Mon, 1 June 2015
Doctor Wade Pfau is known as the Retirement Researcher. He is the Professor of Retirement Income at The American College, which educates financial planners. Doctor Pfau is also the Director of Retirement Research for McLean Asset Management and inStream.
Dr. Pfau earned a Ph.D. in economics from Princeton University in 2003 with a dissertation about Social Security reform, and became a Charterend Financial Analyst charterholder in 2011.
Excertp from Dr. Pfau's website: www.retirementresearcher.com:
People are living longer. Corporate pensions from shifting away from traditional defined-benefit frameworks (where employers bear the responsibility to fund pension promises) to defined-contribution frameworks (where workers need to figure out their own retirement planning strategy).