November 09, 2022

The New Retirement Mindset with Dr. Wade Pfau (Ep.37)

30 minutes

Creating an effective retirement plan can be difficult when trying to prepare for the unexpected.

So, how to maximize income while minimizing pitfalls?

In this episode, Jack Martin is joined by Dr. Wade Pfau from The American College of Financial Services. Dr. Pfau unveils must-know strategies for effective retirement planning while detailing the tips and tricks you need to maximize your client’s retirement income through tax planning and efficient distribution.

Dr. Pfau discusses:

How inflation impacts the amount of retirement income needed

The difference between reliable income and gap income

How to create a legacy while still enjoying retirement

Why tax planning is essential for retirement planning

What you need to know about the retirement-consumption puzzle

And more!

Resources:

Retirement Researcher

“Retirement Planning Guidebook” by Dr. Wade Pfau

Books by Dr. Wade Pfau

Connect with Dr. Wade Pfau:

LinkedIn: Dr. Wade Pfau

The American College of Financial Services

Connect with Jack Martin:

InsurMark

LinkedIn: Jack Martin

About Our Guest:

Dr. Wade D. Pfau, Ph.D., is a Professor of Retirement Income in the Ph.D. in Financial and Retirement Planning program, Co-Director of the American College Center for Retirement Income, and RICP® program director at The American College of Financial Services.

Dr. Pfau is a co-editor of the Journal of Personal Finance. He has spoken at national conferences of organizations for financial professionals, such as the CFA Institute, FPA, NAPFA, AICPA-PFP, and AFS. He also publishes frequently in a wide variety of academic and practitioner research journals.

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