Sunday, May 10, 2015

Brief Explanation of How to Use the Actuarial Approach, Revised

The June, 2014 explanation of how to use the Actuarial Approach has been revised to incorporate necessary adjustments to the general process for those retirees who want to “front-load” their spending budgets instead of developing a spending budget that is expected to remain constant in real dollar terms from year to year.  Here is a link to the revised explanation.