Justin Fitzpatrick: 'Retirees Have a Superpower'

<p><p>Our guest on the podcast today is Justin Fitzpatrick. Justin is the co-founder and chief innovation officer at Income Lab, which provides retirement planning software. Before co-founding Income Lab, Justin spent over 15 years in financial services, leading teams in advanced financial planning and portfolio strategy and managing the development of financial technology tools. Prior to his work in financial services, Justin spent seven years in academia. He has taught at the Massachusetts Institute of Technology; Harvard University; Queen Mary, University of London; and the University of California, Los Angeles. Justin is a Chartered Financial Analyst charterholder and a Certified Financial Planner professional.</p><p></p></p><p><p><strong>Background</strong></p></p><p><p><a href="https://www.linkedin.com/in/justin-m-fitzpatrick/" target="_blank">Bio</a></p></p><p><p><a href="https://incomelaboratory.com/about/#.Ysx8EHbMKUl" target="_blank">Income Lab</a></p></p><p><p><a href="https://www.linkedin.com/company/income-lab/?originalSubdomain=jm" target="_blank">Income Lab LinkedIn Page</a></p></p><p><p><strong>Sequence Risk and Spending Rules</strong></p></p><p><p>“<a href="https://www.advisorperspectives.com/articles/2022/02/14/will-higher-inflation-harm-retirees" target="_blank">Will Higher Inflation Harm Retirees?</a>” by Justin Fitzpatrick, advisorperspectives.com, Feb. 14, 2022. </p></p><p><p>“<a href="https://www.advisorperspectives.com/articles/2021/10/25/how-the-4-rule-undermines-advisors-and-clients" target="_blank">How the 4% Rule Undermines Advisors and Clients</a>,” by Johnny Poulsen, advisorperspectives.com, Oct. 25, 2021.</p></p><p><p>“<a href="https://www.thinkadvisor.com/2021/10/01/rethinking-risk-in-retirement-planning/" target="_blank">Rethinking Risk in Retirement Planning</a>,” by Justin Fitzpatrick, thinkadvisor.com, Oct. 1, 2021.</p></p><p><p>“<a href="https://www.financial-planning.com/opinion/retiree-withdrawal-rates-alone-are-misleading-heres-why" target="_blank">Retirement Withdrawal Rat