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BEGIN:VEVENT
DTSTART:20180125T133000Z
DTEND:20180125T160000Z
LOCATION:Great Hall, Midland, MI -or- Isabella Bank, Mt. Pleasant, MI
UID:1551420180125T133000ZBest Practices for Retirement Income Planning
DTSTAMP:20260611T220119Z
DESCRIPTION:\n \n \nPLEASE NOTE:  THIS IS A MORNING PROGRAM.  A HOT BREAKFAST BUFFET WILL BE SERVED AT 8:30 A.M\n \nWade D. Pfau, Ph.D., CFA, is a Professor of Retirement Income in the Ph.D. program for Financial and Retirement Planning at The American College in Bryn Mawr, Pennsylvania.  He holds a doctorate in economics from Princeton University and publishes frequently in a wide variety of academic and practitioner research journals on topics related to retirement income.\n \nHe will address the issues faced by baby boomers as they reach retirement.  Advisors must solve new problems for clients.  Retirement income is different as clients (1) shift focus from maximizing wealth to creating sustainable income; (2) face a greater range of risks; and (3) increasingly must sole a complex lifetime financial problem.  Key retirement risks to be considered include longevity risk, market and the newly-emergent sequence of returns risk, and personal spending shock risks.  Each requires different income tools and management techniques.  Two distinct schools of thought have emerged within the retirement income world:  probability-based approaches and safety-first approaches.  This presentation will consider how different retirement income tools can be combined to build more efficient retirement strategies in a way that best integrates aspects from both schools of thought.\n \nTHIS IS A MORNING PROGRAM.  A HOT BREAKFAST BUFFET WILL BE SERVED AT 8:30 A.M.  Dr. Pfau's program will be a 2-hour presentation.  The program will begin at 9:00 and conclude at 11:00 a.m., with a short break after the first session. This program has been approved by the Certified Financial Planners Board of Standards for 2 hours of continuing education credit for CFP members.\n \n \n
SUMMARY:Best Practices for Retirement Income Planning - Great Lakes Bay Estate Planning Council 
PRIORITY:3
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DESCRIPTION:Reminder
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