Retirement income myths are debunked and the flaws in the 4% rule are exposed in this episode. Experts discuss sequence of return risk, investing in bonds for retirees, and the evolving risk profiles of stocks. The significance of variable spending rates and the fallacies behind aggressive withdrawal suggestions are uncovered. A safety-first approach in retirement finance is advocated, along with the importance of seeking second opinions and having a trustworthy advisor.

Wade Pfau and Prof. Kotlikoff discuss retirement planning strategies, dangers of Monte Carlo, and achieving a financially successful retirement. Wade's expertise in retirement income planning shines through, emphasizing the importance of annual plan adjustments and exploring innovative approaches to financial planning for a secure retirement.

Don Graves and Wade Pfau discuss the benefits of utilizing home equity in retirement planning, focusing on reverse mortgages like the HECM. They explore strategies for leveraging home equity, managing risks, and the impact on financial strategies. The podcast delves into regulatory changes, protections, legacy planning, and utilizing housing wealth for responsible retirement income planning.

Wade Pfau, a retirement planning expert, dives deep into retirement strategies, focusing on the 4% rule and the evolving challenges retirees face. He elaborates on his 'safety first' approach, advocating for reliable income sources like annuities and Social Security. Discussion points include managing sequence of returns risk, the importance of flexibility in withdrawal strategies, and the impact of personal life changes on financial planning. Pfau also emphasizes the need for regular reassessment and effective communication when navigating retirement income.

Dr. Wade Pfau, Professor at The American College of Financial Services, discusses new research on using registered index linked annuities (RILAs) in retirement planning. The podcast explores how RILAs can enhance risk-adjusted returns, help meet lifetime spending goals, and manage volatility. It also covers the importance of incorporating RILAs into retirement portfolios, flexibility, downside risk management, and lifetime income benefits compared to other annuity options.