WEBINAR: Understanding Client Experiences with Spending Adjustments in Retirement

The July webinar explored the need to adjust spending through retirement to accommodate changing circumstances.

Advisors and researchers have long commented on the need to adjust spending (up or down) through retirement to accommodate changing circumstances. In this webinar, Justin Fitzpatrick, PhD, CFA, CFP®, Co-founder and CIO of Income Lab discussed how adjustment-based retirement income planning differs from accumulation planning and examined how this shift affects investor psychology and client experience. Fitzpatrick shared evidence from historical stress tests that spending adjustments tend to be less extreme than researchers and advisors had previously feared.

Learning Objectives:

  • Understand the differences between planning in accumulation and in distribution.
  • Look at how risk-based guardrails can guide adjustment decisions.
  • See how historical stress tests illustrate retirement income adjustments and how they can be used to evaluate plans.

Don’t miss this opportunity to gain deep insight to inspire your retirement income planning approach.

About Justin Fitzpatrick

Justin Fitzpatrick is co-founder and chief innovation officer of Income Lab, the only firm that provides dynamic—not static—retirement income software. Before co-founding the firm, Justin worked for ten years in financial services, leading teams in advanced financial planning and portfolio strategy, managing the development of financial technology tools, and designing and executing strategies to enter new markets. Before that, he spent seven years in academia, teaching at the Massachusetts Institute of Technology (MIT); Harvard University; Queen Mary, University of London; and the University of California, Los Angeles. Justin is a Chartered Financial Analyst (CFA) Charter holder and a Certified Financial Planner (CFP) professional. He is an accomplished public speaker and published writer.

Watch this webinar on demand here. 

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