How to Build a Robust Retirement Planning Strategy & Withdrawal Policy Statement

Retirement Planning: Probabilities, Problems and the Power of Policy.

CISI Financial Planning Conference 2019.

A keynote presentation by Amyr Rocha-Lima, CFP®.

-------------------

As financial cash flow planning and Monte Carlo analysis become increasingly popular in retirement planning, financial planners are talking more about the probabilities of a client’s success or failure.

Most planners evaluate client goals, look at the probability of success (defined usually as not running out of money), and the client then makes a decision about whether they like the result or not.

However, given the long term nature of a retirement plan, the truth is that ‘failures’ might merely require mid-course adjustments and that ‘successes’ actually leave over excess money. Which is why it’s so important to agree on a withdrawal policy statement to guide the financial planner’s (and the client’s) actions going forward.

-------------------

Amyr Rocha-Lima, MSc FPFS CFP®

Amyr is a financial planner who specialises in helping successful business owners and senior professionals feel educated, relaxed and optimistic about their retirement plans.

He is a partner at Holland Hahn & Wills, a financial planning and wealth management firm based in Kingston upon Thames (United Kingdom).

Amyr is a Fellow of the Personal Finance Society and a frequent commentator on financial planning and wealth management matters for both national and specialist media.

- Website:
- LinkedIn:
- Twitter:

#FinancialPlanning
#RetirementPlanning
#Investment
#WealthManagement

Statement