Retirement research often assumes that retirees make decisions only at or just before retirement. In reality, retirees and their financial advisors have the ability to dynamically adjust strategies over time. Modeling dynamic approaches significantly impacts optimal retirement income strategies on things such as safe initial withdrawal rates and the benefit of annuities.
Attendees will learn:
Shortfalls associated with static retirement models
Information about how dynamic strategies affect safe initial withdrawal rates and the benefit of annuities
PhD, CFA, CFP®,
Head of Retirement Research,
Morningstar Investment Management, LLC