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.
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
1.5 hrs CFP®, CRC®, and other CE Credit Reporting
Overall Rating: 4.3 / 5
Retail: $29.00 Add to Cart
Video and audio MP3 formats available
Specifications: 90-minute webinar course
Knowledge Level: 3 – Intermediate
Your satisfaction guaranteed: We know that you will be pleased with your purchase of this product. If, however, you are not completely satisfied notify us within 30 days of your purchase to receive a full refund of your fee, less any CFP® CE reporting fees for courses that were filed prior to membership cancellation.