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Retirement Management Journal - Volume 14, Number 1, 2025

Visionaries Series Interview: Zvi Bodie, PhD

Retirement Planning in a Lifecycle Framework
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Economist Zvi Bodie joins Robert Powell and Margaret Towle to discuss what modern finance science means for retirement planning. The conversation covers lifecycle frameworks, the difference between real and nominal cash flows, and why outcome and wealth are not the same thing, a distinction with real consequences for how retirement is planned and measured.
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About the Retirement Management Journal

The peer-reviewed Retirement Management Journal promotes academic research and innovative thinking across the world of retirement-income planning and management, elevating topics directly related to the Retirement Management Advisor® (RMA®) curriculum. Each issue features a Visionaries Series interview with retirement planning authorities and experts from industry-leading firms.