Let's further embark into David Blanchett's PhD, CFA, CFP Timeline Series.
During this part David discusses Historical Returns.Read More
In this final of our three part series, financial planner Justin King APFS, CFP talks about how he uses cash buffer within a retirement income portfolio to help client stay the course during a market down turn.
Justin uses Timeline to illustrate how he keeps adequate cash buffer alongside the heavy allocations to equity. The goal is to avoid being forced to sell down on equities during a market downturn. This cash buffer also doubles as a great way to managing client behaviour. By assuring the client that they have ample cash to support their withdrawals during a possible market downturn, they client is far less likely to bail on the plan.Read More
In this hilarious talk, financial planner Justin King APFS, CFP gives a glimpse into the kind of conversation he has with clients on retirement income planning. Ultimately, all successful retirement planning rests on faith in capitalism. But first, he rants about NEWS, which he describes as Negative World Events Service.Read More
Retirement planning is in some respects similar to preparing for battle. While in retirement planning, lives may not be in danger, both do have in common the goal of seeking to maintain independence and dignity. And in retirement the enemy isn’t military aggression, but aggressive inflation, poor sequences of returns and outliving your money.
Our previous story illustrates the problem with focusing on a single-line projection in retirement planning. The fundamental problem is that using straight-line projection creates an illusion of precision, and gives an impression that there is only one plausible outcome. In reality, the exact future outcome is unknown and unknowable. So it’s important that we consider a wide range of plausible scenarios.
In this article, we consider the reasons why straight-line-projections are woefully inadequate when illustrating sustainability of income in retirement.Read More
We are on the lookout for a consultant for Timeline, the software for illustrating sustainable withdrawal strategies in retirement income portfolios. The software is used by advisers in 7 countries including the UK and the US.
The ideal candidate currently holds a business development role within financial services. Perhaps you’re looking to ditch lifeco, platform, or asset management dullsville and move instead to a vibrant, startup-esque atmosphere where your personality isn’t tolerated – it’s celebrated.Read More
Timeline, the sustainable withdrawal rate software created by Abraham Okusanya has raised a seed funding round from a group of private investors.
Founded in April 2017 in response to the Pension Freedoms, Timeline is the sustainable withdrawal rate software used by financial planners in the UK, US and other countries. Timeline uses extensive empirical research, asset class returns, inflation and mortality data to assess how a retirement strategy might fare under various market conditions.Read More
Timeline, the sustainable withdrawal rate software, has added a new feature that allows planners to compare Monte Carlo and historical simulations for withdrawal rate strategies.
With this new feature, users can see how a given withdrawal strategy fares using Monte Carlo simulations, as well as under historical scenarios.
Abraham Okusanya, founder of Timeline said ‘while we believe that historical data over 117+ years is the most objective way to illustrate asset class behaviour, we understand that some users may want to test the withdrawal strategies based on their return expectation. So, we said knock yourself out!’Read More
On April 30th we'll be taking Timeline, the Sustainable Withdrawal Rate software to the Retirement Income Summit 2018 in Chicago! For two days, we'll be showing off the software to over 400 advisers from across the US!
Organised by the InvestmentNews magazine, the annual Retirement Income Summit is the premier retirement planning conference in the US and features a fantastic range of speakers like Michael Kitces, David Blanchett & Wade Pfau.
We're delighted to announce a new feature on Timeline which enables planners to illustrate the benefits of scaling up/down withdrawals at different phases of retirement
The traditional assumption for sustainable withdrawal rate is that a client will spend the same amount of inflation adjusted income throughout their retirement. This assumption is not supported by cold hard data on spending pattern of retirees.
Research in the UK shows spending in retirement declines progressively in real terms. From age 65, spending typically declines progressively and is about 35% lower at age 80.Read More
We are very pleased to let you know that we've now added the PDF report feature to Timeline, the sustainable withdrawal rate app.
With this feature, financial planners can now produce a personalised Withdrawal Policy Statement for their clients at the click of a button! How cool is that?Read More