Jan 22 – On this edition of Lifetime Income, our special guest is Dr. Wade Fau. Dr. Wade Pfau is a Professor of Retirement Income in the Financial and Retirement Planning program at The American College of Financial Services. Jim and Dr. Fau discuss the new paradigm in planning for retirement, a subject we will be covering here over the next four weeks. In this episode, Dr. Fau begins the conversation by explaining why modern portfolio management was never meant to apply to households.
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