January 4, 2012, The Decumulation Beat
Searching for the Right Decumulation Tool
This month we'll be dedicating a fair amount of space to retirement income planning software tools.
No matter how sophisticated it might be, no retirement income planning software program can replace the instincts, intellect and mental intangibles of a good financial advisor. This much we know.
But that’s not to say that software can’t help brighten advisors’ presentations, or streamline their methodology, or add new capabilities to their repertoire. So the search for a useful decumulation tool goes on.
Last fall, in an email, an advisor asked us if we knew of any good income planning tools for independent advisors. He was a beginner, and he wanted a few pointers on selecting the best equipment.
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