Ken Dychtwald: Pandemic Will Force Big Changes in Retirement Planning
May 13, 2020 by Jane Wollman Rusoff
The coronavirus pandemic is a shocking “intervention” whose biggest impact will show up in retirement planning: The crisis has forced older people to consider the importance of matching health span to life span and think about aspiring to a more streamlined lifestyle, argues Ken Dychtwald, founder and CEO of Age Wave.
The “Pitchman for the Graying Revolution,” as Fortune Magazine dubbed him, psychologist and gerontologist co-founded Age Wave in 1986 to help companies and government develop strategies to serve the fast-growing aging population.
In the interview, Dychtwald, 70, discusses why only a small portion of retirees — most of them in a quandary over financial planning — have financial advisors.
For one, he says, there’s the question of trustworthiness, which needs to be “resolved.”