BIOGRAPHY

In 2013, Investment News named Wade Pfau one of the “20 people expected to shape the financial advisory industry.” Since then, IN has named him to their lists of industry leaders every year, most recently on their list of “Icons & Innovators” of the financial industry in 2016. He has been recognized with numerous other honors, including sharing the 2012 Academic Thought Leadership Award from the Retirement Income Industry Association for his work evaluating outcomes of different retirement strategies.

Wade D. Pfau, Ph.D., CFA, is a Professor of Retirement Income in the Ph.D. program for Financial and Retirement Planning at The American College in Bryn Mawr, PA. He also serves as a Principal and Director of 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 monthly columnist for Advisor Perspectives, a RetireMentor for MarketWatch, a contributor to Forbes, and an Expert Panelist for the Wall Street Journal.

Wade was born in suburban Detroit in 1977 and lived there until he was 15. He then moved to Des Moines, Iowa, where he graduated from East High School in 1995. From 2003 to 2013, Wade lived in Japan, where he worked with the National Graduate Institute for Policy Studies and published a landmark paper challenging the 4 percent rule.

Wade has recently published a new book, “Reverse Mortgages: How to use Reverse Mortgages to Secure Your Retirement”, discussing how reverse mortgages—when used correctly—can provide an added layer of security for retirees and allow them to enjoy retirement more by gaining liquidity from an illiquid asset.

Wade's Latest Contribution