Michael Falk: 'Retirement Planning Can Be Done More Simply'

<p>Our guest on the podcast today is Michael Falk. Falk is a partner at the Focus Consulting Group, where he specializes in helping investment and wealth management firms with investment decision-making, strategic planning, and succession. Previously, he was a chief strategist at Global Macro LP and a chief investment officer in charge of manager due diligence and asset allocation for a multi-billion-dollar advisory practice. Falk has authored or coauthored several books, including <em>Let's All Learn How to Fish To Sustain Long-Term Economic Growth</em>, <em>Get to Work on OUR Future</em><span>, </span>and <em>Money, Meaning, and Mindsets</em>. He is a frequent public speaker and is also a CFA charterholder. </p></p><p><p><strong>Background</strong><br /></p><p><a href="https://www.linkedin.com/in/mlfalk/" target="_blank">Bio</a></p></p><p><p><a href="https://www.amazon.com/Learn-Sustain-Long-Term-Economic-Growth/dp/1944960058/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1629749271&sr=1-1" target="_blank"><em>Let's All Learn How to Fish … To Sustain Long-Term Economic Growth</em></a>, by Michael Falk</p></p><p><p><a href="https://www.amazon.com/Get-Work-Future-Michael-Falk/dp/1704375827/ref=sr_1_2?dchild=1&keywords=michael+falk&qid=1629749366&s=books&sr=1-2" target="_blank"><em>Get to Work … On OUR Future</em></a>, by Michael Falk</p></p><p><p><a href="https://www.amazon.com/Money-Meaning-Mindsets-Investment-Industry/dp/154710175X/ref=sr_1_5?dchild=1&keywords=michael+falk&qid=1629749366&s=books&sr=1-5" target="_blank"><em>Money, Meaning, and Mindsets: Radical Reform for the Investment Industry</em></a>, by Michael Falk</p></p><p><p>"<a href="https://www.morningstar.com/podcasts/the-long-view/116">Jason Zweig: Temperament Is Everything for Most Investors</a>," <em>The Long View</em> podcast, Morningstar.com, June 29, 2021.</p></p><p><p><strong>Retirement and Target-Date Funds</strong><br /></p><p>"<a href="http://www.focuscgroup.com/wp-content/uploads/2020/02/Psychological-Safety-and-Career-Risk-in-the-Investment-Mana