riders. These financial products offer growth potential tied to market performance and protection against market downturns. By partnering with insurance companies offering these annuities, individuals can secure a steady income stream throughout retirement, regardless of market conditions.
Corey highlighted the reliability and stability of insurance companies providing annuities, emphasizing their regulated nature and financial backing to honor commitments.
In conclusion, he stressed the importance of prioritizing guaranteed income for life in retirement planning to alleviate financial stress and uncertainty. By incorporating sources of guaranteed income like pensions, Social Security, and fixed-indexed annuities with income riders, individuals can establish a solid financial foundation for peace of mind and financial security in retirement. Corey’s insights serve as a valuable reminder of the benefits of focusing on guaranteed income to ensure a stable and worry-free retirement.
About Corey Baker
Corey is originally from the Chicago area and is a lifelong Cubs and Bears fan. He and his wife Julie have 2 daughters and an incredibly spoiled poodle. As a former minister of one of the fastest-growing churches in Florida, Corey has extensive experience connecting with people and assisting them to become the best versions of themselves in every area. In 2017, Corey and his family relocated to Lexington, Kentucky where he now has dedicated himself to helping families and individuals all across the Midwest thrive with their retirement, and with their money.
Corey is also a best-selling author, accomplished motivational speaker, and personal health and wellness coach. His life’s passion is working with people and is tenacious in his dedication to helping others win. In his spare time, Corey loves to travel all across the US pursuing his other life passion, which is bowling.
Learn More: http://www.kkandb.com/