Although there are many superficial reasons to be enthusiastic that strong market performance can continue, most positives are overstated and many risks are underappreciated. In fact, today's investment environment entails such a high degree of uncertainty that most investors would be best served by simply minimizing their worst case scenario.
A report issued by the CFPB in August 2017 claimed that using a reverse mortgage to delay Social Security is a bad idea. This report gained a lot of press coverage and is likely serving as the primary resource for people seeking to learn more about the matter. I will provide the analysis that shows why the CFPB is wrong.
How much can clients spend sustainably in retirement? This presentation provides an overview of Wade Pfau’s new book, How Much Can I Spend in Retirement? A Guide to Investment-Based Retirement Income Strategies, which focuses on sustainable spending from investments. He will explain the financial planning research on sustainable spending from investment portfolios in the face of a variety of retirement risks. You will also learn:
Wade will answer attendees’ questions during the webinar and will be available to continue the discussion on APViewpoint.
As Thanksgiving approaches, we are reminded of our history. Financial planners are the voice of the financial industry for many of our clients. Here’s a bit about the history of interest rates in this wonderful country of ours as well as globally.
How relaxing government control can help.
News headlines don’t tell the whole story about growth and jobs.
Are high-quality businesses as overvalued as the broader markets and will that bode ill for our future investment returns?
The probability-based school of thought on retirement income investing, with its emphasis on total-portfolio return, has dominated financial planning since the 1990s. But is it still relevant today? In this session, Wade will examine the core methodology and assumptions behind this approach and discuss how time-segmentation strategies offer a more holistic alternative. Advisors will learn:• Why longstanding assumptions about safe withdrawal rates and the “4% rule” may no longer be relevant;• How time segmentation allows clients to use varied investment strategies and vehicles to generate needed income during different phases of their retirement; • How time segmentation helps advisors deliver more customized, needs-based retirement-income planning solutions for their clients.
Forty years of behavioral science research provides a more realistic framework for viewing investors and markets than does MPT.
We are having a hard time finding high-quality companies at attractive valuations.