Overall Rating: 4.7 / 5
Despite significant advances in computing power and a relatively extensive body of research on the nature of retirement, assumptions in retirement research and income planning tools have evolved only modestly over the last 30 years.
Improving our retirement income models can have a notable impact on advice and guidance for clients in multiple domains (e.g., withdrawal rates, portfolio risk levels, annuity allocations, etc).
Even if some models can’t be completely implemented because of software limitations, advisors can at least tweak their modeling assumptions/approach to better calibrate their advice/guidance with a more robust approach.
In "Redefining the Optimal Retirement Income Strategy" with David Blanchett, you will learn:
- Key assumptions in retirement income projections (e.g., Monte Carlo simulations) have changed relatively little in three decades (e.g., most models rely on static models and success rates and the primary outcomes metrics);
- A cohesive series of models that both improve retirement income projections and could actually be implemented in financial planning tools;
- How to understand the limitations of your current tools (and how to work around them, as best as possible).
This on-demand webinar is a recording of a recent live webinar. Check our WEEKLY REBROADCAST SCHEDULE where there is no need to take the online quiz to receive CE. You may also take this on-demand course any time for 1 hr CFP®, CRC®, and other Continuing Education Credit when you pass the online quiz.
Your presenter is David Blanchett, PhD, CFA, CFP®, Head of Retirement Research, PGIM DC Solutions.
Meet David Blanchett, Ph.D. CFA, CFP®,
Retirement Research and Income Planning Expert
Retirement planning experience
David Blanchett, PhD., CFA, CFP® is the head of retirement research for PGIM DC Solutions. He works to enhance the group’s consulting and investment services. David conducts research primarily in the areas of financial planning, tax planning, annuities, and retirement plans and he serves as the Chairman of the Advice Methodologies Investment subcommittee.
Retirement planning thought leadership and expertise
David’s research has been published in a variety of academic and industry journals and has been featured in a variety of media publications. In 2014 Money Magazine named him one of the five brightest minds in retirement and in 2014 Investment News included him in their inaugural 40 under 40 list as a “visionary” for the financial planning industry.
He is part of group of retirement thought leaders – truly a breath of fresh air – along with Wade Pfau, Michael Finke and others, who challenge us to go beyond targeting 80% replacement rates, traditional retirement portfolio asset allocations, inflation-adjusted systematic withdrawals of 4% and probabilities of success or failure.
Invest in Your Retirement Expertise.
1 hr CFP®, CRC®, and other CE Credit Reporting
We are a CE Sponsor with the CFP Board of Standards and the professional development partner of the International Foundation for Retirement Education (InFRE).
We will report your CFP® and/or CRC® credit (no additional reporting fee). Please add your ID at checkout. You are responsible for reporting all other certification CE credit.
Over 50 courses are accepted for continuing education (CE) credit for those who have earned the Certified Financial Planner® (CFP®) certification, the International Foundation for Retirement Education’s (InFRE) Certified Retirement Counselor® (CRC®) certification, the College for Financial Planning’s Chartered Retirement Plan Consultant (CRPC) certification, the American College’s designations (ChFC, CLU, RICP), Retirement Management Analyst designation (RMA), ASPPA and other certification or designations.
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