Friday, November 14, 2014

100th Post--Nice Write-Up of the Actuarial Approach in the Toronto Globe and Mail

Time for a brief celebration!  This is our 100th post in our ongoing effort to help retirees develop a spend-down strategy for their self-managed assets as part of an overall process of developing an annual spending budget in retirement.  As we approach the end of 2014, I remain just as convinced as I was in 2010 with post #1 that the Actuarial Approach recommended in this website represents a better systematic withdrawal strategy than most approaches that are commonly used.

And what better way to celebrate than to have a reporter say some nice things about what we are doing.   Read Ian McGugan's recent article in the Globe and Mail.

Mr. McGugan took such an interest in the spreadsheet tool recommended in this website for determining a spending budget in retirement (Excluding Social Security V 2.0) that he kindly offered to write a "less actuarial" explanation of it.  Click here to see Mr. McGugan's nice write-up. Thanks Ian.

Our 100th Post celebration must also include special thanks to my buddy, Kin Chan, for his assistance with managing the website and pointing out all the sentences that don't make any sense.