Retirement is the most expensive “purchase” faced by most individuals.
In order to properly forecast the value of assets during retirement, it is important to consider several other variables when estimating a person’s total retirement liability, such as their optimal replacement rate, their forecasted retirement period, and what it truly means to fail (or succeed).
Retirement professionals need to have a framework for understanding and projecting retirement costs for each client, and a process for better estimating the true cost of retirement.
In this one-hour session, you will learn:
- Gain a better understanding of the key variables required to estimate the cost of retirement;
- Learn of a more effective approach for calculating an income replacement rate;
- Learn of a better spending model to help you understand how expenses tend to change throughout retirement and the implications of these changes on the retirement need;
- Explore how efficient accumulation portfolios are not the same as efficient retirement portfolios.
The Retirement Resource Center YouTube channel features short clips of presentations by many of our speakers. Please visit Retirement Resource Center YouTube channel to view a short clip of this presentation.
Overall Rating: 4.3 / 5
Retail: $29.00Add to Cart
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, CFA, CFP®, AIFA, Head of Retirement Research, Morningstar Investment Management.
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.
Moderator: Betty Meredith, CFA, CFP®, CRC®, Int’l Retirement Resource Center
Invest in Your Retirement Expertise
1.5 hrs CFP®, CRC®, and other CE Credit Reporting
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