14. Rethink: Advisor Bias In Distribution Planning featuring Ramsey Smith

The number one goal and pain point addressed by financial professionals is the sustainability of retirement spending. With all of the effort placed on accumulation funding, the demographics of world population dictate that distribution planning will become the hottest topic in the next decade.

Concerns about mortality, interest rates, inflation, dividend yields, real estate and pensions require serious rethinking on how to deliver on the fundamental question of advisory clients around outliving their money. The challenge is that we picked up a lot of dis- and misinformation on what’s worked and will work going forward. This creates advisor bias and can impact the recommendations leading to questions of sustainability of retirement spending. Do you have a bias on how to best generate income for your clients in retirement?

In this episode, Adam Holt & Derek Notman rethink advisor bias, specifically on retirement income certainty. Adam and Derek invite Ramsey Smith, CEO of Alex.fyi and retirement distribution expert, into the Rethink Tank for some guidance on this topic and how it impacts the industry both now and in the future.

Adam & Derek discuss:

What is the income certainty space?
The emotional certainty of pensions
Income vehicles that are popular today
The future of qualified plan options
The challenge with annuities and historical bias on the term
And more