Experts

Sean Klein

Retirement Research

Mr. Klein is an executive vice president on the client management team in the Newport Beach office and heads retirement research at PIMCO. He has conducted commissioned research for the U.S. government and for the Society of Actuaries, and has published research on household retirement savings behavior, investing in private assets, behavioral economics, and the use of neural networks in financial risk modeling. Prior to rejoining PIMCO in 2019, he was head of wholesale stress testing at MUFG Union Bank. Earlier in his career, he headed empirical model development and special consulting services at Kamakura Corporation. Mr. Klein also teaches financial econometrics at the Merage School of Business at the University of California, Irvine. He has 13 years of investment and financial services experience and holds a Ph.D. in economics from the Massachusetts Institute of Technology and a master’s degree in economics from the University of California, Los Angeles.

Investment Strategies

Rethinking Retirement Spending Rules: A Market-Based Approach

12/13/2023

Starting portfolio yields may be a better guide to optimal spending than knowledge of future market returns.

Sean Klein, Georgi Popov

Education

Meet myTDF: A More Precise Path To and Through Retirement

4/28/2023

Target date funds provide an asset allocation that changes over time based on the average participant’s savings profile, which can lead to suboptimal outcomes. PIMCO's myTDF offers a personalized approach to target date funds, allowing for allocations that better suit individual participant needs.

Sean Klein

Economic and Market Commentary

Quick Takes: With Bonds, Higher Rates Can Lead to Higher Returns

3/30/2023

While markets are inherently unpredictable, there is little doubt that rates today are more attractive than they’ve been in a very long time – and increase the appeal of fixed income for longer term investors because they signal higher future returns.

Sean Klein

Investment Strategies

Good News for Retirement Income

3/24/2023

With higher bond yields and stock dividends, we believe retirees could have greater potential to earn income in retirement.

Rene Martel, Sean Klein, Georgi Popov

Economic and Market Commentary

Asset Allocation Implications of Household Diversity

12/20/2022

Erin Browne, Sean Klein

Research

Financing an Uncertain Retirement Part II: Portfolio Construction

7/27/2020

Sean Klein

Research

Financing an Uncertain Retirement Part I: Spending Strategies

7/27/2020

Sean Klein

Research

Optimal Asset Allocation, Asset Location and Drawdown in Retirement

3/3/2020

Assessing the impact of tax deferral and municipal bonds on retirement income generation.

Sean Klein

Economic and Market Commentary

Seven Lessons in Liquidity

2/25/2020

Jamil Baz, Josh Davis, Lloyd Han, Sean Klein

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