Monday, August 12th
Midnight Pacific Standard Time
Discover your retirement income style and choose the retirement plan that is right for you.
Join our Retirement Income Style Awareness™ research group
What is the RISA
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The RISA™ brings to light your retirement income style and then measures your style preferences against the various retirement income solution sets and identifies the best fit according to your style. There is no single right plan for everyone. Only the one that is right for you. Get this alignment correct and you give yourself the best chance for retirement success.
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Does this sound familiar?
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Have you ever found yourself looking at your financial situation and wondered why something just feels off?

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Do you regret your portfolio allocation?

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Do you question your individual holdings?

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Do you second guess previous financial decisions?

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Or have you been sitting on the fence knowing that you have a financial decision to make but you are hesitant to move forward because something about it doesn’t feel quite right.

Well, you’re not alone.
We’ve seen these scenarios play out quite often. There is usually a misalignment with your retirement planning style and the options you were presented with, and this misalignment will hurt your ability to enjoy a successful retirement or worse yet- it may even lead to failure.
Sadly, failure in retirement does not come with a re-do button.
The good news
There is no one road to retirement success. There are many paths to a successful retirement income plan. The best way for you largely depends on implementing a plan that best fits your retirement income style.
The bad news:
There is nothing out there created to assess your retirement income style and how it aligns with available financial solutions. Odds are that you will most likely adopt the advice from whatever book you read or what a personal trusted friend was suggesting at the time.
The Solution!
Retirement Income Style Awareness™
Our Retirement Income Style Awareness™ tool better helps you identify your style and the potential investment and planning solutions that converge with it. This will allow you to implement a plan with the confidence and clarity you need. There will be no more jumping from strategy to strategy, losing time and assets. Once you have erased your anxieties, you can follow your plan effectively since it will feel just right and reach your retirement goals.

Understanding your primary retirement income style can help lead you to the retirement income solutions that resonate with you.

Are you primarily focused on your investment portfolio’s overall value or are you primarily focused on your portfolio’s ability to provide a steady stream of income in retirement? 


As you can imagine, favoring one option versus the other begins to bring to light factors of your retirement income style.

We’ve identified over eight factors that when analyzed together form your retirement income style.

The RISA™ is an assessment platform that brings the best that psychology and financial planning have to offer as it relates to your retirement income views.

Be part of the movement
Earlier in the year we launched the RISA™ to great success. Our participation rate was over 10 times our initial expectations. We have incorporated the initial feedback, and we are ready to continue the next phase of the RISA™ development.
We are in the final stages of our research study and will soon be closing it to new participants!
Joining is simple – click the button below and sign up for access to the questionnaire. You will automatically receive an email with login information.
What's in it for me?

We will collect everyone’s answers and analyze them to further ensure that the RISA™ is working as intended and conforms to our expectations.

We will then release the final version of the RISA™ in the Fall and YOU will be invited to participate in the final version for free, as a thank you.

Upon completing the final version, we will provide you with a report indicating your retirement income style and the solution sets that best fit your style.

This will provide a nice sounding board for your current plan, and if you don’t have a formal plan, the RISA will get you started in the right direction.

Alex Murguia, Ph.D.

Hi, I’m Alex and welcome to our research study. I know you will find it valuable but first I’m sure you want to “who am I to be running this?”

That’s a great question so here goes…. I graduated from The George Washington University with a doctorate in Psychology. I was a successful student as I received a research grant as a fellow for the National Institutes of Health. It is here where I learned the foundation of what a scientist-practitioner was all about.

Upon graduating though, my research interests evolved to investments, and I sought a formal career in the financial industry. Staying true to my scientist-practitioner mindset, I joined McLean Asset Management and was able to publish a number of articles, and one went on to win a fancy award too! I also, founded a financial planning software company with Wade to better serve the industry and our underlying clients.

And now, Wade and I have decided to focus our efforts on the RISA™. We are extremely excited about its potential to impact your lives for the better.

What else?

I’m as of this writing 47 years-old. I live with my wife, Kristi. We have three boys, a wild bunny running around in our backyard, and a dog named Mandy.

Now here is the “just the facts version” for those of you that want to get right to it.

Alex Murguia, Ph.D. is the CEO of Retirement Researcher and Managing Director of McLean Asset Management. He has written in numerous industry journals such as the Journal of Financial Planning and has been recognized nationally for his work. He has also been interviewed and quoted for his thoughts about retirement, financial technology and wealth management in various industry and widely distributed publications such as the New York Times and the Wall Street Journal and is a frequent speaker at various industry conference. He has also founded a financial planning software used across the industry.

Wade Pfau, Ph.D., CFA
Wade D. Pfau, Ph.D., CFA, is the director of the Retirement Income Certified Professional designation and a Professor of Retirement Income at The American College of Financial Services in King of Prussia, PA. As well, he is a Principal and Director for McLean Asset Management. He holds a doctorate in economics from Princeton University and publishes frequently in a wide variety of academic and practitioner research journals on topics related to retirement income. He hosts the Retirement Researcher website, and is a contributor to Forbes, Advisor Perspectives, Journal of Financial Planning, and an Expert Panelist for the Wall Street Journal.  He is the author of the books, How Much Can I Spend in Retirement? A Guide to Investment-Based Retirement Income Strategies, and Reverse Mortgages: How to Use Reverse Mortgages to Secure Your Retirement.
FAQ
How do I get started?
Simply click Join Now and fill out the sign up form. Upon doing so, you will be automatically redirected to the RISA™ portal where you can begin the survey. You will also receive an email to return to the RISA™ if you do not finish it in one sitting.

How long does it take?
The RISA™ will take approximately 60-80 minutes to complete. While you can save and come back to it, we recommend you attempt to finish it in one sitting.
Do I need any financial statements?
No. The RISA™ measures your retirement income preferences, your attitudes towards various general financial strategies, and your financial decision-making process.

What level of knowledge do I need?
The RISA™ is designed to be taken by anyone with retirement income concerns. There is no required level of investment knowledge needed to effectively answer the survey questions.

Who is it applicable for?
The RISA™ is applicable to anyone with retirement income concerns. It is not age-specific.
Can I invite others, like my spouse, to take the RISA™?
Absolutely. At the end of your survey you will be given a link that will ask you to pass on the RISA™ to whomever you think will benefit from it.

We strongly encourage you and your spouse, or long-time partner, to take the RISA™. Your answers will be consolidated in the final RISA™ report and this should provide great insight into your individual and aggregate retirement income style.

How did we use your feedback from phase one earlier in the year to refine the RISA™?

First, we divided the initial questions, over 800 of them, by their factors and ordered them based on your ranking of each question. We then rewrote many of the questions based on your feedback regarding overall clarity and relevance to the topic. And only then, did we select the very best questions from each of our factors. We reduced the number of questions by over half and have readied them for the next phase of the study. In addition, behind the scenes, Wade Pfau, Bob French, and myself (Alex Murguia) began analyzing and hypothesizing how your profiles can be turned into retirement income recommendations.

Again, I can’t stress enough what a great experience this has been. Many times, researchers get lost in their own echo chamber. Well, I can’t tell you how exciting it is to be working on a collaborative project with our Retirement Researcher membership.

Is the data I provide Retirement Researcher anonymous? What will Retirement Researcher use the data I provide for?

At Retirement Researcher, we take your privacy very seriously. While we need your personal information (Name, Email etc.) to know who is taking the survey in order to provide each user their individual results and to grant users access to our portal, Retirement Researcher's use of your personal data is kept anonymous for the purposes of our RISA™ investigation. In other words, we will be using the data provided to us for purposes of the study, and will not include any personally identifiable information in our study or in the aggregate results that may be made public upon the completion of the study.

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