Kelby Meyers and Josh Anderson: Evaluating Retirement Income Solutions

Be More Than A Fiduciary

Kelby Meyers is the CEO and founder of Nestimate, Inc., focused on driving financial security for retirees. With over a decade in financial services, specializing in insurance and annuity products, he founded Nestimate in 2022 to empower advisors with retirement income solutions. Previously, he was an independent financial representative at Ohio National Financial Services, earning recognition on the Wall of Fame and the Executive Council.

Kelby holds a degree in Economics from the University of Nebraska and is an Accredited Investment Fiduciary and Certified Plan Fiduciary Advisor. Living in Lincoln, Nebraska, with his family and their goldendoodle, he enjoys staying active, golfing, and mentoring other entrepreneurs.

Josh Anderson is the COO of Nestimate Inc, focusing on strategic initiatives, innovation, product development, and fiduciary services. Before joining Nestimate in 2024, he was the VP, Strategic Account & Innovation Director at Franklin Templeton, leading strategic projects for workplace retirement plans. He previously worked in Raymond James's Institutional Fiduciary Solutions group and at Fidelity Investments.

Josh holds a BS in Applied Economics from Florida State University and is a CFA Charter holder. He lives in St. Petersburg, FL, with his wife and two daughters.

In this episode, Eric, Kelby Meyers, and Josh Anderson discuss:

• Differentiating services and delivering value
• Managing longevity risk through income solutions
• Educating plan sponsors on guaranteed income options
• Implementing a repeatable process

Key Takeaways:

• Introduce retirement income analytics to clients to differentiate services and deliver additional value beyond plan enrollment. Utilize external resources for guidance on Secure 2.0 and retirement income planning.
• Offering a retirement income solution helps participants manage longevity risk, increase potential spending, reduce volatility, retain assets, and lower recordkeeping fees while providing a pension-like experience without the downsides of a defined benefit plan.
• Present retirement income solutions during plan proposals to win business and educate plan sponsors on guaranteed income options.
• Implement a repeatable, documented process to evaluate retirement income solutions efficiently, provide a framework for plan fiduciaries to prudently select appropriate options tailored to plan demographics, and document the analysis for fiduciary files.

“Number one, you can hedge longevity risk. Number two, it can increase potential spending for a retiree so it gives them an extra layer of confidence as they approach and enter those retirement years. And then lastly, it reduces volatility, giving participants peace of mind as they near and enter retirement, to know what they have is going to be there.” - Kelby Meyers

Connect with Kelby Meyers and Josh Anderson:

Website: https://www.mynestimate.com/

Connect with Eric Dyson:

Website: https://90northllc.com/

Phone: [phone]

Email: [e-mail]

LinkedIn: https://www.linkedin.com/in/401kguy/

The information and content of this podcast is general in nature and is provided solely for educational and informational purposes. It is believed to be accurate and reliable as of the posting date but may be subject to change

It is not intended to provide a specific recommendation for any type of product or service discussed in this presentation or to provide any warranties, investment advice, financial advice, tax, plan design or legal advice (unless otherwise specifically indicated). Please consult your own independent advisor as to any investment, tax, or legal statements made.

The specific facts and circumstances of all qualified plans can vary and the information contained in this podcast may or may not apply to your individual circumstances or to your plan or client plan-specific circumstances.