Wade Pfau: The Risks of Retirement Today

<p>Our guest on the podcast today is Wade Pfau. He is professor of retirement income in the Ph.D. in financial and retirement planning program at the American College of Financial Services. He is also co-director of the American College Center for Retirement Income and RICP program director at the American College. Pfau has written several books, including his most recent, <i>Retirement Planning Guidebook</i>. He is a co-editor of the <i>Journal of Personal Finance</i>, and he publishes frequently in a wide variety of academic and practitioner research journals. He hosts the Retirement Researcher blog and is a regular contributor to Advisor Perspectives, MarketWatch, and Forbes. Pfau holds a doctorate in economics and a master's degree from Princeton University and Bachelor of Arts and Bachelor of Science degrees from the University of Iowa. He is also a Chartered Financial Analyst.</p><h2>Background</h2><p><a href="https://www.theamericancollege.edu/our-people/faculty/wade-pfau">Bio</a></p><p><a href="https://www.amazon.com/Retirement-Planning-Guidebook-Navigating-Important/dp/194564009X/ref=sr_1_3?crid=2DGRZYMFJ8ZKD&keywords=wade+pfau&qid=1659397377&s=books&sprefix=Wade+Pfau%2Cstripbooks%2C124&sr=1-3"><i>Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success</i></a>, by Wade Pfau</p><p>Wade Pfau <a href="https://www.amazon.com/Wade-D-Pfau/e/B01KP4I5O8?ref=sr_ntt_srch_lnk_1&qid=1659444937&sr=8-1">books</a></p><p>Wade Pfau blogs posts on <a href="https://retirementresearcher.com/wade-pfau/">Retirement Researcher</a></p><p><strong>Retirement Income Strategies</strong></p><p><a href="https://retirementresearcher.com/alex-murguia/">Alex Murguia</a></p><p>“<a href="https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4011297">Selecting a Personalized Retirement Income Strategy</a>,” by Alejandro Murguia and Wade Pfau, Retirement Management Journal, Dec. 1, 2021.</p><p>“<a href="https://www.financialplanningassociation.org/sites/default/files/2021-05/2021%2005%20Determining%20Your%20Re