The use of accumulated assets to fund retirement income or other income requirements. Where a mutual fund might be used as an asset accumulation vehicle during one’s working years, annuities enable decumulation of those assets into a stream of income during retirement.
The world is filled with investing indexes and benchmarks, and all professional investment managers measure their results relative to some type of performance standard such as the S&P 500.
On the retirement...
Is there a sense of “swimming upstream” when trying to propagate goal-based investing--as described in your new book Risk Less and Prosper--among existing financial advisors? Conventional practices and economic incentives are so heavily skewed towards modern portfolio...
A recent paper sponsored by the...
Anyone thinking about retirement income should pick-up a copy of Retirement Portfolios by Michael Zwecher. This recommendation applies to both financial...
