The New York Life Center for Retirement Income at The American College recently brought together retirement experts and practitioners from various branches of the financial services industry to discuss the knowledge, skills and competencies needed to provide successful retirement income planning, or decumulation planning, for a client. The conversation was fascinating as the group discussed their thoughts about what it takes to provide answers and strategies for clients dealing with the financial planning challenge of maintaining their standard of living throughout retirement in the face of unknown longevity, inflation, market conditions and other variables.
Littell, David and Tachino, Kenn B., "Key Competencies for Proper Retirement Income Planning" (2011). Faculty Publications. 347.