Sa For Fas

Retirement Advisor: The Deceptive Certainty Of Retirement Calculators

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Synopsis

Seeking Alpha contributor Ronald Surz’s article on the SECURE Act argues that it will encourage savings; it will encourage misuse of financial calculators; and that these calculators will not model risk properly. This podcast (5:23) suggests that asset managers’ robo-retirement-income tools are brilliant – from a marketing point of view – but are woefully inadequate models on which to base a retirement income plan.Learn more about your ad choices. Visit megaphone.fm/adchoices