Podcast appearances and mentions of david littell

Today’s guest is David Littell. David is the Joseph E. Boettner Chair in Research at the American College of Financial Services, where he teaches and develops courses and textbooks. In fact, he’s the co-creator of the Retirement Income Certified Professional (RICP) designation and coordinates its course curriculum! His work has helped countless financial advisors, including myself, better plan for retirement needs and understand how to work with older clients. However, for today’s conversation, I’m catching David at a truly interesting time in his life: his own transition into retirement. He joins the podcast to talk about why he decided to do it at the age of 66, how he continues to bring value to his community as he builds a bridge to retirement, and the many decisions - financial and otherwise - that come along the way. Show Notes: RetireWithPurpose.com/123 Rate & Review the Podcast: RetireWithPurpose.com/review Weekly Retirement Newsletter: RetireWithPurpose.com/weekend-reading

New England is recovering this week after a big storm knocked out power for days in some places. How do we keep the power on today, and make our communities more resilient in the long term? We also ruminate lyrically on fickle New England weather with writer Will Dowd. A story from Texas puts the idea of “sanctuary hospitals” in the spotlight. How are New England’s hospitals responding? And, our friends from Brave Little State separate myth from fact when it comes to the Underground Railroad in Vermont. Workers in Stowe, Vermont tend to damage from a fallen tree Tuesday. Photo by Amy Kolb Noyes for VPR Hard Rains In late October, 2011 there were still multi-colored leaves clinging to New England's trees when a freak Nor'easter hit, dumping record snow, snapping trees, and cutting off power to millions. One year later, Super Storm Sandy battered the shoreline and caused tens of billions of dollars in damage. And then this week, a prolonged rainstorm, with winds up to 70 miles an hour, knocked out power for days in Connecticut, Rhode Island, Massachusetts, Vermont and New Hampshire, with more than 400,000 outages in Maine. Damage to Route 302 in Crawford Notch, New Hampshire. Photo by Chris Jensen Our first guest is David Littell, principal with the Regulatory Assistance Project, based in Montpelier, Vermont, and a former commissioner with the Maine Public Utilities Commission. Littell has been looking at the response from utility companies. With climate change bringing more frequent, bigger storms to our region, how do we plan for these new weather realities? We’re joined by Alexander Felson, an urban ecologist, architect and assistant professor at Yale University; and David Kooris, Director of the National Disaster Resilience program for the State of Connecticut. Shelter from the Storm For immigrants in the country illegally, the fear of running into U.S. Immigration and Customs Enforcement, or ICE, agents has made some public places appear threatening. In the current environment, that can include a visit to the emergency room. A recent opinion piece in the Journal of the American Medical Association called for the establishment of so-called ‘sanctuary hospital’ policies. But some New England health care providers say they only have so much power. WBUR reporter Shannon Dooling has our story. In Brandon, Vt., the 1853 Marsh House mansion is rumored to have had a tunnel entrance in its basement. The owner of the house, Rodney Marsh, was a high-profile abolitionist in Vermont, but there’s no hard evidence of Underground Railroad activity at this site. Photo by Angela Evancie for VPR Historian Ray Zirbllis conducted an exhaustive study of Underground Railroad activity in Vermont. He found hard evidence of activity at the 25 sites marked on this map. Courtesy Vermont Division for Historic Preservation The idea of providing “sanctuary” is part of the New England mindset. Yankees are proud of New Englanders’ participation in the Underground Railroad, providing aid and shelter to runaway slaves en route to Canada. But like a lot of history we think we know, there are parts of the story that turn out to be a bit more complicated. Vermonter Carlie Krolick wanted to know more, so she asked Vermont Public radio’s people-powered podcast Brave Little State.  “Was there an Underground Railroad in Vermont? What do we know about the existence of a system to help slaves escape toward Canada? And were escaped slaves able to settle and live here openly?” – Carlie Krolick, Charlotte, Vt. Host Angela Evancie went in search of answers. Weather We Like it or Not The nights were cold this week, and so were the days; the sun, when it appeared, flashed like a coin at the bottom of a well, and the rain fell whenever it felt like it. It was really and truly November, though I couldn’t quite accept it. Those lines open the essay “Paper Allegories” in a new collection of essays by Boston area writer William Dowd, entitled Areas of Fog. Dowd wrote the collection over the course of a year in the tradition of Thoreau’s . Each essay opens with a weather report. Many pay homage to great New England writers like Thoreau, Frost, and Dickinson – writers who helped shape our spiritual understanding of a region where the weather can feel like the work of a fickle god.Walden Areas of Fog is out on November 14 from Etruscan Press. Will Dowd will be reading and signing books at the Thayer Public Library in Braintree, Mass., on November 30, and at the Emily Dickinson Museum in Amherst, Mass. on Dec 7. Do you have a question about New England you’d like NEXT to investigate? Tell us about it here. About NEXT NEXT is produced at WNPR. Host: John Dankosky Producer: Andrea Muraskin Executive Producer: Catie Talarski Contributors to this episode: Shannon Dooling and Angela Evancie Music: Todd Merrell, “New England” by Goodnight Blue Moon. Music for Brave Little State by Blue Dot Sessions and Podington Bear Get all the NEXT episodes. We appreciate your feedback! Send praise, critique, suggestions, questions, and complaints about the weather to next@wnpr.org.See omnystudio.com/listener for privacy information.

Fri, 08 Apr 2016 14:48:03 GMT 6c42a22de03943be8b99834f037fa7bc 00:14:54

In this video we talk about the skills required by a financial advisor to perform retirement income planning.

We review the costs of retirement healthcare/long-term care and the traditional notion of replacement rates. We learn that in order to have a high degree of certainty that assets will last a life-time that traditional replacement rate approach substantially underestimates the required need.

How to help pre- and post-retirement clients stay relevant to the working world and resources for finding jobs later in life, with Anna Rappaport.

We discuss the economic and psychological reasons for creating an income floor in retirement.

In this video we discuss lifecycle investment theory, the theoretical underpinnings for the safety first, or flooring approach, to retirement income planning.

In this video David Nanigian points out some of the practical implications of the research on mutual funds.

We discuss choosing appropriate investments in a portfolio with the systematic withdrawal approach. We learn that asset allocation and having a broad array of investments are both key considerations.

We examine how to build a portfolio using the bucket approach. We analyze how a variety of products fit.

We learn about clarifying what the client wants out of the relationship with the advisor when formulating an engagement to create a retirement income plan.

We learn about what data to gather and communicating with the client to ensure that all relevant information is known at this crucial stage of the retirement income planning process.

We learn that knowing the client's prioritized objectives is key to analyzing data for a retirement income plan.

We learn that communicating the retirement income plan to the client involves a lot of listening and working together.

We learn about how to successfully implement the retirement income plan.

We learn about how often to monitor the retirement income plan and how important this step is to the success of the plan.

We look at products planners may use for systematic withdrawals. We analyze how a variety of choices fit.

Mon, 30 Apr 2012 22:02:46 GMT 379dd71163714b639ae9ed0a8

We discuss how a good retirement plan can fail without an understanding of what drives human behavior.

We discuss various methods for calculating how much a client needs to save for retirement need and learn about choosing the appropriate tool.

Joe Jordan discusses what clients really want from their financial advisor and begins to address some of the challenges involved in retirement income planning.

Joe Jordan reviews some of the questions to ask clients to help them decide among their retirement income goals.

Fri, 02 Mar 2012 15:54:45 GMT

We review data about the impact of deferring retirement and learn that deferral has the most significant impact on the retirement readiness of lower-income workers.

We discuss how the software tool, "Ready2Retire" can help an advisor help their clients.

We learn why an individual who has converted a traditional IRA into a Roth IRA may want to undo that transaction (called a recharacterization). We also learn about the rules and deadlines for recharacterization as well the rules for reconverting that same IRA account into a Roth IRA a second time.

We discuss managing multiple retirement portfolios over time.

We discuss how retirement planning revolves around assessment of current expenses and how to frame this issue with clients to help them overcome the resistance to this process.

We discuss appropriate portfolio construction consistent with the age banding approach to dividing expenses into multiple age bands in retirement.

We discuss what we are trying to accomplish by dividing a retirement portfolio into a number of age bands the types of concerns that this strategy addresses.

A critical decision in retirement is choosing the most tax efficient order of withdrawals from taxable, tax-deductible, and tax-exempt accounts We learn principles to help clients make appropriate decisions.

When a client has both stocks and bonds, determining the appropriate asset location is critical to maximizing the value of the portfolio. We learn principles that help the advisor choose which types of investments are best held in tax advantaged retirement plans (both tax-deferred and tax-exempt) and which are more appropriate to hold in taxable accounts.

We discuss the effect on portfolio success when comparing whether a client should draw down Social Security assets while she waits for deferred Social Security or claim Social security as soon as possible to preserve other assets. We learn that deferring Social Security can actually help to extend the portfolios longevity.

We consider how a difference in current versus future tax rates impact the decision to contribute to a tax deferred or tax exempt retirement plan.

A look at the concept of provisional income and the income limits that exempt Social Security form federal taxation. We learn that some clients will receive all of the Social Security tax free, some will have up to 50 percent of their Social Security taxed, and some will have up to 85 percent of their Social Security taxed.

In this video we discuss the NCOA and MetLife Study, Tapping Home Equity in Retirement. We learn about using home equity to increase retirement income, defer payment of a mortgage, or as an emergency fund to cover important expenses that allow a retiree to remain in the home.

We compare conventional loans, reverse mortgages, single purpose loans, and downsizing. We find out the appropriate use for each strategy.

We look at options for the solo practitioner and the small employer. We learn that the practitioner should focus on the amount he/she would like to save and administrative simplicity when choosing a tax advantaged plan.

An examination of the assumptions required when using a retirement accumulation calculator and the merits of choosing one assumption over another. We learn how to fine-tune assumptions to reflect client conditions.

A look at the concept of provisional income and the income limits that exempt Social Security form federal taxation. We learn that some clients will receive all of the Social Security tax free, some will have up to 50 percent of their Social Security taxed, and some will have up to 85 percent of their Social Security taxed.

We discuss all aspects of the tax treatment of nonqualified annuities during the life of the contract holder. We learn about the early withdrawal penalty tax as well as the difference between the tax treatment of withdrawals prior to and after annuitization. We also learn about calculating the exclusion ratio when the annuity is a variable annuity or contains an inflation rider.

The final confrontation: Ray, Jenna and Greg vs. David Littell and his men.

Producer/Host: Ron Beard, University of Maine Cooperative Extension Studio Engineer: Amy Browne Topic: Maine's Climate Future—what are the implications? Guests: George Jacobson, School of Biology and Ecology & Climate Change Institute, University of Maine; Paul Anderson, University of Maine Sea Grant; Ivan Fernandez, Plant, Soil & Environmental Sciences, and Climate Change Institute, University of Maine; David Littell, Commissioner, Maine Department of Environmental Protection What led to this report and what was different in the process of pulling it together? How is the report organized? What does the record of Maine's past and present climate tell us about the future? What does the report find for freshwater ecosystems, forests, biodiversity and indigenous peoples of Maine? Maine is a heavily forested state, influencing both our economy and where people live and recreate… what are some of the implications of people making a living from and enjoying Maine's woodlands? what are some of the implications of Maine's climate future for people living and making a living on the coast? What led Governor to request this report? How would you characterize its contribution to our response, as a State, to the issues? How are the executive and legislative branches of Maine government responding… what are the highlights? What should citizens and stakeholders be watching for? FMI: www.climatechange.umaine.edu/mainesclimatefuture/index.htm The post Talk of the Towns 5/08/09 first appeared on WERU 89.9 FM Blue Hill, Maine Local News and Public Affairs Archives.