July 2024
Advisor Perspectives
Good Time to Check Your Clients’ Funding Buckets
April 2024
Advisor Perspectives
Planning Future Spending Changes
February 2024
Advisor Perspectives
Social Security’s Deterioration and Implications for Future Reform
July 2023
Advisor Perspectives
Applying the Actuarial Process to Retirement Planning
March/April 2023
Contingencies Magazine - Letters to the Editor
Look to Congress, Not Demographics, For Social Security’s Challenges
February 2023
SOA Research Institute
Planning for Inflation in Retirement
February 2023
Advisor Perspectives
Focus on Client Funded Status, not Probability of Success
December 2022
Advisor Perspectives
Three Strategies to Strengthen Household Balance Sheets
November 2022
Advisor Perspectives
Five Steps to Help Your Retired Clients
February 2022
Including Non-Financial Assets in a Client’s Allocation
November 2021
Alliance for Lifetime Income
A New Approach To Building A Sustainable Retirement Plan Using Proven Actuarial Principles
August 10, 2020
Advisor Perspectives
How to Fix Retirement Planning Models
May 29, 2020
Comment on DOL Lifetime Income Stream Equivalent Disclosure under the SECURE Act
May 2020
Society of Actuaries
Managing “Black Swan” Stock Market Risks in Retirement
September 2, 2019
Advisor Perspectives
An Actuarial Process for Better Decisions in Retirement
November 19, 2018
Advisor Perspectives
Better Budgeting with an Actuarial Approach
May 12, 2018
Think Like an Actuary to Help Achieve Your Personal Financial Goals
(see post of May 12, 2018 for additional discussion).
May 29, 2017
Advisor Perspectives
A Proven Way to Budget Clients’ Spending
(originally titled "Give Your Retired Clients Another Data Point Each Year to Help Them Make Better Financial Decisions")
April 28, 2017
Society of Actuaries’ Financial Wellness Collection
The Society of Actuaries has released the 2017 Financial Wellness Collection.
The selection committee awarded our entry, “Using Sound Actuarial
Principles to Enhance Financial Well Being” a third prize. Readers may
find these essays to be of interest.
March 7, 2017
Advisor Perspectives
The Consequences of Overestimating Retirement Expenses
November 11, 2016
Advisor Perspectives
The Only Withdrawal Plan You Will Ever Need
May 2016
Society of Actuaries
Using Sound Actuarial Principles to Better Manage Retirement Finances
September 7, 2015
Advisor Perspectives
Think Like an Actuary to Become a Better Advisor
May/June 2015
Contingencies
Lookto the North For a Better Approach to Financing Social Security
February 2014
A Better Systematic Withdrawal Strategy--The Actuarial Approach
This article (published in Volume 13 Issue 2 of the Journal of Personal Finance, p. 51)
sets out a relatively simple process to help you determine how much of
your available retirement resources you can spend each year, which we
call your “annual spendable amount" (or spending budget). Some readers
may find the original article submitted to the Journal in February, 2014 to be easier to read.
This actuarial approach involves performing an annual valuation of
assets and liabilities (the present value of future withdrawals) using
deterministic assumptions about future experience and one of the
spending calculator spreadsheets below. An algorithm is then applied
each year to smooth variations in assets or liabilities resulting from
actual experience or changes in assumptions.
May 2013
Comments on DoL proposal: benefit statements
March 2010
Self-Insuring Your Retirement? Manage the Risks Involved Like an Actuary
Original Article Describing Spend-Down Process and How to Use Spending Calculators
1984
Social Security--There Will Be No Long-Term Solvency With Pay-As-You-Financing
