Description
This quiz will include a review of the following articles: Implementing Retirement Income Guardrails To Facilitate (The Right) Spending Raises And Spending Cuts, Providing Mortgage Advice In A Higher Interest-Rate Environment: Opportunities For Advisors To Add Value, and How Different Monte Carlo Models Perform In The Real World: Assessing Quality Of Predictiveness In Retirement Income Forecasting Models
Learning Objectives
1. Describe how advisors can best implement a ‘guardrail’ retirement income strategy and discuss the strategy with clients.
2. Learn ways advisors can add value for their clients in a higher interest-rate environment.
3. Understand how probabilistic forecasts correspond with real-world outcomes
4. Explain why traditional Monte Carlo analyses might not be the best probabilistic forecasting model to use in retirement planning.
5. Describe 4 different approaches for Capital Market Assumption (CMA) creation