What You'll Learn
Retirement is seldom as simple as assumed in research and financial planning tools. This presentation from David Blanchett will review a cohesive series of models designed to improve retirement income projections that incorporate spending flexibility…
Retirement is seldom as simple as assumed in research and financial planning tools. This presentation from David Blanchett will review a cohesive series of models designed to improve retirement income projections that incorporate spending flexibility implemented with a dynamic spending where optimal strategies are determined using an expected utility model based on prospect theory. This framework can result in guidance that is significantly different than models using basic assumptions, especially approaches relying on probability of success-related metrics.
*CE/CPE Eligible: 1 CE credit is available to subscribers with these designations: CFP, CLU, ChFC and RICP. CPA subscribers will earn 1 CPE credits.
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.