Two Philosophies of Retirement Income Planning
Within the world of retirement income planning, the siloed nature of financial services between investments and insurance leads to two opposing philosophies about how to build a retirement plan. There is an old saying that if the only tool you have is a hammer, then everything starts to look like a nail.
Pfau, Wade D. PhD, "Two Philosophies of Retirement Income Planning" (2016). Faculty Publications. 474.