Planning for a secure retirement has never been more difficult, according to David Lau, founder and chief executive officer of DPL Financial Partners. Americans are living longer than they used to and retiring earlier than they expected. At the same time, pensions are disappearing. Collectively, that trio of factors is placing unprecedented pressure on retirees, he said.
Lau's comments came during an Oct. 26 presentation in New York City for financial journalists titled "The 4% Rule Reimagined" — an in-person and online event (and now available on demand) hosted by DPL, a Louisville, Ky.-based commission-free insurance company. Also speaking were David Blanchett, adjunct professor of wealth management at the American College of Financial Services, and Shannon Stone, a lead wealth advisor at Griffin Black Inc., a financial planning firm in Redwood City, Calif.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
