Developing and maintaining a robust financial plan in retirement is a classic actuarial problem involving the time-value of money and life contingencies. This problem is easily solved with basic actuarial principles, including periodic comparisons of household assets and spending liabilities.
Saturday, October 7, 2017
Nice Review of The Actuarial Approach in The Globe and Mail
Thanks to Ian McGugan, reporter with The Globe and Mail’s Report on Business, for his complementary review of the Actuarial Approach in his article of October 3, 2017. And even though we tend to be a little too U.S. centric in our posts, it is important to note that the Actuarial Approach will work just fine for our nice neighbors up north.