Simplifying Retirement Income Planning Visualization Using The ‘Spending Risk Curve’

Apr 14, 2022

Today, Kitces published a great article co-authored by Derek Tharp and Income Lab co-founder, Justin Fitzpatrick. Here are a few of the main points:
  • “Spending Risk Curves” can be very useful for an advisor to gain a higher-level understanding of a client’s financial options by visually illustrating the trade-offs between a client’s spending choices and risk in retirement.
  • When clients can actually visualize how their plans translate into real dollars and how guardrails can safeguard against overspending (and allow for more spending when the portfolio does well) – instead of trying to decipher abstract probability-of-success or Spending Risk Curves – they will be better equipped to actually accept and follow their plans!
 
Read full article >>
Related Articles
See how the market impacts future spending, not just account balance

See how the market impacts future spending, not just account balance

Money Life with Chuck Jaffe featured Income Lab Co-founder, Justin Fitzpatrick on their most recent podcast episode, “See how the market impacts future spending, not just account balance. Justin discusses that while investors and retirement savers are starting to...

Retirees Have A Superpower

Retirees Have A Superpower

Morningstar's "The Long View" Podcast with Christine Benz and Jeffrey Ptak recently featured Income Lab's co-founder Justin Fitzpatrick. They had a great conversation where Justin explains the simple steps older adults can take to ensure that their assets last...

A dynamic approach to decumulation planning

A dynamic approach to decumulation planning

Income Lab's co-founder Justin Fitzpatrick was recently featured on the Fintech Impact podcast with Jason Pereira. They had a great conversation on Income Lab and our dynamic approach to decumulation planning.  Read full article >> Important points: "Retirement...

Start now with a Demo

The first truly dynamic retirement
planning technology.