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.
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Monday, July 15, 2024
Good Time to Check Your Client’s Funding Buckets
Be sure to read our latest Advisor Perspectives article about the “buckets” used to fund essential and discretionary expenses in retirement under the Actuarial Approach.