Associate Editors


Benjamin F. Cummings, Ph.D., Saint Joseph's University

Dale L. Domian, Ph.D., CFA, CFP, York University
Michael S. Finke, Ph.D., CFPTexas Tech
Joseph W. Goetz, Ph.D., University of Georgia

Michale A. Guillemette, Ph.D., University of Missouri

Clinton Gudmunson, Ph.D., Iowa State University
Sherman Hanna, Ph.D., The Ohio State University
George W. Haynes, Ph.D., Montana State University
Douglas A. Hershey, Ph.D., Oklahoma State University

Karen Eilers Lahey, Ph.D., The University of Akron

Douglas Lamdin, Ph.D., University of Maryland Baltimore County

Jean M. Lown, Ph.D., Utah State University

Angela C. Lyons, Ph.D., University of Illinois

Ruth Lytton, Ph.D., Virginia Tech

Lew Mandell, Ph.D., University of Washington

Carolyn McClanahan, MD, CFP, Life Planning Partners

Yoko Mimura, Ph.D., California State University, Northridge

Robert W. Moreschi, Ph.D., RFC®, Virginia Military Institute

Ed Morrow, CLU, ChFC, RFC®, IARFC

David Nanigian, Ph.D., Mihaylo College at CalState Fullerton

Barbara M. O'Neill, Ph.D., CFP, CRPC, CHC, CFCS, AFCPE, Rutgers

James Taggert, Ph.D., Taggert Consulting

Jing Jian Xioa, Ph.D., University of Rhode Island

Rui Yao, Ph.D., CFP, University of Missouri

Tansel Yilmazer, Ph.D., CFP, The Ohio State University

Yoonkyung Yuh, Ewha Womans University Seoul, Korea

Co-Editors

Wade D. Pfau & Walt Woerheide


Wade D. Pfau, Ph.D., CFA, RFC® - is a Professor of Retirement Income in the new Ph.D. program for Financial and Retirement Planning at The American College in Bryn Mawr, PA. Blog: Maximizing the Combined After-Tax Value of IRAs and Roth IRAs.


Walt Woerheide, Ph.D., ChFC®, CFP®, RFC®, has been at The American College for 14 years, and served as VP of Academics and Dean for 12 of those years. He holds the Frank Engle Distinguished Chair in Economic Security Research and is a Professor of Investments. Dr. Woerheide earned his Ph.D. and M.B.A. degrees from Washington University, and has a B.A. from Brown University.

Editorial Policy


It is the editorial policy of this Journal to only publish content that is original, exclusive, and not previously copyrighted.


The Journal of Personal Finance (ISSN 1540-6717) is published in the U.S.A. biannually in the months March and October by the International Association of Registered Financial Consultants (IARFC), 2507 North Verity Parkway, Middletown, OH 45042-0506.


The Journal of Personal Finance is distributed electronically to the IARFC membership at no extra charge. Printed copies are available on demand and sold individually on the IARFC webstore to IARFC Members at $25ea. and Non-Members at $35ea. prices are subject to change.

Journal Editorial Board