Economics-Based Financial Planning with Wade Pfau's Retirement Income Institute

Economics-Based Financial Planning with Wade Pfau's Retirement Income Institute

This will be of interest to anyone who seeks more money, less risk, and a better life. Wade Pfau is one of our country’s truly exceptional thought leaders when it comes to personal finance. He holds a PhD in economics from Princeton as well as the CFA and RICP® designations. Wade is a professor of practice in the Retirement Income Certified Professional® (RICP®) Program at The American College of Financial Services.

Wade asked me to use my company’s MaxiFi Planner software to illustrate economics-based financial planning. Whether you are new to economics’ prescriptions for handling your financial life or have been applying its prescriptions for years, you’ll find this presentation of interest.

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Episoder(149)

Dead Men Are Running America's Budget, and Their Policies Are Bankrupting Your Kids

Dead Men Are Running America's Budget, and Their Policies Are Bankrupting Your Kids

What does it mean when the co-founder of America's premier nonpartisan fiscal policy institution tells you that both parties have systematically abandoned the working class, the young, and the America...

11 Sep 58min

The Race Against Time: Can Argentina's Economy Recover Before the Election Kills the Reform?

The Race Against Time: Can Argentina's Economy Recover Before the Election Kills the Reform?

What if solving Argentina's inflation crisis required nothing more than a single televised announcement — and the government is still not making it?Emilio Ocampo advised President Milei during his 202...

2 Sep 1h 3min

34% of Gen Z Is Gambling Online. They Think It's Investing

34% of Gen Z Is Gambling Online. They Think It's Investing

What if the single biggest financial threat facing young Americans right now isn't student debt or housing prices, but a $22% credit card rate on one side and an online gambling habit disguised as inv...

29 Aug 56min

Is AI the End of Mathematics, or Its Most Exciting New Beginning?

Is AI the End of Mathematics, or Its Most Exciting New Beginning?

What does it feel like to watch an AI solve a problem in a single prompt that you've spent years working on, and produce a stronger result than your own published papers?Professor Kotlikoff grew up ac...

20 Aug 1h 18min

Your Medicare Premium Is Rising Twice as Fast as Your Social Security Check — Here's What to Do About It

Your Medicare Premium Is Rising Twice as Fast as Your Social Security Check — Here's What to Do About It

What if the Medicare premium increases heading your way aren't just a number, they're a signal that the entire system is heading somewhere most retirees aren't prepared for?Phil Moeller has co-written...

19 Aug 1h 9min

Why Putin Can't Win, China Won't Fold, and Trump Is Running Out of Options

Why Putin Can't Win, China Won't Fold, and Trump Is Running Out of Options

What if the three most dangerous regimes on earth — Russia, China, and Iran — are all weaker than they appear, and yet America is still losing ground to all three at once?Sir Niall Ferguson has spent ...

6 Aug 1h 8min

The Illiquid Jenga Tower: Inside the Private Credit Timebomb Nobody's Talking About

The Illiquid Jenga Tower: Inside the Private Credit Timebomb Nobody's Talking About

What if the passive investing revolution (the idea that just buying the index and holding is the smartest thing most people can do) has quietly turned into something that no longer resembles the effic...

2 Aug 1h 16min

Why the Most Important Economic Story of Our Time Isn't the Tariffs — It's the Institutions

Why the Most Important Economic Story of Our Time Isn't the Tariffs — It's the Institutions

What if one of the most famous and widely cited findings in modern economics (that money doesn't really make you happier) turned out to simply be wrong? And what does the economist who proved it wrong...

31 Jul 1h 9min

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