- Essential Recurring
- Non-Essential Recurring
- Essential Non-Recurring
- Non-Essential Non-Recurring
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.
Wednesday, January 16, 2019
Expand Your Spending Categories in 2019 for Better Personal Retirement Budgeting & Planning
To help you develop a more robust spending budget and facilitate your retirement planning, we encourage you, in this post, to consider allocating your spending in retirement to a minimum of the following four categories:
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