Society of Actuaries Committee on Post Retirement Needs and Risk
While mostly focused on providing pre-retirement planning information for
"actuaries and other professionals with an interest in modeling and conducting
research regarding individual financial risks and needs after retirement", this
site does contain some useful information for individuals who are trying to
develop a budget in retirement.
While some retirees may find recent articles
regarding "middle market retirement strategies" somewhat unfocused and
confusing, some of the earlier material, particularly several of the issue
briefs contained in the "Managing Retirement Decisions" are understandable and
The committee makes excellent points in their
material regarding the importance of planning for "shocks", such as unexpected
health problems or entering a nursing home. In addition, some of their
material discusses the use of home equity to supplement income in retirement.