Podcast appearances and mentions of harold evensky

Christine Benz, Morningstar's director of personal finance and retirement planning, interviews financial experts about different aspects of retirement in ‘How to Retire,' the companion podcast to her book of the same name. In this episode, Christine sits down with wealth manager Harold Evensky, who inspired Christine's work in retirement portfolio bucketing.How the Bucket Approach to Retirement Planning Helps InvestorsHow the Bucket Approach Helped Keep Clients Steady During Market DownturnsBenefits of Limiting Cash in Retirement PortfoliosWhy Investors Should Avoid Too Many Retirement Buckets  Why Prioritizing Goals is Most Important for Retirement PlanningThe Most Underrated Aspect of Retirement PlanningOverrated Discussions in Retirement PlanningHarold Evensky's Transition from Work to Retirement   Key Takeaways Hi, I'm Christine Benz from Morningstar and welcome to the How to Retire podcast. It's a companion to my book, which is also called How to Retire. Each episode will provide a bite-sized lesson about how to do some aspect of retirement well.Many of you know that I frequently talk about the bucket approach to retirement portfolio construction. I was inspired to work on bucketing after talking to Harold Evensky nearly two decades ago, and I knew that I wanted to chat with Harold for this podcast. He is the founder of Evensky & Katz/ Foldes Wealth Management and a retired professor of practice of the Texas Tech University Personal Financial Planning Department. Harold and I talked about how he hit on the bucket strategy and used it with his clients. More from Harold EvenskyBioEvensky & Katz / Foldes Wealth ManagementBlogHello Harold: A Veteran Financial Advisor Shares Stories to Help Make You Be a Better Investor, by Harold EvenskyHarold Evensky on The Long View: 'It's an Unmitigated Disaster' Read more from Christine Benz.How to Retire: Tips for Entering RetirementDo You Need More Than 3 Buckets?The Bucket Investor's Guide to Setting Retirement Asset AllocationWhy Retirees and Investors Approaching Retirement Should Reduce Risk TodayTake This Simple Step As You Approach Retirement7 Key Tasks for Investors Approaching Retirement Read about topics from this episode. Panicking About Market Volatility? Don't Lose Money Chasing the Crowd Watch more from How to Retire.How to Retire: Know What ‘Enough' Means in RetirementHow to Retire: Understand the Role of Working LongerHow to Retire: Stay Flexible with Your Retirement Spending Read what our team is writing:Christine Benz Follow Christine Benz on social media.X: https://x.com/christine_benzLinkedIn: https://www.linkedin.com/in/christine-benz-b83b523

Today we have two guests on the podcast, Don Graves and Wade Pfau. Don Graves is the president and founder of the Housing Wealth Institute and an instructor of Retirement Income at The American College of Financial Services. He is considered one of the nation's leading educators on incorporating housing wealth into retirement income planning. He is also the author of three books, Housing Wealth: An Advisor's Guide to Reverse Mortgages, Housing Wealth Conversations, and The Retiree's Guide to Housing Wealth. He graduated from the Fox School of Business at Temple University.Wade Pfau is professor of retirement income in the Financial and Retirement Planning Program at the American College of Financial Services. He is also co-director of the American College Center for Retirement Income and Retirement Income Certified Professional program director at the American College. Pfau has written several books, including his most recent Retirement Planning Guidebook. He is a co-editor of the Journal of Personal Finance, and he publishes frequently in a wide variety of academic and practitioner research journals. Pfau holds a doctorate in economics and a master's degree from Princeton University and Bachelor of Arts and Bachelor of Science degrees from the University of Iowa. He is also a chartered financial analyst.BackgroundDon Graves: BioThe American College of Financial ServicesBooks: Housing Wealth: 3 Ways the New Reverse Mortgage Is Changing Retirement Income ConversationsThe Retiree's Guide to Housing WealthWade Pfau: BioBooks: Retirement Planning GuidebookReverse Mortgages: How to Use Reverse Mortgages to Secure Your RetirementJournal of Personal FinanceReverse MortgagesHome Equity Conversion Mortgage (HECM): Definition, EligibilitySandra Timmermann“Reversing the Conventional Wisdom: Using Home Equity to Supplement Retirement Income,” by Barry H. Sacks and Stephen R. Sacks, financialplanningorganization.org, February 2012.HECM Origination Counseling“Using Reverse Mortgages in a Responsible Retirement Income Plan,” by Wade Pfau, retirementresearcher.com.“The Decumulation Drawdown: How Spending Became the Big Dilemma in Retirement,” by Alessandra Malito, marketwatch.com, June 4, 2022.“Jamie Hopkins: A Framework for Financial Freedom,” The Long View podcast, Morningstar.com, Dec. 2, 2022.“Reverse Mortgage Net Principal Limit: Meaning, Pros and Cons,” by Julia Kagan, Investopedia.com, April 7, 2022.“Understanding Why and How the HECM Line of Credit Grows,” by Wade Pfau, forbes.com, Jan. 7, 2021.“Standby Reverse Mortgages: A Risk Management Tool for Retirement Distributions,” by John Salter, Shaun Pfeiffer, and Harold Evensky, financialplanningassociation.org, August 2012.“Integrating Home Equity and Retirement Savings Through the “Rule of 30,'” by Peter Neuwirth, Barry Sacks, and Stephen Sacks, Journal of Financial Planning, October 2017.“Wade Pfau: The Risk of Retirement Today,” The Long View podcast, Morningstar.com, Aug. 2, 2022.“Unbundling Investments From Insurance to Solve for Lifetime Sequence-of-Return Risk,” by Wade Pfau, retireone.com, Jan. 12, 2022.

Timothy Jackson: A Visionary Leader in Addiction Treatment, Mental Health, and Community Engagement Timothy Jackson's illustrious career showcases his diverse and impactful contributions to society, marked by numerous noteworthy achievements: - **18-Year Career in Financial Services**: Timothy was a stalwart in the financial services industry for 18 years, specializing in retirement income planning. His financial expertise and role as the Head of Financial Planner Support and Education for the largest Ginnie Mae issuer of HECM mortgage-backed securities in the industry placed him on the national stage alongside thought leaders such as Wade Pfau, John Salter, and Harold Evensky. This experience not only elevated his profile but also laid the foundation for his future endeavors.   https://www.facebook.com/timothyrjackson?mibextid=LQQJ4d   Tiktok: timjackson18 IG: timjackson8869

วิธีเก็บเงินสำหรับใช้ในการเกษียณมีหลายสูตรและหลายแนวคิด รวมถึง ‘แนวคิดเงิน 3 ถัง' ของ Harold Evensky นักวางแผนการเงินชาวอเมริกัน ที่แบ่งเงินออกเป็นถังสภาพคล่อง, ถังงอกเงย และถังสานฝัน มันนี่โค้ชและ Nam Finance ชวนสำรวจแนวคิดการเก็บเงินวิธีนี้ว่าสามารถประยุกต์เข้ากับชีวิตจริงได้อย่างไร และนอกจากนี้ยังมีเงินส่วนไหนบ้างที่ควรคำนึง เผื่อป้องกันความเสี่ยงที่จะเกิดขึ้นได้ในอนาต สามารถส่งคำถามหรือแชร์เรื่องราวของคุณมาได้ที่ podcast@thestandard.co หรือทวีตแล้วติดแฮชแท็ก #TheMoneyCase ไม่จำเป็นต้องปรึกษาปัญหาอย่างเดียว ใครมีเคสที่ประสบความสำเร็จในช่วงวิกฤตที่อยากเล่าหรืออยากแชร์ ก็สามารถส่งมาแบ่งปันให้ผู้ฟังคนอื่นๆ ได้เช่นกัน

Episode 69 - Christian Mills is the Head of Financial Advisor Relations for Reverse Mortgage Funding LLC (RMF). He has spent the last 25 years working in financial services, mainly in the retirement planning arena. Christian began at Fiserv Trust Company, initially working in IRA Custody; he then moved to the qualified plan division, Trustlynx. Following positions focused on Trust and Custody, TPA, and record-keeping, he worked for the national headquarters of the Financial Planning Association in Corporate Relations. While at FPA, his view of reverse mortgages was dramatically shifted by the academic work of John Salter, Wade Pfau, and Harold Evensky, as published in the Journal of Financial Planning. Christian graduated from the University of Kentucky and the University of Denver and is a self-professed Behavioral Finance nerd. A constantly evolving “new normal” for Americans in retirement brought Christian to RMF, where he focuses on educating financial professionals and their clients on appropriate strategies for using the new reverse mortgage. To learn how to choose the correct product, use the proceeds, and model a reverse mortgage through your current financial planning software, please contact Christian Mills at: 720.984.6622 or cmills@reversefunding.com WEALTH: Not getting enough clients? GO TO: www.CSIFG.com Book a FREE 15-minute Client Acquisition Consultation with Carter or one of his team members. HEALTH: Low on energy or overweight? Go to www.chemicalfreebody.com/enrichers and grab GREEN 85 Juice Formula or book a FREE 30-minute Health Strategy Session with Tim or one of his coaches.See omnystudio.com/listener for privacy information.

Sallie Mae 2.20% No-Penalty CD: https://www.allcards.com/best-savings...Personal Capital Tesla Promotion: https://robberger.com/go/personal-cap...Today we have the pleasure of speaking with Harold Evensky, the father of the Bucket Strategy.Here are some resources from the show:--Mr. Evensky's newsletter: https://evensky.com/resources/--His most recent newsletter: https://files.myprimitive.cloud/uploa...--His book (free on Kindle): https://www.amazon.com/Hello-Harold-V...And some of his published papers:--Modern Fool's Gold: Alpha in Recessions: http://www.empirical.net/wp-content/u...--The Efficacy of Publicly Available Retirement Planning Tools: https://papers.ssrn.com/sol3/papers.c...--The Benefits of a Cash Reserve Strategy in Retirement Distribution Planning:

In this Swift Chat, Marie Swift of Impact Communications, Inc., speaks with Preston D. Cherry, Ph.D., CFP®, of Concurrent Financial Planning, LLC. Dr. Cherry is also Assistant Professor of Finance & Personal Financial Planning in the School of Business at the University of Wisconsin Green Bay. Preston shares his backstory and why he chose to establish Concurrent as an independent, virtual financial planning firm that serves individuals, families, and business owners nationwide. They are guided by the core principle of the fiduciary standard, which is to always put client interests first. Concurrent offers a transformational personal financial planning process that helps bring balance between their life and their money where they work in concurrent partnership to help clients achieve their life aspirations. He also talks about his work at the University of Wisconsin Green Bay and how he is a product of the Texas Tech (Lubbock, Texas) PFP curriculum made famous by industry luminaries Deena Katz and Harold Evensky. Preston is also working on a book so we learn more about Statements and story listening, household hysterics, and other fun facts about Preston and his life, mission, and focus.

Fyra-hinkar-principen är ett verktyg för att få rätt balans i sitt sparande, strukturera sin ekonomi och få en modell som hjälper en att fatta bättre beslut. Saker som i sin tur kan leda till bättre avkastning, mer trygghet, mer pengar och mer valfrihet. Fyra-hinkar-modellen hjälper dessutom till att undvika vanliga misstag som att ha fel risk i sitt sparande. Många har nämligen för lite risk eller för mycket risk. Båda är tyvärr lika fel. Med fyra-hinkar-principen blir det lätt att göra rätt. Idag är det nästan än tre år sedan vi publicerade den första versionen av Fyra-hinkar-principen. Det är en anpassning av både Harold Evensky och Christine Benz modeller för hur man kan strukturera sin ekonomi. Dagens uppdatering är den tredje i ordningen och fokuserar på förenklingar, att få saker gå mer i linje och vi tar hänsyn till olika faser i ens ekonomiska resa (stay-rich och get-rich). Fyra-hinkar-principen inte någon naturlag eller modell man måste följa. Det är ett förslag, eller snarare ett perspektiv, genom vilket man kan titta på sin ekonomi. Det är inte one-size-fits-all utan det är jätteviktigt att du "projicerar" den på din ekonomi och gör modellen till din egen. Du behöver göra de anpassningar som behövs för att den ska skapa värde för dig. Fastnar du, så går det superbra att fråga i forumet.

This week's guest on The Long View is financial advisor Harold Evensky, who Morningstar managing director Don Phillips has often called the "dean of financial planning." Evensky is chairman of Evensky & Katz/Foldes Financial, and he's a retired professor of personal financial planning at Texas Tech University. Evensky has been extremely active in the planning community during his career. He's the past chairman of the International CFP Council, the CFP Board of Directors, the CFP Council on Examinations, and the Board of Appeals. Evensky is a frequent public speaker and has authored several books, including The New Wealth Management. During the course of this conversation, he weighed in on the SEC's newly approved Regulation Best Interest, calling it an "unmitigated disaster." He also discussed asset allocation leading up to and in retirement, his firm's application of a core/satellite approach, and different business models for financial advice.  Show Notes and References Background (0:18-0:57) • Harold Evensky bio  • Evensky & Katz/Foldes Financial  • Personal Financial Planning Department, Texas Tech University  • Financial Planning Standards Board Council (formerly known as "International CFP Council")  • CFP Board of Directors (formerly "Board of Governors")  • CFP Council on Examinations (formerly "Board of Examiners")  • The New Wealth Management: The Financial Advisor's Guide to Managing and Investing Client Assets (CFA Institute Investment Series Book 28) by Harold Evensky  • Books by Harold Evensky  Evensky explains why his practice opted to charge clients a percentage of assets under advisement instead of an annual retainer: "An unmitigated disaster." (0:58-2:51) How Evensky and his fellow practitioners spend their time: "It's all built around the planning." (2:52-4:02) On the firm's receptiveness to younger clients with less assets to advise: "Absolutely yes." (4:03-4:40) The future: Comprehensive, modular financial planning. (4:41-6:49) On the commodification of financial advice: "To the general public … it pretty much looks like the same service." (6:50-7:37) On robo-advice: "Our conclusion was ... it's dangerous." (7:38-11:15) • "The Efficacy of Publicly Available Retirement Planning Tools" by Taft Dorman, Barry S. Mulholland, Qianwen Bi, and Harold Evensky (Oct. 9, 2018).  Helping clients navigate turbulence: "Our goal is to call the client before they call us." (11:16-12:15) The critical importance of communicating with clients: "Brokers and, much to my surprise, trust officers … hide under their desks." (12:16-13:02) Where risk tolerance and client-specific circumstances come to the fore and human capital and age take a back seat: "Everything calls for a customized mix." (13:03-15:25) • Human Capital  "That's horribly inefficient." How Evensky came to embrace the simplicity of the core-and-satellite approach to portfolio construction. (15:26-19:27) Evensky's construct for "explore" positions: "It can be most anything." (19:28-20:37) Value's dry spell: "The basic concept of the value premium remains viable." (20:38-22:19) • Dimensional Fund Advisors  Permanent impermanence: How Evensky and his colleagues grapple with investing ephemera. (22:20-23:58) Global diversification: "We've always believed in an international exposure." (23:59-25:45) • Home-bias definition  • Market capitalization of listed companies in current prices  Risk tolerance and return needs drive strategic asset-allocation decisions: "Our maximum equity allocation is 80%." (25:46-27:53) "Rebalancing is an immensely powerful tool, painful though it is in the short-term." (27:54-30:44) Human capital's influence on the planning process: Car salesman versus tenured professor. (30:45-32:42) Ramping up equity exposure through retirement: "Intellectually I think it's very sound research; but from a behavioral standpoint I don’t think it's realistic." (32:43-34:24) • "Reducing Retirement Risk With a Rising Equity Glide Path" by Wade D. Pfau and Michael Kitces (Sept. 12, 2013) . The simple two-bucket approach: "My experience is the relatively small opportunity costs (associated with the bucketing approach) are way outweighed by the behavioral benefits." (34:25-38:24) • Testimony of Deena Katz, CFP, on "Boomer Bust? Securing Retirement in a Volatile Economy" before the Senate Special Subcommittee on Aging, Feb. 25, 2009 (see Page 7 for "paycheck syndrome").  Time- and goals-based bucketing: "A great deal of appeal but they don't make any sense." (38:25-39:19) How the complexion of retirement has changed: People will have to work longer. (39:20-41:32) "Where's the protection of the investor?" Evensky takes a dim view of the SEC's just-finalized Regulation Best Interest measure. (41:33-43:34) • "A New Rule Won’t Make Your Broker an Angel" by Jason Zweig, The Wall Street Journal, May 31, 2019.  Competency standards: Professionalism subsumes competency. (43:35-46:57) About the Podcast: The Long View is a podcast from Morningstar. Each week, hosts Christine Benz and Jeff Ptak conduct an in-depth discussion with a thought leader from the world of investing or personal finance. The podcast is produced by George Castady and Scott Halver. About the Hosts: Christine Benz and Jeff Ptak have been analysts and commentators on investments and the investment industry for many years. Christine is Morningstar's director of personal finance and senior columnist for Morningstar.com. Jeff is head of global manager research for Morningstar Research Services, overseeing Morningstar's team of 120 manager research analysts in the U.S. and overseas. To Share Feedback or a Guest Idea: Write us at TheLongView@morningstar.com

My guest today is one of the pioneers of financial planning under the RIA model. Harold Evensky is the co-founder and chairman of Evensky & Katz / Foldes Financial, an independent RIA in South Florida that oversees nearly $1.5 billion in assets under management. With over thirty years of experience in the field, Harold literally wrote the book on taking a holistic, goals-based wealth management approach to portfolio design with his 1997 publication, Wealth Management: The Financial Advisor's Guide to Investing and Managing Client Assets. In this episode, Harold shares his experience starting an RIA in the early days of the independent advisor movement, before platforms like Schwab Advisor Services even existed. Listen in to learn what he did to help his firm compete against mega wirehouses, how the industry has evolved in the three decades since he started, and what it will take for financial planning to truly be recognized as a profession by the public. For show notes and more visit: https://www.kitces.com/116 

Harold Evensky, sometimes called The “Dean” of Financial Planning, loves this profession. This year, he was awarded with the P. Kemp Fain, Jr. Award - which is often equated to the lifetime achievement award for financial planners. It was an honor to have him on this episode of #YAFPNW!

Harold Evensky, sometimes called The “Dean” of Financial Planning, loves this profession. This year, he was awarded with the P. Kemp Fain, Jr. Award - which is often equated to the lifetime achievement award for financial planners.

What happens when your financial planning backfires or doesn’t account for the worst-case scenario? Harold Evensky is a Certified Financial Planner ® who has some evergreen advice for investors. Harold meets with many investors who share the trait of being overconfident in their financial decisions. He explains how a financial planner, like himself, can help them see the big picture. Today’s guest is Harold Evensky, a Certified Financial Planner ®. He explains how he helps clients prepare for the unplanned for circumstances. He uses a technique called “framing” to help investors look at the big picture and really understand what risk means. Often an investor’s overconfidence will cause them to ignore some very real possibilities. Be warned: certainty and safety are the not the same thing in financial planning! How to be prepared for a job loss Do you work in an unstable work environment? An unstable work environment could be a startup or high-tech company or someone who works on commissions. Doug has tips for someone who may not have a steady source of income. While saving all you can is great advice, it may be worthwhile to create alternate sources of income like Real Estate Investment Trusts (REITs.) Download a list of tips on How to Manage Your Investments When Your Main Income Source Could Collapse at Any Moment. Free Download: How to Manage Your Investments When Your Main Income Source Could Collapse at Any Moment Learn more about Harold Evensky at www.evensky.com, or read his book, Hello Harold: A Veteran Financial Advisor Shares Stories to Help Make You Be a Better Investor. He’s offering free copies to the first 20 Goldstein on Gelt listeners who contact us through the Goldstein on Gelt website. Please include your name and address with your message. To learn more about Roger Whitney and his 5-minute retirement plan, go to rogerwhitney.com/5minuteretirementmakeover. If you’re not already receiving updates on new episodes, sign up now, and as a special bonus, receive Doug’s free ebook The Retirement Planning Book.

In episode #040, Harold Evensky discusses how behavioral biases affect individual decision making and techniques for illustrating these behavior patterns to clients.