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David Blanchett: Regret Optimized Portfolios, and Optimal Retirement Income (EP.254)

The Rational Reminder Podcast

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How to Optimize Your Financial Plan for Utility

The key is annuities, they can improve outcomes, right? But it's understanding what most important thing is. What are your existing sources of guaranteed income? Like the problem with success rates, you can have a 0% success rate. Be on track to replace 98% of your goal. And so when you evolve a plan from static to dynamic, and you overlay utility, you get very different results than if you just assume those static withdrawals.

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