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HomeWealth ManagementHype or Not? Episode 6: Decumulation Know-how

Hype or Not? Episode 6: Decumulation Know-how


A latest Constancy examine discovered that the oldest Era Xers at the moment are simply 5 years from retirement, and most child boomers are making the transition into residing in retirement. But, there are few know-how instruments devoted to serving to shoppers handle the decumulation part of their lives, when people begin withdrawing from gathered belongings.

On this newest episode of WealthManagement.com’s Hype or Not? video sequence, Nexus Technique President and CEO Tim Welsh and Senior Tech Editor Davis Janowski battle it out over the deserves of decumulation know-how. Janowski, ever the pessimist, truly believes the tech is just not hyped sufficient and that advisors are too dismissive of longevity and long-term care planning, regardless of the variety of folks going into retirement. He expects the handful of those platforms to be wildly profitable.

And whereas Welsh admits that there’s a retirement financial savings disaster in America, that doesn’t apply to an advisor’s typical consumer, which by no means spend down their retirement financial savings. Relatively, he says the tech ought to assault the issue from the retirement plan facet and give attention to financial savings and accumulation.

Who do you agree with? Watch to listen to their full arguments.

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