KING OF PRUSSIA, Pa. - Oct. 3, 2019 -Wade D. Pfau, Ph.D., CFA, RICP new book is hitting the target for those concerned with the unknown future of Retirement Planning. Dr. Pfau stated, "Two fundamentally different philosophies for retirement income planning, which I call probability-based and safety-first, diverge on the critical issue of where a retirement plan is best served: in the risk/reward trade-offs of a diversified and aggressive investment portfolio that relies primarily on the stock market, or in the contractual protections of insurance products that integrate the power of risk pooling and actuarial science alongside investments."
Dr. Pfau also explained how he considers the potential role for different types of annuities, including simple income annuities, variable annuities, and fixed index annuities. In his book, he explains how different annuities work and how readers can evaluate them. He examines the potential for whole life insurance to contribute to a retirement income plan. He concludes that the integrated strategies preferred by safety-first advocates support more efficient retirement outcomes. Safety-first retirement planning helps to meet financial goals with less worry. This book explains how to evaluate different insurance options and implement these solutions into an integrated retirement plan.
"Dr. Pfau's contribution to creative retirement planning has effected thousands of those concerned with market risk and volatility. His approaches have helped so many deal with the stress and worries in how they approach this topic. Not only do we heartily endorse his book but, we promote it and his concepts to retirement planners, agents, and clients. We wholeheartedly endorse his book!" Bill Broich co-owner of Annuity.com
About Dr. Pfau: He has long been considered an expert in concepts regarding retirement planning. He is the director of the Retirement Income Certified Professional designation and a Professor of Retirement Income at The American College of Financial Services in King of Prussia, PA. As well, he is a Principal and Director for McLean Asset Management. He holds a doctorate in economics from Princeton University and publishes frequently in a wide variety of academic and practitioner research journals on topics related to retirement income. He hosts the Retirement Researcher website and is a contributor to Forbes, Advisor Perspectives, Journal of Financial Planning, and an Expert Panelist for the Wall Street Journal. He is the author of the books, Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement, How Much Can I Spend in Retirement? A Guide to Investment-Based Retirement Income Strategies, and Reverse Mortgages: How to Use Reverse Mortgages to Secure Your Retirement.
Dr. Pfau's book is available at Amazon. https://www.amazon.com/Wade-D.-Pfau/e/B01KP4I5O8%3Fref=dbs_a_mng_rwt_scns_share
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