AtlasShrugged
Recycles dryer sheets
- Joined
- Sep 10, 2015
- Messages
- 105
I'm curious as to what the consensus thinking is on Michael Kitces and Wade Pfau in this forum. Useful advice or not? What's your opinion?
Consensus and forum are two words that are not often found in the same sentence.I'm curious as to what the consensus thinking is on Michael Kitces and Wade Pfau in this forum. Useful advice or not?
What's yours?What's your opinion?
I read and respect both. Although I don't always agree with them, I would say that both influence my thinking on financing retirement.
I'm curious as to what the consensus thinking is on Michael Kitces and Wade Pfau in this forum. Useful advice or not? What's your opinion?
Kites seems very practical and well grounded. He challenges conventional wisdom and really tests assumptions, often finding a flaw. And he has done this with Pfau's work resulting is some pretty good joint papers.
Pfau is kind of academic with what seems to be a strong pro-annuity bias. His assumptions in creating what-if scenarios to model often result in annuities looking quite good. But when you look at the conditions/assumptions you sometimes scratch your head - overly conservative or harsh.
I see Kitces as a great resource and study his papers carefully if it's a topic of interest. Pfau's I take with a large grain of salt.
I read and respect both. Although I don't always agree with them, I would say that both influence my thinking on financing retirement.