Christine Benz, David Blanchett, and Karsten Jeske: The State of Retirement Income

<p>This week we’re pleased to bring you a special “State of Retirement Income” episode, which we recorded live at the annual Morningstar Investment Conference held recently in Chicago, Illinois. For this discussion, we turn the tables on Christine, who is part of an expert retirement planning panel that also includes David Blanchett, managing director and head of retirement research at PGIM DC Solutions, and Karsten Jeske, the founder of Early Retirement Now. Both were guests on past episodes of <i>The Long View</i>.</p><p>In this panel discussion, recorded before a live audience, we delve into a number of retirement-planning topics, including the impact of inflation on spending patterns; the implications of the recent selloff on asset allocation; sequence-of-returns risk; optimal Social Security-claiming practices; the role and importance of guaranteed income sources; and a lot more. Without further ado, please enjoy this special episode of <i>The Long View</i>.</p><p><strong>Background</strong></p><p>“<a href="https://www.morningstar.com/podcasts/the-long-view/78">Karsten Jeske: Cracking the Code on Retirement Spending Rates</a>,” The Long View podcast, Morningstar.com, Oct. 14, 2020.</p><p>Karsten Jeske’s blog, <a href="https://earlyretirementnow.com/">Early Retirement Now</a></p><p>Karsten Jeske’s <a href="https://earlyretirementnow.com/about/">bio</a></p><p>David Blanchett’s <a href="https://www.pgim.com/biography/david-blanchett">bio</a></p><p>“<a href="https://www.morningstar.com/podcasts/the-long-view/21">David Blanchett: If You’re Retiring Now, You’re in a Pretty Rough Spot</a>,” The Long View podcast, Morningstar.com, Sept. 18, 2019.</p><p>“<a href="https://www.morningstar.com/articles/1073054/christine-benz-and-john-rekenthaler-how-much-can-you-safely-spend-in-retirement">Christine Benz and John Rekenthaler: How Much Can You Safely Spend in Retirement?</a>” The Long View podcast, Morningstar.com, Dec. 21, 2021.</p><p><strong>Inflation</strong></p><p>“<a href="https://www.morningstar.com/articles/103129