The American College of Financial Services to Host Housing Wealth in Retirement Symposium

PR Newswire

BRYN MAWR, Pa., March 19, 2018 /PRNewswire/ -- The American College of Financial Services announced today that it will be hosting the 2018 Housing Wealth in Retirement Symposium on March 23, 2018 at the Washington D.C. Conference Center in Washington, D.C.

The Funding Longevity Task Force at The American College and the Bipartisan Policy Center are co-sponsoring this event to facilitate collaboration among stakeholders – including regulatory agencies, NGOs, and the financial services community – to address the underutilization of housing wealth in retirement. The symposium will feature thought leaders with a variety of perspectives, including:

James B. Lockhart III, Co-Chair of the Bipartisan Policy Center's Commission on Retirement Security and Personal Savings
J. Mark Iwry, JD, Nonresident Senior Fellow in Economic Studies at The Brookings Institute
Laurie Goodman, PhD, Founder and Co-Director of the Housing Finance Policy Center at The Urban Institute
Lori Trawinski, PhD, CFP, Director of Banking and Finance at AARP
Deborah J. Lucas, PhD, Director of the MIT Golub Center for Finance and Policy
Wade Pfau, PhD, CFA, Professor at The American College of Financial Services

The Funding Longevity Task Force Founder and Chair, Shelley Giordano, helped design the Symposium to "foster engagement across disciplines. Retirement income security is top of mind for such a breadth of organizations that we wanted to bring them together to explore the best possible policy and product as well as discuss the appropriate consumption of housing wealth in retirement."

Shai Akabas, Director of Economic Policy at the Bipartisan Policy Center, states that the 2016 report from BPC's Commission on Retirement Security and Personal Savings set the stage for policymakers to consider ways to help Americans preserve home equity for use in retirement. He said, "With housing wealth the largest source of savings for many retirees, it's time to re-examine the ways in which home equity can contribute to retirement security. Congress and the administration should lead the way on this issue."

Jamie Hopkins, Retirement Income Program Co-Director at The American College, notes that "the retirement industry is constantly evolving as policy, the economy and consumer needs change around it, but one of the steady trends that has occurred over the past several years is a lack of understanding among retirees about their homes as an asset. Since a home is one of the largest and most carefully-planned purchases a person will ever make, it is crucial for financial planners and their clients to know how to factor it into their retirement planning, just as it was a major financial consideration in their younger years."

To learn more about the event please visit https://events.bizzabo.com/2018HousingAndRetirement/home

For background, visit
https://bipartisanpolicy.org/library/retirement-security/
http://fundinglongevitytaskforce.com/

About The American College of Financial Services
The American College of Financial Services was founded in 1927 and is the nation's largest non-profit educational institution devoted to financial services. Holding the highest level of academic accreditation, The College has educated one in five financial advisors across the United States and offers prestigious financial planning designations such as the Retirement Income Certified Professional^® (RICP^®), Chartered Life Underwriter^® (CLU^®), Chartered Financial Consultant^® (ChFC^®) and education leading to the Certified Financial Planner™ (CFP^®) certification. The College's faculty represents some of the foremost thought leaders of the financial services profession. For more information, visit TheAmericanCollege.edu.