Wade Pfau: Leveraging Whole Life Insurance for Income + Retirement Security
Guest Expert: Wade Pfau, PhD, CFA, RICP®, RISA Profile
Date:
Webinar Replay Description
Excellent session, led by Wade Pfau and his research collaborator Jason Sanger, sharing an interesting perspective on the age-old question of should clients buy term life insurance and invest the difference OR buy whole life. Wade and Jason also addressed other related ideas to include the use of SPIAs.
Comments
A few comments from listeners when they were asked what the learned from the webinar:
I did not previously understand the 10% of the Monte Carlo represented a fixed income approach while the 90% represented a heavier equity allocation. I had not seen the cash value / LI + investments compared to investment previously. There seem to be several holes in what they presented, but still interesting to see.
- Aaron S.
I was impressed by Wade Pfau's chart showing the much improved likelihood of success if distributions are skipped in the year after a crash.
- Keith S.
Using cash value in permanent life insurance policies for retirement income.
- Patty B.
Great ideas on using whole life as a volatility buffer along with SPIA.
- Samuel D.
Borrowing from life insurance cash value to pay for annuity premiums during down markets dramatically increases spending power.
- Samantha S.
I did not previously understand the 10% of the Monte Carlo represented a fixed income approach while the 90% represented a heavier equity allocation. I had not seen the cash value / LI + investments compared to investment previously. There seem to be several holes in what they presented, but still interesting to see.
- Aaron S.
I was impressed by Wade Pfau's chart showing the much improved likelihood of success if distributions are skipped in the year after a crash.
- Keith S.
Using cash value in permanent life insurance policies for retirement income.
- Patty B.
Great ideas on using whole life as a volatility buffer along with SPIA.
- Samuel D.
Borrowing from life insurance cash value to pay for annuity premiums during down markets dramatically increases spending power.
- Samantha S.
Leveraging Whole Life Insurance for Income + Retirement Security 05-28-2025
Attendees Comments:
I did not previously understand the 10% of the Monte Carlo represented a fixed income approach while the 90% represented a heavier equity allocation. I had not seen the cash value / LI + investments compared to investment previously. There seem to be several holes in what they presented, but still interesting to see.
- Aaron S.
I was impressed by Wade Pfau's chart showing the much improved likelihood of success if distributions are skipped in the year after a crash.
- Keith S.
Using cash value in permanent life insurance policies for retirement income.
- Patty B.
Great ideas on using whole life as a volatility buffer along with SPIA.
- Samuel D.
Borrowing from life insurance cash value to pay for annuity premiums during down markets dramatically increases spending power.
- Samantha S.