Through much of the Baby Boomer generation’s working lifetime, retirement planning focused on accumulation, and strategies like Dollar-Cost Averaging and Asset Diversification became well understood by nearly everyone in the retirement industry. As those assets move into the payout phase (post retirement), it is not clear that those same strategies will continue to be good ones, nor that industry practitioners are aware of the potential pitfalls that could ensue if those strategies continue to be blindly followed. This session aims to exhibit and explain how and why including a fixed income stream in a retirement portfolio measurably adds to the probability of not outliving one’s assets in retirement. It will also include a discussion of different leading-edge instruments that currently exist in the industry, that might help fill that need.
1.80 SOA CPD