Page 5 - B2BAAG15_Affinity Lending Brochure

Many seniors are insufficiently prepared for retirement. Your customers could be asking themselves a host of

n Lack of savings questions, such as:
n Decline of traditional defined-benefit pensions n Do I have enough to meet my basic needs?
I
n nadequate availability/participation in 401(k) plans n Am I able to do the things I want to do?
I
n ncreasing reliance on Social Security to fund retirement n Do I have access to funds in the event of unforeseen
expenses such as health care, in-home care, home
renovation?
n Will I have something to leave for my children,
grandchildren, or others? What am I leaving beyond my
money?

1 https://www.nih.gov/news-events/news-releases/worlds-older-population-grows-dramatically
2 https://www.irionline.org/wp-content/uploads/legacy/default-document-library/iri-retirement-readiness-2021_fullreport.pdf
3 https://www.kiplinger.com/retirement/601665/retirees-make-the-most-of-your-home-equity
4 https://nextmortgagenews.com/news/seniors-home-equity-exceeds-9-trillion/
5 https://blog.z57.com/2020-real-estate-generational-trends-for-baby-boomers-gen-xers-and-millennials