David Blanchett

PGIM

Prudential Tower

655 Broad Street, 19th Floor

Newark, NJ 07102

United States

SCHOLARLY PAPERS

33

DOWNLOADS
Rank 1,634

SSRN RANKINGS

Top 1,634

in Total Papers Downloads

37,092

TOTAL CITATIONS
Rank 23,138

SSRN RANKINGS

Top 23,138

in Total Papers Citations

50

Scholarly Papers (33)

Actions:
Email selected abstracts
1.

The 4 Percent Rule is Not Safe in a Low-Yield World

Number of pages: 15 Posted: 16 Jan 2013 Last Revised: 17 Jan 2013
Michael S. Finke, Wade D. Pfau and David Blanchett
The American College, The American College for Financial Services and PGIM
Downloads 10,431 (1,152)
Citation 18

Abstract:

Loading...

retirement, systematic withdrawals, 4% rule, safe withdrawal rates

2.

Asset Valuations and Safe Portfolio Withdrawal Rates

Downloads 5,140 ( 3,834)
Citation 3

Asset Valuations and Safe Portfolio Withdrawal Rates

Number of pages: 17 Posted: 28 Jun 2013 Last Revised: 01 Jul 2013
David Blanchett, Michael S. Finke and Wade D. Pfau
PGIM, The American College and The American College for Financial Services
Downloads 5,042 (3,918)
Citation 3

Abstract:

Loading...

retirement, asset valuations, withdrawal rates, Monte Carlo

Asset Valuations and Safe Portfolio Withdrawal Rates

Retirement Management Journal, Vol. 4, No. 1, 2014
Number of pages: 16 Posted: 20 Jul 2023
David Blanchett, Michael S. Finke and Wade D. Pfau
PGIM, The American College and The American College for Financial Services
Downloads 98 (597,266)

Abstract:

Loading...

retirement, withdrawal strategy

3.

Optimal Portfolios for the Long Run

Number of pages: 26 Posted: 06 Sep 2013 Last Revised: 05 Feb 2014
David Blanchett, Michael S. Finke and Wade D. Pfau
PGIM, The American College and The American College for Financial Services
Downloads 4,657 (4,567)
Citation 4

Abstract:

Loading...

time diversification, portfolio choice, stock allocation

4.

Guaranteed Income: A License to Spend

Number of pages: 19 Posted: 13 Jul 2021
David Blanchett and Michael S. Finke
PGIM and The American College
Downloads 4,030 (5,760)
Citation 1

Abstract:

Loading...

Retirement income, annuities, Social Security, personal finance

5.

Retirees Spend Lifetime Income, Not Savings

Number of pages: 21 Posted: 31 Dec 2024
David Blanchett and Michael S. Finke
PGIM and The American College
Downloads 2,156 (15,723)

Abstract:

Loading...

Retirement, Retirement Income, Mental Accounting, Annuitization

6.

Annuitized Income and Optimal Asset Allocation

2018 Academic Research Colloquium for Financial Planning and Related Disciplines
Number of pages: 18 Posted: 23 Sep 2017
David Blanchett and Michael S. Finke
PGIM and The American College
Downloads 1,686 (23,169)
Citation 3

Abstract:

Loading...

7.

Required Retirement Savings Rates Today

Number of pages: 22 Posted: 18 Oct 2016
David Blanchett, Michael S. Finke and Wade D. Pfau
PGIM, The American College and The American College for Financial Services
Downloads 1,300 (34,201)

Abstract:

Loading...

Retirement Savings, Life Cycle Saving, Low Returns, Financial Planning, Household Finance

8.

An Overview of Retirement Income Strategies

Journal of Investment Consulting, Vol. 17, No. 1, p. 22-30, 2016
Number of pages: 11 Posted: 18 Oct 2016
Michael S. Finke and David Blanchett
The American College and PGIM
Downloads 873 (60,186)

Abstract:

Loading...

9.

Delaying Social Security Retirement Benefits: The Bridge to Better Outcomes in Defined Contribution Plans?

Number of pages: 19 Posted: 11 Dec 2022 Last Revised: 29 Dec 2022
David Blanchett
PGIM
Downloads 647 (89,178)

Abstract:

Loading...

10.

The Impact of Employer Defaults and Match Rates on Retirement Saving

Number of pages: 20 Posted: 27 Dec 2021
David Blanchett, Michael S. Finke and Zhikun Liu
PGIM, The American College and Europacifica
Downloads 591 (100,154)
Citation 2

Abstract:

Loading...

Defaults, defined contribution, retirement, employer match

11.

Should Annuities be Purchased from Tax-Sheltered Assets?

Forthcoming in Journal of Financial Services Professionals
Number of pages: 22 Posted: 02 Aug 2019 Last Revised: 05 Aug 2019
David Blanchett and Michael S. Finke
PGIM and The American College
Downloads 585 (101,482)

Abstract:

Loading...

annuities, retirement, personal finance

12.

How Competitive Are Income Annuity Providers Over Time?

Number of pages: 13 Posted: 20 Apr 2021 Last Revised: 24 Apr 2021
David Blanchett, Michael S. Finke and Branislav Nikolic
PGIM, The American College and York University - Department of Mathematics and Statistics
Downloads 528 (115,419)
Citation 1

Abstract:

Loading...

Retirement, Retirement Policy, Annuities, Insurance Companies

13.

Retirement Expectations vs. Reality: Factors that Impact Retirement Decisions

Number of pages: 27 Posted: 28 Jun 2023 Last Revised: 29 Aug 2023
Zhikun Liu, David Blanchett, Qi Sun and Naomi Fink
Europacifica, PGIM, Pacific Life Insurance Company and Europacifica Consulting
Downloads 511 (120,133)

Abstract:

Loading...

Retirement Financial Planning, 401(k) Investment, Financial Decision Making

14.

Spending Elasticity and Optimal Portfolio Risk Levels

Number of pages: 21 Posted: 04 Aug 2022
David Blanchett and Jeremy Stempien
PGIM and PGIM
Downloads 452 (139,301)

Abstract:

Loading...

15.

Sequence Risk: Managing Retiree Exposure to Sequence Risk Through Probability of Failure Based Decision Rules

Number of pages: 36 Posted: 26 May 2011
Larry R. Frank Sr, Larry R. Frank Sr, John B. Mitchell and David Blanchett
Better Financial EducationAcademy of Financial Services, Central Michigan University - Department of Finance and Law and PGIM
Downloads 388 (165,920)
Citation 3

Abstract:

Loading...

Retirement Planning, Adjustable Withdrawal Rates, Sequence Risk, Probability of Failure

16.

The Value of Delayed Social Security Claiming for Higher-Earning Women

Number of pages: 19 Posted: 24 May 2021
Sophia Duffy, Michael S. Finke and David Blanchett
The American College, The American College and PGIM
Downloads 347 (187,740)

Abstract:

Loading...

Social Security, retirement, personal finance

17.

The Effect of Advanced Age and Equity Values on Risk Preferences

Blanchett, D., Finke, M and Guillemette, M. (2018). The Effect of Advanced Age and Equity Values on Risk Preferences. Journal of Behavioral Finance, Forthcoming
Number of pages: 22 Posted: 02 May 2017 Last Revised: 26 Jan 2018
David Blanchett, Michael S. Finke and Michael Guillemette
PGIM, The American College and Texas Tech University - Department of Personal Financial Planning
Downloads 312 (210,699)
Citation 5

Abstract:

Loading...

risk preferences, risk aversion, stock prices, old age, financial planning

18.

An Age-Based, Three Dimensional, Universal Distribution Model Incorporating Sequence Risk

Number of pages: 25 Posted: 24 May 2011 Last Revised: 11 May 2016
Larry R. Frank Sr, Larry R. Frank Sr, John B. Mitchell and David Blanchett
Better Financial EducationAcademy of Financial Services, Central Michigan University - Department of Finance and Law and PGIM
Downloads 302 (218,221)
Citation 6

Abstract:

Loading...

Retirement Planning, Adjustable Withdrawal Rates, Sequence Risk, Probability of Failure, Expected Longevity

19.

The Value of Professional Financial Advice on Investor Behavior During the COVID-19 Pandemic

Number of pages: 16 Posted: 07 Dec 2022 Last Revised: 23 Aug 2023
Michael S. Finke, David Blanchett and Zhikun Liu
The American College, PGIM and Europacifica
Downloads 287 (230,273)

Abstract:

Loading...

Investment Behavior, Retirement, financial advice, defined contribution, COVID-19, defaults

20.

The Benefit of Diversified Guaranteed Income for Retirees: Combining Immediate Fixed and Immediate Variable Annuities

Retirement Management Journal, Vol. 9, No. 1, pp. 23-36, 2020
Number of pages: 16 Posted: 20 Jan 2021
David Blanchett
PGIM
Downloads 271 (244,294)

Abstract:

Loading...

Immediate Fixed Annuities, Immediate Variable Annuities, Retirement Income, Stochastic Utility Model

21.

Fixed Rate Annuities: Are High Returns An Anomaly?

Journal of Investment Consulting, Vol. 22, No. 1, pp. 63-69, 2023
Number of pages: 9 Posted: 19 Dec 2023
David Blanchett and Michael S. Finke
PGIM and The American College
Downloads 268 (247,072)

Abstract:

Loading...

Annuities, Insurance Companies, Investments

22.

Biased Advice? The Relationship Between Financial Professionals' Compensation and Social Security Retirement Benefit Claiming Decisions

Retirement Management Journal, Vol. 12, No. 1, pp. 54-64, 2023
Number of pages: 13 Posted: 07 Mar 2024
David Blanchett and Jason J. Fichtner
PGIM and Bipartisan Policy Center
Downloads 234 (282,942)

Abstract:

Loading...

Social Security claiming, advisor compensation, advisor fees

23.

Who Exhibits Time Varying Risk Aversion?

Number of pages: 46 Posted: 27 Apr 2016 Last Revised: 29 Apr 2016
David Blanchett, Michael S. Finke and Michael Guillemette
PGIM, The American College and Texas Tech University - Department of Personal Financial Planning
Downloads 221 (299,004)
Citation 1

Abstract:

Loading...

Risk Aversion, Time Varying Risk Aversion, Advanced Age, Account Balance, Income, Morningstar

24.

Transition to Old Age (Superannuation) in a 3-D, Age Based, Dynamic, Serially Connected and Annually Recalculated Retirement Distribution Model

Number of pages: 35 Posted: 02 May 2012 Last Revised: 01 Jun 2012
Larry R. Frank Sr, Larry R. Frank Sr, John B. Mitchell and David Blanchett
Better Financial EducationAcademy of Financial Services, Central Michigan University - Department of Finance and Law and PGIM
Downloads 198 (331,683)
Citation 1

Abstract:

Loading...

Retirement Planning, Adjustable Withdrawal Rates, Sequence Risk, Probability of Failure, Expected Longevity, Elderly, Mortality, Age Distribution, Cohorts, Superannuation

25.

Using Confidence and Risk Tolerance to Build Financial Wellness

Number of pages: 26 Posted: 20 Dec 2023
David Blanchett, Sonya Lutter and Sandra J. Huston
PGIM, Texas Tech University - Department of Personal Financial Planning and Texas Tech University
Downloads 154 (414,582)

Abstract:

Loading...

risk tolerance, well-being, financial behavior, psychology of financial planning

26.

Does Advisor Channel Influence Passive Fund Choice?

Number of pages: 19 Posted: 01 Apr 2022
Michael S. Finke, Aron Szapiro and David Blanchett
The American College, Morningstar Investment Management LLC/Morningstar, Inc and PGIM
Downloads 136 (458,575)

Abstract:

Loading...

Investment advisors, brokers, mutual funds, active management, fiduciary

27.

Portfolio Delegation and 401(k) Plan Participant Responses to COVID-19

Downloads 127 (484,554)
Citation 2

Portfolio Delegation and 401(k) Plan Participant Responses to COVID-19

Number of pages: 37 Posted: 15 Jun 2020
David Blanchett, Michael S. Finke and Jonathan Reuter
PGIM, The American College and Boston College - Department of Finance
Downloads 83 (659,910)
Citation 1

Abstract:

Loading...

401(k), target date fund, delegation, robo-advice, COVID-19

Portfolio Delegation and 401(K) Plan Participant Responses to Covid-19

NBER Working Paper No. w27438
Number of pages: 38 Posted: 29 Jun 2020 Last Revised: 22 Jun 2023
David Blanchett, Michael S. Finke and Jonathan Reuter
PGIM, The American College and Boston College - Department of Finance
Downloads 44 (923,455)
Citation 1

Abstract:

Loading...

28.

The Race/Ethnicity Gap in Retirement Plan Participation: More than Just Demographics

Number of pages: 11 Posted: 12 Apr 2024
David Blanchett
PGIM
Downloads 97 (591,498)

Abstract:

Loading...

29.

What Helped DC Participants Stay the Course in 2020?

Retirement Management Journal, Vol. 11, No. 1, 2022, pp. 23-32
Number of pages: 12 Posted: 23 Jan 2023
David Blanchett
PGIM
Downloads 78 (675,480)

Abstract:

Loading...

defined contribution plans, retirement, guaranteed income

30.

My Heart Will Go On: The Retirement Planning Implications of the Widowhood Effect

Retirement Management Journal, No. Vol. 13, No. 1, pp. 60-67, 2024
Number of pages: 10 Posted: 16 Apr 2025
David Blanchett
PGIM
Downloads 45 (893,312)

Abstract:

Loading...

Retirement, Social Security, Widowhood effect, Longevity

31.

The Future of Retirement in the U.S.

Retirement Management Journal, Vol. 5, No. 2, 2015
Number of pages: 4 Posted: 20 Jul 2023
David Blanchett
PGIM
Downloads 40 (939,131)

Abstract:

Loading...

retirement

32.

ESG Fund Allocations Among New, Do-it-Yourself Defined Contribution Plan Participants

The Journal of Retirement, Summer 2023, 11 (1) 56-73 DOI: 10.3905/jor.2023.1.137
Posted: 21 Jul 2022
David Blanchett and Zhikun Liu
PGIM and Europacifica

Abstract:

Loading...

ESG; defined contribution; 401(k) plans

33.

Do Defaults Limit Consumer Response to Rainy-Day Funds? Evidence from 401(k) Participants During the COVID-19 Pandemic

The Journal of Retirement, Fall 2022, 10 (2) 8-19 DOI: 10.3905/jor.2022.1.123
Posted: 18 Nov 2020 Last Revised: 11 Apr 2024
David Blanchett, Michael S. Finke and Zhikun Liu
PGIM, The American College and Europacifica

Abstract:

Loading...

Retirement, defined contribution, defaults