Retirement Management Forum

Clients of all ages are looking for expertise in retirement planning, especially when it comes to holistic, multidisciplinary planning for an entire household. As clients shift from an accumulation of assets to decumulation, their needs and mindset changes significantly. If you are looking for a better way to support your retirement clients, join our day-and-a-half conference to discover practical tools and techniques.

  • Sunday
    December 08, 2019
  • Monday
    December 09, 2019
  • Tuesday
    December 10, 2019

Sunday, December 08

Time
Session Speakers
1–5:30 p.m.

Registration/Information Desk Open

    3-4:15 pm

    Preconference Workshop Sponsored by Nationwide Part 1

    Part 1
    3–4:15 p.m.
    Future-ready: Retirement Savings Opportunities for Business Owners in Any Market Environment

    The global stock market has been pretty good to its investors over the past decade or so, but what goes up often must come down. Get an up-to-the-moment update on the markets from Nationwide's markets expert Mark Hackett, and then learn about the many options business owners have for retirement savings—in any market environment—from our Advanced Consulting Group consultant Anne Meagher.
     
    Sponsored by:

    4:15–5:30 p.m.

    Preconference Workshop Sponsored by Nationwide Part 2

    ​Part 2—Future-ready: Planning a Tax-efficient Retirement Income Strategy
    The Nationwide Retirement Institute® Tax-efficient Retirement Income program provides insight into how taxes can impact your clients’ retirement plans. Gain insight into your clients’ concerns and how you can help them plan for a sustainable retirement income through a better understanding of tax-flexibility, tax bracket placement and combinations of income and sequencing strategies.


    Complimentary to attend, but space is limited.
     

    How to register:
    For those who have already registered for Retirement Management Forum and wish to attend this workshop, please login to your dashboard and click on “My Conferences” on the left-hand side menu and click “Manage Registration.” From there, you may select the pre-conference workshop to add to your registration. Or fill out the pre-conference registration form and return it to conferences@i-w.org.
     
    For those who have yet to register, simply add the workshop to your online registration at the time of purchase, or fill out the conference registration form and return it to conferences@i-w.org.

    Sponsored by:

    Monday, December 09

    Time
    Session Speakers
    7 a.m.–6 p.m

    Registration/Information Desk Open

      7–8 a.m.

      Breakfast with Sponsors and Exhibitors

        8–9:15 a.m.

        General Session #1: An Optimistic Look at the U.S. Economy

        With dual perspectives from the highest levels of government and business, Carlos Gutierrez looks at our current economic situation and why organizations should be optimistic about doing business in America. From China's inadequate operating environment and its slowing growth to how the shale energy revolution will spur jobs and shift the balance of power in terms of world exports, he discusses what businesses can expect in the next five to 10 years. He also looks at the policies and reforms we need to enact in order to secure the strength of our economy, including immigration, banking, regulations, and trade. Mr. Gutierrez will suggest actions for business leaders and how to capitalize on opportunities.

        9:15–9:30 a.m.

        Break with Sponsors and Exhibitors

          9:30–10:30 a.m.

          General Session #2: Redefining Retirement—What’s Your Encore?

          Until now, nearly all retirement planning has been fiscal. Once your finances are in order, the question still remains: What will you do with your time in retirement? It’s a much bigger challenge than expected and very few sources address the problem. Shortly after the euphoria of “Yahoo! I don’t have to go to work today!” wears off, new retirees often feel an overall sense of loss…loss of social interaction from fellow employees, lack of purpose and disconnected from society. How do you redefine retirement so it provides a continued life of fulfillment and purpose? How do you live a balanced life in retirement when you discover that golf and grandkids aren’t enough? How do you determine the difference between pleasures and fulfillment? Institute conference attendees are continually faced with the complexities of their clients’ issues on finances. More and more you are expected to be a counselor and offer non-financial advice. At this session take away a better understanding of the issues facing your clients.

          10:30–10:45 a.m.

          Break with Sponsors and Exhibitors

            10:45–11:45 a.m.

            Workshop #1: An Aging World: Challenges and Opportunities for Financial Advisors

            Life expectancy is increasing and with it the growing role and financial impact of women as caretakers. While women continue to become greater contributors to our nation’s wealth and intellectual capital, it is a complicating factor that 66 percent of women are also the primary caregivers for their aging family members, often taking the off ramp from their careers to embrace a full-time caregiver role. In this fast-paced session, examine the findings of recent studies on health in retirement, women and finances, and caregiving to gain insight into trends associated with an aging population and discuss ways to convert takeaways into fruitful, results–driven financial planning conversations.

            • Cynthia Hutchins
              Bank of America Merrill Lynch, Director of Financial Gerontology

            Workshop #2: Retirement and Its Discontents

            Retirement has become an increasingly complex topic. This is in large part because we are living longer than we have in all of human history. University of Toronto Professor Michelle Silver invites you to rethink your perceptions about aging and retirement in this session. She discusses retirement from its early policy roots to the social phenomena it has become. She focuses on implications for people whose personal identity has always been closely intertwined with their work. Her talk makes the point that aging is different today than the not so distant past and explores how to make the most of retirement. Drawing from recent research, she presents four key strategies for retirement, weaving in examples from CEOs, elite athletes, physicians, and academics she has interviewed.
             

            11:45 a.m.–12:30 p.m.

            Lunch

              12:30–1:45 p.m.

              Workshop #3: Social Security: Addressing Critical Issues for Clients

              Social Security plays an integral role for those already in or preparing for retirement. Can you answer all of your clients’ questions about this important benefit program? Discover the essential elements, rules and regulations, eligibility requirements, available benefits, taxation issues, employee and spousal requirements (current and ex-spouses), and more with one of the nation’s leading subject matter experts on retirement.

              Workshop #4: HSA’s Retirement Planning/Medicare/Roth Conversions

              The Nationwide Retirement Institute® ‘Tax-efficient Retirement Income; Planning Opportunities and Sequencing Strategies’ presentation provides insight into how taxes can impact your clients’ retirement plans. Gain insight into your clients’ concerns and how you can help them plan for a sustainable retirement income through a better understanding of tax-flexibility, tax bracket placement and combinations of income and sequencing strategies.
               

              1:45–2 p.m.

              Break

                2–3:15 p.m.

                Workshop #5: How to Use Asset-Liability Matching to Build a Safe Runway into Retirement

                How do you make sure clients’ portfolios can deliver reliable paychecks as they transition into retirement? Find out why asset-liability matching has been used by pension plans for years. Learn how they match investments to the point when they need to be consumed and find out why clients love this approach when it is applied to their portfolios.
                 

                Workshop #6: Not Dead Yet

                Chicago-area attorneys, Eric G. Matlin and Ryan S. Smith, concentrate their law practice on estate planning and administration. Their core philosophy is that everyone, regardless of age, financial condition and health, benefits from estate planning. Everyone’s needs are unique, varying from person to person and family to family. Beyond wealth, estate planning attorneys must also consider clients’ concerns and passions, along with family dynamics when delivering quality services. Eric and Ryan will discuss how and why they focus on educating their clients about the essential concepts of estate planning and Matlin Law Group’s collaborative nature working with their clients’ financial advisors.
                 

                3:15–3:30 p.m.

                Break with Sponsors and Exhibitors

                  3:30–4:30 p.m.

                  Workshop #7: RMA Curriculum Workshop: Presenting & Monitoring the Plan

                  Effectively managing and communicating your clients’ retirement plans is as important as the plan itself. The Procedural Prudence Map™, developed from the RMA® curriculum, provides an actionable roadmap for advisors to boost clients’ confidence in pursuit of their retirement goals. This session is one advisor’s approach, with opportunities to share and discuss best practices.

                  Workshop #8: Improving Retirement Income Outcomes By Embracing Behavioral Finance Best Practices

                  Americans are facing a huge retirement savings shortfall and don’t appear to demonstrate the knowledge level needed to turn their savings into sustainable retirement income as only roughly 25% of Americans near retirement age can pass a basic retirement income literacy quiz. But, it is not just a lack of literacy holding Americans back. Behavioral biases and heuristics like narrow framing and loss aversion are also creating significant roadblocks. Learn how to incorporate best practices around behavioral finance techniques and technology to help achieve better evidence-based retirement outcomes for your clients. This presentation will show you how you can rewire the way your clients think about saving for retirement to spending in retirement.

                  4:30–4:45 p.m.

                  Break with Sponsors and Exhibitors

                    4:45–5:45 p.m.

                    General Session #3: Rethinking Longevity & Retirement

                    It’s more than just the money that determines a successful retirement and this presentation provides unique insight and information to ensure an effective action plan. The LifeSpan, HealthSpan, and WealthSpan aspects of Longevity Planning is creating a shift in thinking about retirement as a completely redefined phase of life—which is also requiring and inspiring the industry to rethink longevity and how to best help people plan their lives!
                     

                    5:45–7 p.m.

                    Reception with Sponsors and Exhibitors

                      Tuesday, December 10

                      Time
                      Session Speakers
                      7 a.m.–12:30 p.m.

                      Registration/Information Desk Open

                        7–8 a.m.

                        Breakfast with Sponsors and Exhibitors

                          8–9 a.m.

                          General Session #4: Keeping the Aging Brain Healthy, Boosting Memory & Lowering Risk for Dementia

                          The statistics are staggering … 47 million people have dementia worldwide and that number is expected to skyrocket to 115 million people by 2050. Recent studies estimate that about a third of dementia is preventable if actionable steps are taken. But what kind of actions? There is so much more to keeping your brain in tip-top-shape and lowering your risk for dementia than crossword puzzles, brain games and Sudoku. Breakthrough research is uncovering surprising, key actionable steps to boost your brain and keep it working better, longer. Hear the scoop on scientifically valid, actionable tips to optimize your brain health and what is just myth, hype and marketing.
                           

                          9–9:10 a.m.

                          Break

                            9:10–10:10 a.m.

                            Workshop #9: RMA Curriculum Workshop—Risk Management

                            Mitigating risks in retirement is a key component of adding value for your clients. This session will examine the risk management approaches developed from the RMA certification curriculum that offer best practices for creating and communicating solutions to your retirement clients. This session is sure to be an eye-opener.

                            Workshop #10: The Future of Advice—Education and Longevity Are Raising the Expectations for Advice

                            The landscape of financial advice has changed dramatically in recent years. Baby boomers, generation X, and millennials, are more educated, more tech-savvy, and more demanding than previous generations. Clients now want financial advice to identify, and help them navigate, what they may confront in middle age and as older adults. Given the new demands these circumstances have created, clients will increasingly seek solutions to what the MIT AgeLab refers to as the “jobs of longevity.” Anticipating and solving for these jobs, often referred to as “longevity navigation” or “longevity management,” presents a new frame of reference regarding what clients need, want, and will ultimately be willing to pay an advisory firm to provide. Based on MIT AgeLab’s insights, this session discusses the evolving context of old age. It reveals which characteristics and services clients might consider valuable in an advisor, translating them into three distinct advisor value propositions: transaction-based, planning-based, and longevity-based.

                            • John Diehl
                              Hartford Funds, Senior Vice President
                            10:10–10:25 a.m.

                            Break with Sponsors and Exhibitors

                              10:25–11:25 a.m.

                              Workshop #11: RMA Curriculum Workshop—Household Balance Sheet

                              The Household Balance Sheet™ is a methodology developed from the RMA curriculum that produces a unique record of clients’ household assets and liabilities, including hard-to-quantify elements such as human and social capital. Join this workshop to discover how this methodology could provide the perspective you need to solve your clients’ unique needs.

                              Workshop #12: Trends in Target Date Fund Asset Allocation

                              Are 2020 Funds About to Repeat What Happened to 2010 Funds in 2008? Because of the zero interest rate policy of the Fed since 2008, many target date funds have chased yield to offset low returns on fixed income and equity exposure in 2020 target date funds is now higher than was the case with comparable 2010 funds in 2008.  We will explore glide path equity risk exposure and examine a few approaches to mitigating downside risk at the target retirement date.

                              11:25–11:35 a.m.

                              Break

                                11:35 a.m.–12:35 p.m.

                                General Session #5: The Story of a Whistleblower and Lessons to Be Learned

                                Richard Bowen incorporates the harrowing story behind Citi and what led to his whistleblowing. With lessons taken from his 35 years of businesses experience, he will give insights into how to both prevent fraud, detect fraud and build an ethical corporate culture. He specifically talks about how to identify breakdowns in internal controls and the varied warning signs which both management and third-party auditors should recognize as indicators of possible unethical behavior.

                                • Richard Bowen
                                  The University of Texas at Dallas, Senior Lecturer II of Accounting
                                2–5 p.m.

                                RMA Exam

                                For RMA candidates that have completed Level 1 and necessary requirements