Wade Pfau, Ph.D., CFA, is a professor of retirement income at The American College and the 2011 recipient of the Journal of Financial Planning’s Montgomery-Warschauer Award. He hosts the Retirement Researcher blog at retirementresearcher.com.
Company: The American College and inStream Solutions
Area of Expertise: Retirement income planning
Web Site: retirementresearcher.com
Twitter Feed: @WadePfau
Topics Presented in Speeches: Retirement income planning
Wade D. Pfau, Ph.D., CFA, is a professor of retirement income in the Ph.D. program for financial and retirement planning at The American College in Bryn Mawr, PA. He also serves as the chief financial planning scientist for inStream Solutions and is affiliated with McLean Asset Management. Pfau is a past selectee for the InvestmentNews Power 20 for people expected to shape the financial advisory industry, and is a recipient of Financial Planning magazine’s Influencer Awards. His research article on “safe savings rates” won the inaugural Journal of Financial Planning’s Montgomery-Warschauer Editor’s Award, and he has won two Academic Thought Leadership Awards from the Retirement Income Industry Association. Pfau has contributed to the curriculum of the Retirement Income Certified Professional (RICP) designation and the Retirement Management Analyst (RMA) designation, and has spoken at the national conferences of organizations such as the CFA Institute, FPA, NAPFA and AICPA-PFP. He holds a doctorate in economics from Princeton University and publishes frequently in a wide variety of academic and practitioner research journals. Pfau is also an active blogger at the Retirement Researcher blog and is a monthly columnist for Advisor Perspectives, a RetireMentor for MarketWatch, a contributor to Forbes, and an expert panelist for the Wall Street Journal. His research has been discussed in outlets that include the print editions of The Economist, The New York Times, The Wall Street Journal and Money Magazine.
Articles by this Author
Portfolio Strategies »
The optimal equity allocation depends on market valuations, though a fixed 60% stock/40% Treasury bill allocation works well overall.
April 2015 | Journal
Portfolio Strategies »
Starting retirement with a 30% allocation to equities and then gradually increasing it to 70% leads to a 95.1% probability of not outliving your savings.
April 2014 | Journal