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Annual Conference 2020 Rewind: Estimating "The End" of Retirement

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Includes a Live Event on 12/17/2020 at 12:00 PM (MST)

The length of retirement is one of the most important assumptions in a financial plan; therefore, care should be taken that is estimated as accurately as possible. This presentation will explore a variety of topics related to estimating “the end” of retirement, including a review of life expectancy and its drivers, the accuracy of subjective mortality estimates, the actual assumptions used by financial advisors in financial plans, as well as model that can be used to approximate a reasonable retirement period that considers personalized mortality and the probability of success.

  • Understand how accurate subjective life expectancy estimates are, what objective factors actually matter, and what people tend to get wrong
  • Identify the implications associated with not considering personalized mortality factors, and the extent financial advisors currently consider them
  • Determine how to appropriately estimate the length of retirement for a financial plan assuming the outcome metric is the probability of success and retirement is assumed to last a fixed period

David Blanchett, Phd, CLU, ChFC®, CFP®, CFA®

Head of Retirement Research, Morningstar Investment Management, LLC

David M. Blanchett, PhD, CFA, CFP® is head of retirement research for Morningstar Investment Management LLC. In this role, he helps develop and maintain methodologies relating to wealth forecasting, general financial planning, automated investment selection, and portfolio assignment for Morningstar Investment Management LLC. He has published over 100 papers in a variety of industry and academic journals that have received a number of awards. He is currently an Expert Panelist for the Wall Street Journal, an Adjunct professor of Wealth Management at The American College, and a member of the ERISA Advisory Council.

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Annual Conference 2020 Rewind Estimating "The End" of Retirement
12/17/2020 at 12:00 PM (MST)   |  60 minutes
12/17/2020 at 12:00 PM (MST)   |  60 minutes
Course Evaluation
7 Questions
Certificate of Completion
1.0 CFP CE credit  |  Certificate available
1.0 CFP CE credit  |  Certificate available