Archive for Retirement Investing and Investments
By Wade D. Pfau, Ph.D., CFA, Professor of Retirement Income for the American College of Financial Services Alex Murgia, Ph.D., and I conducted this research in 2021 to help us understand when different retirement strategies best apply to different individuals. This is an ongoing debate in the profession. Today I saw an online discussion board […]
Read more →Editor’s note: We obtained permission from CANNEX to reprint their 2015 research paper that explains the math behind how annuitizing a portion of assets benefits a client’s retirement income and legacy. This paper builds on a 2002 paper by Ameriks et al that showed the effects of annuitizating 0%, 25% and 50% of a portfolio. […]
Read more →By Michael Falk, CFA, CRC®, Focus Financial Consulting Behavior is more important than your investments, and behavior is about the choices that you make. That is the actual manifestation of your behavior. We need to understand risk, sequence, and magnitude. These three terms are what do a fantastic job of pushing and pulling on our […]
Read more →By Wade D. Pfau, Ph.D., CFA, Professor of Retirement Income for the American College of Financial Services Understanding how annuities work is the crucial first step towards subsequently then exploring the potential role they have in a financial plan. This article is based on material for my new book, “Safety First Retirement Planning,” available through […]
Read more →By Allen Chao, Senior Account Executive at Longbridge Financial The reverse mortgage program is a multi-faceted tool. As a lender is, we qualify your clients for the most amount of money that they can get. For a traditional reverse mortgage you can divide that money up such as a credit line that you can tap […]
Read more →By Joe Tomlinson, FSA, MAAA Recent articles in Advisor Perspectives by David Blanchett and by Zvi Bodie and Dirk Cotton have dealt with single-premium immediate annuities (SPIAs) used to generate lifetime income in retirement. The focus of those articles was the pricing and the risks of going without inflation protection. In addition to SPIAs, insurers […]
Read more →By William Meyer, CEO, Retiree, Inc. and Social Security Solutions, Inc. Social Security planning is very technical. I’m proud that the software we have built based on our research is nation-leading. We were just ranked as the No. 1 Social Security analyzer in America. Our second software, Income Solver, will show you at the press […]
Read more →By Peter Neuwirth, FSA, FCA, and Barry Sacks, PhD, JD Up until 2012, many efforts had been focusing on ways either to boost the accumulation or to maximize the investment returns during the accumulation phase and even potentially after the drawdown period, but there has not been much attention spent on exactly how a retiree […]
Read more →By Curtis V. Cloke, CLTC, LUTCF, RICP®, Founder of Thrive Income Distribution System, LLC There is a bridge in Honduras where no roads lead to it, and there’s no river running under it. A cyclone came through that was so severe that it took out all the roads that led to the bridge. It also […]
Read more →By Wade Pfau, Ph.D., CFA, author of academic retirement research with practical application, RetirementReseacher.com A lot of advisors did their due diligence about reverse mortgages in the past. But the research and the public policy changes over the past few years indicate that reverse mortgages can be a valuable tool in a retirement income plan […]
Read more →By Shelley Giordano, Chair of the Funding Longevity Task Force Editor’s Note: Below is an adaptation of the live webinar delivered by Shelley Giordano in 2016. Her comments have been edited for clarity and length. You can read the summary article below as part of the 3rd Qtr 2016 Retirement InSight and Trends Newsletter. You […]
Read more →By David Blanchett, CFA, CFP®, AIFA® – Head of Retirement Research, Morningstar Editor’s note: This presentation was delivered in live webinar format in 2016. David’s comments have been edited for clarity and length. You can view a YouTube brief of the original presentation here. You may also choose to take the full length course to […]
Read more →By Michael Falk, CFA, CRC®, Focus Financial Consulting Editor’s note: Below is an adaptation of the live webinar delivered by Michael Falk in 2016. Michael’s comments have been edited for clarity and length. You can view a short YouTube clip of the original presentation here. You may also choose to take the full length course, […]
Read more →by Gary Baker, President, U.S. Division at CANNEX Financial Exchanges and Curtis Cloke, CLTC, LUTCF, RICP Editor’s note: This presentation was delivered in live webinar format in 2015. Gary’s and Curtis’ comments below have been edited for clarity and length. You can view a YouTube brief of the original presentation here. You may also choose to […]
Read more →By David Blanchett, CFA, CFP®, AIFA® – Head of Retirement Research, Morningstar Editor’s note: This presentation was delivered in live webinar format in 2015. David’s comments have been edited for clarity and length. You can view a YouTube brief of the original presentation here. You may also choose to take the full length course to earn 1 […]
Read more →By Bruce McPherson, CRMP Editor’s note: This presentation was delivered in live webinar format in 2015. Bruce’s comments have been edited for clarity and length. You can view a YouTube brief of the original presentation here. You may also choose to take the full length course and earn 1 CRC®, CFP®, and/or PACE CE credit. A […]
Read more →By Lisa A. Scalia, CPC, QPFC, QPA, QKA Joanne Jacobson, JD, LLM Marjorie Martin, EA, MAAA, MSPA From the Knowledge Resource Center of Buck Consultants Effective July 2, 2014, deferred annuities that meet the criteria for a qualifying longevity annuity contract can be excluded from participant account balances when calculating required minimum distributions. This will […]
Read more →By Greg Prost, CFA, Chief Investment Officer, Ambassador Capital Management Editor’s note: What I haven’t been seeing at the national retirement conferences recently is how the Fed was going to bring us out of these historically low interest rates without putting a damper on economic activity and prolonging the slow recovery that we’ve been experiencing […]
Read more →By Michael Falk, CFA, CRC®, Focus Financial Consulting Editor’s note: Below is an adaptation of the live webinar delivered by Michael Falk in 2014. Michael’s comments have been edited for clarity and length. You can view a short YouTube clip of the original presentation here. You may also view the accompanying presentation in its entirety and […]
Read more →By John Salter, PhD, CFP®, AIFA®, Associate Professor, Personal Financial Planning, Texas Tech University Editor’s note: Many retirement professionals are concerned about the retirement security of the mid-market. Home equity is the average retiree’s second largest household asset behind their Social Security benefits – not only for the middle mass market, but most of the […]
Read more →Editor’s note: also see this issue’s other article on retirement income options in employer-sponsored defined contribution plans In-plan guaranteed income solutions can help defined contribution (DC) plan participants mitigate their longevity risk. Yet because the available solutions can differ on several dimensions, they are hard to compare. We hear statements such as “XYZ is illiquid, […]
Read more →By Chuck Yanikoski, Founder and President of StillRiver Retirement Planning Software, Inc. Editor’s note: Chuck Yanikoski has contributed this and other articles to Retirement Insight and Trends. You can view a YouTube brief of one of Chuck’s presentations here. You may also choose to take the full length course of one of his presentations to […]
Read more →Center for Retirement Research Issues Brief, June 2012, Number 12-11 By Alicia H. Munnell, Natalia Sergeyevna Orlova, and Anthony Webb* Introduction Financial planners devote considerable energy to advising Americans how to invest their retirement savings. Of course, wise investment of one’s hard-earned money is important. But the fact is that many Americans have saved very […]
Read more →By Betty Meredith, CFA®, CFP®, CRC® For the average mid-market American, home equity is their largest household asset. As retirement counselors, we need to understand options for helping retired clients appropriately use their home equity if their economic situation requires it, such as selling their home/downsizing if access to their equity isn’t feasible, or alternatives if they […]
Read more →The findings in this study are applicable to not only purchase of annuities, but all financial products as well. The more effectively we as professional retirement counselors frame the education and guidance we give consumers and employees, the more receptive, desirous and confident consumers and employees will be to take steps to improve their retirement […]
Read more →This is the first of what may become a regular column on issues we all deal with regarding retirement plans. So why rants? Among all the products, people, regulations and results, we all have a few issues to rant about! The goal of this column is not simply for me to shout, but rather to […]
Read more →Retirement-specific training and education programs by leading experts to help advisors and consumers make informed retirement decisions.
This quarterly newsletter is also made available to all retirement professionals seeking the practical application of new retirement readiness, counseling, planning, and income management concepts that build the retirement security of middle-mass and mass-affluent consumers.