Retirement Income Redesigned
A multi-contributor work aimed at financial advisers and wealth managers: 26 chapters offer fresh research and solutions for forecasting income needs, evaluating client requirements, using new investment vehicles and communicating effectively with clients.
For years, financial planners have helped their clients accumulate enough assets for retirement. Now, as millions of baby boomers begin exiting the workforce, the focus has shifted to ensuring that those assets last throughout their clients’ lives. The challenge is large and so are clients’ expectations. With Americans living longer and hatching travel plans that go way beyond the front porch, the concept of retirement has fundamentally changed.
To better understand and meet the challenges ahead, Harold Evensky and Deena B. Katz, two of the nation’s best-known and respected financial planners, asked leading experts and visionaries to give advisers a toolkit and roadmap to the new landscape. Included are valuable insights and practical approaches for increasing retirement cash flow, withdrawal strategies, creating portfolios with low volatility, and decision making.
Each of the 26 contributors offers fresh research and solutions for forecasting income needs, evaluating client needs, using new investment vehicles, and communicating effectively with clients. Armed with these more effective approaches to distribution and improved methodologies for planning, financial advisers and wealth managers will be able to make their clients’ golden years shine ever more brightly.
BOOK DETAILS :Hardback, 400 Pages, Dimensions 234 x 156 MM Language English.
Part One | Facing the New Realities
Boomers: A Force for Change
Maslow Meets Retirement
Decision Making at Retirement: High Stakes for the Long Haul
Reinventing Retirement
Part Two | Assessing the Risks
Psychological Impediments to Retirement-Income Planning
Lifelong Retirement Income: How to Quantify and Eliminate Luck
Balancing Mortality and Modeling Risk
Monte Carlo Mania
Understanding Required Minimum Distributions
Part Three | Shaping the Solutions
Risk Management During Retirement
Withdrawal Strategies: A Cash Flow Solution
Asset Allocation: The Long View
Sustainable Withdrawals
Tools and Pools: Strategies for Increasing Retirement Cash Flow
Creating Portfolios With Lower Volatility
Reverse Mortgages in Distribution Planning
Life Insurance Benefits--No Waiting
Longevity Risk Insurance
Immediate Annuities: Structure, Mechanics, and Value
The Search for Software
Deena B. Katz is president of Evensky & Katz, a financial-advisory firm in Coral Gables, Florida. Their innovation and skill have earned them the loyalty of clients; their daring and dedication have won them the respect of their peers.
Katz is co-editor of The Investment Think Tank: Theory, Strategy, and Practice for Advisers. She is the author of Deena Katz on Practice Management and Deena Katz's Tools and Templates for Your Practice (all Bloomberg Press).
She is a featured speaker at national and international legal, accounting, investment, and financial-planning conferences, and both are published widely and quoted extensively in financial journals and in newspapers.
Harold Evensky is chairman of Evensky & Katz, a financial-advisory firm in Coral Gables, Florida. Their innovation and skill have earned them the loyalty of clients; their daring and dedication have won them the respect of their peers. Evensky is the co-editor of The Investment Think Tank: Theory, Strategy, and Practice for Advisers (Bloomberg Press, 2004).
He is the author of Wealth Management: The Financial Advisor's Guide to Investing and Managing Client Assets (McGraw-Hill, 1997). He is a featured speaker at national and international legal, accounting, investment, and financial-planning conferences, and both are published widely and quoted extensively in financial journals and in newspapers.