8000 Days, Insight from the MIT AgeLab | John Diehl CFP, CLU, ChFC

Session: 10:20 AM

Session Description

A person with a college education and good income is now likely to live into their 80s. Their life can be divided into four periods averaging roughly 8,000 days each. Birth to college graduation is about 8,000 days. College graduation to midlife at about 46 years old is another 8,000 days. Midlife to the retirement age of 66 is another 8,000 days. And, add about another 8,000 days for retirement itself. Retirement planning hasn’t caught up to the realities of an 8,000-day retirement; the script hasn’t been written for the last 8,000 days. Learn MIT insights to help clients prepare for the 8,000-day retirement and reduce the stress of uncertainty and boost prolonged independence and control in the life so many wish to lead tomorrow.

Learning Objectives

  • Teach advisors how to anticipate what investors will face in retirement—whether that’s Day 7, Day 362, or Day 3,459
  • Convey how to co-create a story in which people can realistically see themselves as the main character
  • Learn how to maintain core competency and value as a financial expert, but evolve to serve as a curator of a yet largely uncharted life phase of 8,000 days
  • Help investors understand that planning for what they’ll do in retirement can be as important as planning for what retirement will cost
  • Learn the four phases of an 8,000 day retirement and the key issues investors can face in each phase

Speaker Bio

John Diehl, CFP®, CLU, ChFC, Senior Vice President of Strategic Markets, Hartford Funds

John Diehl is senior vice president of Strategic Markets for Hartford Funds. He and his team are responsible for engaging and educating financial advisors and their clients about current and emerging opportunities in the financial-services marketplace. These opportunities range from tactical strategies in areas such as retirement-income planning, investment planning, and charitable planning, to anticipating and preparing for long-term demographic and lifestyle changes. John also oversees Hartford Funds’ relationship with the Massachusetts Institute of Technology AgeLab. John joined the company in 1988 and was promoted to assistant vice president in 1991 and vice president in 1997. He was named senior vice president in 2007, while he led the Retirement and Wealth Consulting Group, which was responsible for building awareness and knowledge of retirement challenges and the latest planning strategies to address them. In 2012, John was named senior vice president, Strategic Markets; in this role, he devotes his efforts to serving the needs of financial advisors and their clients. John has been widely quoted in consumer and trade publications such as The Wall Street Journal, Financial Planning, and On Wall Street. He has also appeared as a featured guest on CNBC and Bloomberg Television to discuss his views on retirement-related topics. John attended Moravian College in Bethlehem, Pennsylvania, where he earned a bachelor’s degree in economics. He has been a CERTIFIED FINANCIAL PLANNER™ (CFP®) since 1991. In addition, he holds the Chartered Financial Consultant (ChFC®) and Chartered Life Underwriter (CLU®) designations. He is also FINRA Series 6, 7, 63, and 26 registered and holds a life and variable insurance license.