Retirement Income Portfolio Illustrations For Advisor Clients

This session teaches practitioners about the range of portfolio outcomes experienced by pre-retirees and retirees and how to create illustrations for using an Excel spreadsheet. You’ll come away from this 4.7 star rated 1 CE-credit session led by Craig Israelsen, Ph.D., enriched for having learned:

  • a rigorous but easy way to illustrate the accumulation phase of a retirement portfolio
  • a simple way to simulate the distribution phase based on a wide variety of client-driven variables
  • a professional process for analyzing a client's portfolio survival rate
  • on the fly analysis based on RMD or non-RMD situations
  • a practical approach for fiduciaries to illustrate to clients the differences in performance of a range of asset allocation models over 60-year lifetime of 34 "individuals" over rolling periods from 1926-2018.
  • the range of investor outcomes over long periods based on key variables
  • illustrate the benefits of low-expense ETFs
  • illustrate average expense ratio of your core portfolio versus more expensive solutions

 The spreadsheet is available for $149 by emailing        

 

 Andrew Fama, a financial professional in upstate NY, wrote the review quoted below. To show you the level of professionals passionate about A4A’s CE news for CFP®, CIMA®, CPA/PFS professionals, here’s a summary of Andrew’s professional credentials. 

 

Andrew Fama is a Master Registered Financial Consultant (MRFC)®.  MRFC® professionals are required to earn 40 credit/hours of professional education annually. The National Commission for Certifying Agencies (NCCA), a leader in credentialing since 1987 recently fully accredited MRFC® professionals. In addition, Rochester, NY-based Mr. Fama is an Accredited Estate Planner (AEP)®, which requires at least 30 hours of classes every two years pertaining exclusively to estate planning. As an attorney (Juris Doctor), Mr. Fama also must earn 24 credit hours bi-annually on legal topics.  A Master's in Health Care Administration (MHA), Andrew holds the Registered Fiduciary (RF)™ designation, he wrote the premier post on Advisors4Consumers.org.

 

Andrew Fama qualifies for a personal page on Advisors4Consumers.org.  A4A members in the top-third for CE credits on A4A over the last four quarters are given a free personal page on Advisors4Consumers.org.  A4A is proud to support professionals like Andrew Fndrew Fama. His review this week is insightful: 

 

“Craig is providing a truly important service with the spreadsheet showing the various scenarios for accumulation and retirement. The fact that the spreadsheet is NOT a forecasting tool, and NOT a Monte Carlo simulation (which are a dime a dozen) is a testament to the originality and insight that Craig brings to this topic of portfolio sustainability. Yes, it is reassuring to see the numbers crunched and it will be helpful for client illustration purposes.”

Andrew Fama, Rochester, NY

 

A4A publishes reviews of CE from Bob Keebler, Fritz, Meyer and Craig Israelsen, and it’s public; reviews are not behind a paywall. The A4A community incisively reviews our CE courses, and Mr. Fama’s reviews over the years stand out for his concise analysis of each live session.

 

A4A regularly publishes reviews without A4A member names. So you may not know Andrew Fama’s name from the advisor reviews of CE courses for financial planners on A4A. Members see the name of the reviewers. For years, Andrew Fama’s reviews have been a source of inspiration and a beacon in A4A’s collaboration with advisors. Andrew wrote the very first blog entry on Advisors4Consumers.org.   We’re proud to support the advisors who most appreciate A4A, a mutual admiration society mutual of financial professionals! This is a club advisors want to join. 

Advisor Reviews and comments of the live CE session:

  • I would like to know how I can purchase spreadsheet (from Shelley Ferro)
  • i learned much and enjoyed it
  • Excellent as usual for Craig's presentations!
  • Good take home message for clients
  • Very good
  • Excellent
  • VG
  • Great.
  • Great tool.
  • very informative...we will buy the spreadsheet
  • Very useful
  • Craig does great stuff with a very complex subject.
  • great
  • Interesting presentation of RMD
  • The spreadsheet would be a good tool to educate investors and then apply what is learned to their own situation.
  • good, varied illustrations
  • Always informative and relevant!
  • Some impressive spreadsheets, but they do not cover a lot of potential future issues - too much based on historical data.
  • Great presentation but the spreadsheet seems rigid. There are other variables that need to be addressed. This is good for an initial presentation but feel that more analysis would be needed to meet client goals.
  • Well-presented... and be sure to tell Craig that we are (or at least I, for one, am) extremely! impressed with his creation. Our comments about possible "improvements" would probably make it unwieldy and not very presentable. This is a ery useful tool that I will incorporate with my NestEggGuru link.
  • too long!!! 
  • Understand what you are trying to do here, but wish it would have been prefaced on signing up that this is Craig's software.  "
  • Craig is providing a truly important service with the spreadsheet showing the various scenarios for accumulation and retirement. The fact that the spreadsheet is NOT a forecasting tool, and further more that it is NOT a Monte Carlo simulation (which are a dime a dozen these days) is a testament to the originality and insight that Craig brings to this topic of portfolio sustainability over time. Yes, it is reassuring to see the numbers crunched and it will be helpful for client illustration purposes.
  • A different perspective

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