Recently Danforth Fleak of the Value-Ability podcast interviewed our Income Lab co-founders, Johnny Poulsen and Justin Fitzpatrick.
In this interview, Johnny and Justin explain the academic research in decumulation and its influence on the development of the platform. They also cover topics like the importance of true dynamic financial planning as an ongoing service and the concept of “portfolio failure” in income planning.
The podcast is a great listen for financial advisors who are looking to take a deeper dive into the origins of Income Lab, and learn more about the research and analytics behind the tool.
Justin Fitzpatrick is President and Co-Founder of Income Lab, retirement income planning software used by thousands of financial advisors. He developed the guardrails-based approach to retirement income distribution after a decade in financial services at Jackson and seven years in academia at MIT, Harvard, and UCLA. His research on adjustment-based planning has been published on Kitces.com, ThinkAdvisor, AdvisorPerspectives, and FinancialPlanning Magazine.
