This presentation goes into greater depth about two retirement income approaches: using an aggressive investment portfolio to seek greater returns through the risk premium, and using an integrated strategy for investments with life insurance and annuities to seek greater returns through risk pooling. My research finds that risk pooling tends to be underappreciated as a unique source of returns that is unavailable for an investment portfolio in which the retiree aims to self-manage longevity and market risk through conservative spending.  

Learning Objectives

  • Differentiating between accumulation and distribution.
  • Understanding key retirement risks.
  • Surveying the retirement tool landscape with respect to investments and/or insurance.

Level of Complexity: Advanced

Course Information
Course Date:
November 05, 2019
FPA Annual Conference 2019: Investigating the Role of Whole Life Insurance in a Lifetime Financial Plan
Speaker Information
Wade D. Pfau, PhD, CFA  [ view bio ]
Individual topic purchase: Selected
Financial Planning Association
CFP CE: 1.00
FPA Member Price:$29.00
Non-Member Price:$49.00