This module begins with investment strategies, and how to implement them in a manner that allows your clients to reach the goal of retirement. It discusses the importance of strategy and explains several different, useful strategies. The explanations provided in this module are more general than detailed. You will nevertheless see their general frameworks, and you can refer to the references at the end of the module for sources of further reading.

Many strategies seem intuitively sensible, but we should always look for empirical evidence of their value. Fortunately, modern financial scholars have tested these strategies, and the findings of many of those tests are presented on the pages that follow.

Because time horizons are so important in investing, the next section of material presents basic time value of money concepts and applications. The planner must recognize the key considerations related to retirement cash flow in order to help clients prepare for retirement.

Complexity Level: Advanced