Michael Finke

My new article for @AdvPerspectives I look deeper into the remarkable predictability of the @RobertJShiller CAPE ratio in recent decades. @TheAmerCol advisorperspectives.com/articles/2020/…

What's the "right" way to spend down your retirement savings? On the latest YMM, Bill Bengen – creator of the famous 4% rule – joins ALI Fellow @FinkeonFinance to discuss how protected income can give retirees the confidence to spend more freely. protectedincome.org/four-percent/

Why Advisors Should (Almost) Never Recommend Social Security Claiming at 62: The long-run benefits of delaying Social Security benefits and how advisors can address potential concerns hesitant clients might raise (@FinkeonFinance | @ThinkAdvisor), and more on social security this #WeekendReading: kitc.es/3K0hprZ

Research shows that three investments you make today can help you live better in retirement. @FinkeonFinance explains in this episode of the Your Money, Your Wealth podcast. Watch or listen and download the Retirement Lifestyles Guide for free: lnk.to/ymyw-523

We'd also like to extend our thank you to our #Climb25 keynote speakers @markmathewssurf, Andrew Sykes, and @FinkeonFinance! Your contributions made this event truly unforgettable. Your powerful messages inspired and energized everyone in attendance!👏🌟#TruChoice #FinServ

6) The Three Cornerstones of A Happy and Fulfilling Retirement with @FinkeonFinance thehumansideofmoney.blubrry.net/2024/08/23/120…

Great stuff via @FinkeonFinance

What drives the worries of people across the wealth spectrum about running out of money in retirement — and what can advisors do to help? @FinkeonFinance offers his perspective in this piece from @WSJ! wsj.com/personal-finan… #FinancialServices #Retirement

Join @FinkeonFinance and TPCP™ Program thought leader Alan Gassman for an in-depth conversation on the knowledge contained in our newest designation program…and how tax-informed planning affects your clients. theamericancollege.edu/knowledge-hub/… #financialservices #podcast #tpcp

There are three pillars of a successful retirement: 1) Money 2) Health 3) Relationships Most advisors know the money part. But, in this episode, @FinkeonFinance explains how to incorporate all three elements in your work with clients. 🔗podcasts.apple.com/ca/podcast/the…

Planning horizons for higher-income individuals are substantially longer than for average Americans. A higher-income man and woman can expect to live to 88/90 on average, and they need to push the horizon to 95/97 for an 80% chance of success.

This is a must-read thread. A progressive policy that provides workers with an inflation-adjusted income annuity significantly reduces wealth inequality when the substantial present value is included on a household's balance sheet.

@timgill924 Fortunately for him, he does not closely share my genetic limitations.

@timgill924 An Irish Finke sandwich

We've gained about a year of longevity every decade over the last century, and one of the biggest reasons is the ongoing advancement of science and the treatment of disease. Drugs like Ozempic that effectively reduce obesity mean that people will live longer and healthier lives.

@126613LBSUB @DanielYerger3 @WadePfau @RetirementRisks @HigherEdCraig We're all motivated by compensation (shockingly, even academics). Each compensation method has its own potential conflicts. We're interested in knowing what the outcomes look like for clients who employ advisors with different compensation methods.

@DanielYerger3 @FinkeonFinance @WadePfau @RetirementRisks @HigherEdCraig

This is not an attack on hourly. That said, I've noticed a number of influential academics in the finance space (particularly American College faculty alumni) will regularly drop that "hourly is the purest form of fee." On what are we basing this "statement of fact"?

Wow

What do @TheAmerCol’s resident “supernerds” have to say about Dave Ramsey’s retirement planning advice? @FinkeonFinance convenes @WadePfau and @davidmblanchett in the inaugural episode of our Shares podcast! hubs.li/Q02pNkDT0 #financialservices #podcast

Interesting comparison of private US debt vs. Federal and state government (bars represent actual size the suns to total bar on right). Federal debt it a surprisingly small percentage of total debt. Source: Federal Reserve

@BillWinterberg @TheAmerCol Bill - thanks for offering to help! I've emailed Eric Ludwig (he runs the RICP).

@TheAmerCol Hi @FinkeonFinance 😁

Hi #RICP. 👋 If you need help storyboarding your education videos to easily accommodate annual changes in tax law without using awkward voiceovers, I can help. 😉

Mutual funds with a prospectus that is relatively more unique (a niche fund) have significantly lower performance, higher fees, and lower @MorningstarInc ratings. #ASSA2024