Learning Center

The Role for Dynamic Income Benefit(SM) in a Retirement Income Plan

3 (1 vote)

Aging Americans are experiencing significant uncertainty as they approach or enter retirement. Today’s financial professionals face complicated challenges in best serving their clients. 

Gain insight into the current environment and retirement risks facing clients today. Participants will gain valuable insight into:

-The 4% Rule
- 2 schools of thought for retirement
-Risk Pooling vs. Risk Premium
-Product Allocation with Investments & Insurance

  • Identify opportunities and challenges related to a client’s cash inflows and outflows and make recommendations to assist the client in meeting their current needs and long-term financial goals
  • Communicate the need for liquid assets and emergency funds and recommend strategies for accumulating the appropriate levels of funds
  • Calculate savings required to meet financial goals and recommend how to incorporate planned savings into the cash flow plan

Wade D. Pfau, PhD, CFA

Professor, The American College of Financial Services

Wade D. Pfau, Ph.D., CFA, RICP, is the program 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 has published more than sixty peer-reviewed research articles in a wide variety of academic and practitioner journals. He hosts the Retirement Researcher website, and his most recent book is Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement.

Michael Visconti, CFP®

Regional Vice President

Prudential Annuities

Michael Visconti is a regional vice president for the advisor channel at Prudential Annuities. He covers Fairfield County in Connecticut, Westchester County, Hudson Valley, Greater NYC and Long Island territories. 

Mike has been with Prudential Annuities since 1997.  Prior to becoming a wholesaler, Mike worked as an internal wholesaler, a regional sales manager and most recently as director of internal sales. During his time at Prudential Annuities, Mike has consistently been recognized for exceptional performance and in 2015 and 2017, he received the Wholesaler of the Year award.

Mike holds FINRA Series 7, 26, 66, and Life & Health licenses. He also obtained his Certified Financial Planner (CFP®) designation in 2013. He graduated with a bachelor’s degree in finance and risk management/insurance from the University of Connecticut and an MBA from Fairfield University. 

He resides in Fairfield, Connecticut with his wife Heather and two sons Michael and Thomas. 

Dylan Tyson

President

Prudential Annuities

Dylan Tyson is president of Prudential Annuities,  a business unit of Prudential Financial, Inc. (NYSE: PRU). He leads the manufacturing and distribution of individual variable and fixed annuity solutions, leveraging the capabilities of Prudential’s Individual Solutions Group to help achieve differentiated financial wellness outcomes across the enterprise.

Tyson joined Prudential in 1995 and has held advancing leadership roles. Most recently he served as president and CEO of Prudential of Taiwan, leading efforts to distinguish Prudential as the most trusted and admired life insurance company in Taiwan, while helping customers achieve financial security and peace of mind. Prior, he served as executive vice president and chief strategy officer for Prudential Life Insurance of Korea. 

Tyson also held leadership roles with Prudential Retirement, including senior vice president and head of Pension Risk Transfer, during which he led the breakthrough General Motors pension risk transfer transaction, among others. He developed broad experience in defined benefit and institutional investment products, serving at various times as head of payout Annuities, Investment Only Stable Value, Business Development for Institutional Investment Products, and Structured Settlements. 

Tyson received his bachelor’s degree with high honors from Stanford University, and an MBA from the Anderson School at UCLA. Dylan is a CFA® Charterholder.

image

Key:

Complete
Failed
Available
Locked
The Role for Dynamic Income Benefit(SM) in a Retirement Income Plan
Open to view video.
Open to view video.
Exam
5 Questions  |  2 attempts  |  4/5 points to pass
5 Questions  |  2 attempts  |  4/5 points to pass
Course Evaluation
7 Questions
Certificate of Completion
1.0 CFP CE credit  |  Certificate available
1.0 CFP CE credit  |  Certificate available