Jim welcomes back Wade Pfau Ph.D. CFA, Professor of Retirement Income at The American College. Professor Pfau discusses eight key messages and themes that have underscored his writing and research. These guidelines serve as a manifesto for his approach to retirement income planning. The first core idea is “Play the long game”. A retirement income plan should be based on planning to live, rather than planning to die. A long life will be expensive to support, and it should be the focus. Fight the impatience that would lead one to choose short-term expediencies carrying a greater long-term cost. There are many efficiencies that can be gained from a long-term focus that can support a higher sustained standard of living for as long as one lives.