Description
While financial gurus sometimes dispense good advice, it’s nearly always at the expense of the best advice. The difference between what gurus routinely recommend and what they should recommend is what I call “The Guru Gap.” And it’s a gap into which millions of unwitting investors fall each and every year. This presentation aims to bridge the gap between what gurus advise, and the proven, math-based principles that will help Americans wring the most efficiency out of their retirement savings.
10 minutes: How to inoculate investors against anti-life insurance and annuity rhetoric from mainstream financial gurus
5 minutes: Why traditional retirement strategies espoused by mainstream financial gurus could force investors to run out of money in advance of life expectancy
10 minutes: Alternatives to the guru-endorsed 4% rule
5 minutes: Three cash value life insurance applications that may dramatically extend the life of stock portfolios
10 minutes: How investors can shield themselves from sequence or return risk, tax-rate risk, inflation risk, and long-term care risk less expensively than the traditional guru approach
10 minutes: How a blended approach that incorporates stocks, annuities and life insurance maximizes retirement income, increases the likelihood of money lasting through life expectancy and maximizes income to heirs.
Learning Objectives
1. Why traditional retirement strategies espoused by mainstream financial gurus could force your clients to run out of money in advance of actuarial life expectancy.
2. How to shield your clients from sequence or return risk, tax-rate risk, inflation risk, and long-term care risk less expensively than the traditional guru approach.
3. How an investment approach that includes stocks, annuities and life insurance may lead to the optimal level of retirement income.