In today’s dynamic planning environment, many clients have concerns about how their withdrawal strategies will withstand market volatility. However, presenting clients with traditional Monte Carlo-based “Probability of Success” (PoS) metrics can leave clients feeling anxious. PoS declines, often leaving clients with a sense of ambiguity about what those metrics might mean for their financial lives. This webinar explores a more effective and client-centric framework: risk-based guardrails paired with Historical Market Visualization (HiMaV).
In this webinar, Dr. Derek Tharp unpacks the limitations of conventional PoS outputs and demonstrates how guardrails, expressed in terms of dollars, can improve retirement income strategies and communication. Attendees will learn how to structure guardrail thresholds based on portfolio movements, apply dynamic adjustments grounded in personalized Monte Carlo simulations, and overcome common behavioral pitfalls by visualizing long-term strategy outcomes using HiMaV. Using practical examples, this session provides a blueprint for integrating guardrails and HiMaV.
In this webinar, advisors will learn how to:
- Differentiate between traditional Probability of Success (PoS) metrics and risk-based guardrails as communication tools in retirement planning.
- Set and adjust risk-based spending guardrails using Monte Carlo simulations.
- Evaluate the limitations of PoS frameworks and the behavioral advantages of dollar-based guardrails in client communication.
- Analyze the application of Historical Market Visualization (HiMaV) in illustrating long-term retirement spending experiences.
- Assess how risk-based guardrails and HiMaV tools can be used to enhance client trust and improve decision-making under uncertainty.
Accessing the webinar:
You can find your custom link by accessing the email confirmations that have been sent to you via email from webinar.host@bigmarker.com. You can also find your individual sign-on link within the downloadable calendar invite for the webinar.
Continuing Education (CE): 1.5 Credits
For attendees who want to receive CE credit for designations managed by the CFP Board, IWI, and American College, we will report your attendance directly to these organizations within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes.
For attendees who want to receive CE credit as an Investment Adviser Representative (IAR), we will report your attendance directly to FINRA within 72 hours as long as you enter your certification numbers during registration and attend the live session for at least 75 minutes. Additionally, Kitces Members must have purchased the IAR Add-on to have their CE reported to FINRA as an IAR.
For attendees who want to receive CE credit as a Certified Public Accountant (CPA), you must attend the live session for at least 75 minutes and complete all polls presented at the live event. A certificate will be provided to you for self-reporting to NASBA.
All attendees who meet the minimum attendance requirement of 75 minutes will also receive a completion certificate that you can use to report CE to other organizations. We don't report for state-level insurance licensing although some states may accept completion certificates if you self-report.
Recordings:
Non-Members: Those who are NOT Kitces.com Members will have access to the recording for 30 days. Though continuing education is available for the live session, the recording is not CE eligible.
Kitces.com Basic & Premier Members: The video presentation and a recording of the live Q&A will be available on the Webinars page in the Members Section. Note: If you were not able to attend the live session for the full 50 minutes, successful completion of a quiz will be required in order to receive CE for viewing the RECORDED VERSION posted to the Members Section.
