October 20, 2019
Good News/Bad News—We Have Changed Our Default Assumptions for 2020 Spending Budget Calculations
October 8, 2019
Developing a Reasonable Spending Budget—Monte Carlo Modeling vs. Actuarial Approach
September 25, 2019
Who Will be Responsible for Your Retirement?
August 25, 2019
Is $1 Million of Savings Enough?
August 25, 2019
Recommended Financial Planning Process for Retirees and Near-Term Retirees
August 6, 2019
Make Sure Your Retirement Plan Properly Funds Your “Lumpy Expenses”
July 23, 2019
July 9, 2019
Ok Retirees, Now May be a Good Time to Shore Up Your Floor Portfolio
July 5, 2019
Better Budgeting with “Actuarial Budget Buckets”
June 15, 2019
Establishing Dedicated Asset Reserves to Fund Different Types of Retirement Expenses
June 8, 2019
Will Actuaries Miss the Boat Again on Social Security?
May 26, 2019
Forecasting Future Investment Returns
April 26, 2019
April 12, 2019
Crunching the Numbers on Pension Lump Sums—Part II
April 10, 2019
Building Your Floor Portfolio with Extra Low-Risk Investments
March 16, 2019
There Are No Guarantees if You Self-Insure Your Retirement—Part 2
February 26, 2019
How Much of Your Retirement Assets Should be Allocated to Your “Floor” and “Upside” Portfolios?
February 24, 2019
You Need to be Flexible and Have a Plan to Win the Retirement Game
February 21, 2019
300th Post—We’ve Added a Smoothing Tab to the Actuarial Budget Calculators (ABC’s) for Retirees
February 12, 2019
Pension Actuaries to Discuss Solutions to the Lifetime Income Challenge
February 7, 2019
January 16, 2019
Expand Your Spending Categories in 2019 for Better Personal Retirement Budgeting & Planning
March 30, 2017
What?s in a Name? That Which We Call the Actuarial Approach?
March 26, 2017
Hey Millennials, How Much of Your Pay Should You Be Saving?
March 20, 2017
You Can Spend It Now or You (or Your Heirs) Can Spend It Later ? Part II
March. 12, 2017
The Actuarial Approach?Much More Than Just a Measure of Where You Stand Financially
March 9, 2017
The Consequences of Overestimating Retirement Expenses
March 5, 2017
Actuarial Approach with a Different Name
February 23, 2017
The Actuarial Approach and the Importance of Ongoing Financial Planning
February 4, 2017
Five Ways to Increase Your Near-Term Spending, Part II
February 2, 2017
Avoiding Financial Regret about Retiring Too Early
January 29, 2017
Why the Actuarial Approach Works Even Better
January 21, 2017
How Much Retirement Savings Will You Need to Feel Financially Secure?
January 12, 2017
Another Call for a Paradigm Shift in Retiree Spending Budget Thinking
January 8, 2017
4 Keys to Winning the Financial Security Game
January 3, 2017
How Did You Do Last Year?
January 2, 2017
Recommended Smoothing Approach for Actuarially Calculated Spending Budget in Retirement
December 21, 2016
Warning Labels Needed for Systematic Withdrawal Plans (SWPs)?
December 16, 2016
Thank You, Bud
December 15, 2016
Johnson?s Social Security Reform Proposal Will Require Millennials to Save 4% More of Their Annual Pay, on Average, to Replace Benefit Reductions
December 10, 2016
We Have New and Improved Actuarial Budget Calculator (ABC) Workbooks
November 23, 2016
Why is the American Academy of Actuaries Painting Such a Rosy Picture of Social Security?s Long-Term Financing Problems?
November 20, 2016
Using Multiple ?Data Points? to Determine How Much You Should Spend
November 14, 2016
Deferring Commencement of Social Security Benefits is Ok, Deferring Retirement is Better? Part II
November 7, 2016
Pension Actuaries Discuss Best Ways to Employ Assets to Mitigate Risks in Retirement
November 4, 2016
You Want Software that Models the Effect on Your Retirement Spending Budget of Assuming Different Rates of Future Increases for Multiple Expense Categories? We?ve Got It!
October 31, 2016
Is it Time for a 2016 Spending Check?
October 27, 2016
Focus on Your Spending Budget in Retirement; Not How Much You Can Withdraw from Your Investment Portfolio
October 12, 2016
Development of Betsy?s Pre-Retirement Spending/Savings Budget
October 2, 2016
We?ve Updated the Present Value Calculator and Added a New Member to Our Team
September 29, 2016
How Much Do You Really Need to Save Each Year to Achieve Your Financial Goals?
September 22, 2016
Got Those ?Conflicting Social Security Deficit Estimate? Blues Again
September 4, 2016
Recommended Assumed Annual Rate of Investment Return Lowered Again
August 20, 2016
Planning for Constant Real-Dollar Spending in Retirement ? Is It Setting the Bar Too High? Part II
July 30, 2016
Retired Actuary Calls for Actuarial Profession to Advocate True Social Security Sustainability
July 27, 2016
?It?s Simply Common Sense? to Develop Your Spending Budget in Retirement by Carefully Considering How to Deploy All the Retirement Assets You Own
July 15, 2016
Don?t Let Financial Fears Ruin Your Retirement
July 4, 2016
Use a Rainy Day Fund to Manage Investment Risk in Retirement
June 27, 2016
Sequence of Returns Risk Generally Not Devastating if You Adjust Your Spending
June 16, 2016
Commission Proposes Comprehensive Changes to Strengthen U.S. Retirement System
June 3, 2016
Adjust the 4% Rule Enough and You Might End Up with Something as Good as The Actuarial Approach?Part 2
June 1, 2016
How Strategic is Your Retirement Spending Plan?
May 25, 2016
How Much of that Part-Time Income Can You Afford to Spend in Retirement?
May 17, 2016
What Went Wrong with the 1983 Social Security Fix?
May 9, 2016
Adjust the 4% Rule Enough and You Might End up with Something as Good as the Actuarial Approach
May 8, 2016
Actuaries Longevity Illustrator
April 30, 2016
Use the Actuarial Approach to Win the ?Retirement Finance Game?
April 25, 2016
Please Call Off the Search for a Safe Withdrawal Rate
April 21, 2016
Use the Logical ?Big Picture? Retirement Budget Setting Alternative
April 20, 2016
Determining the Retirement Income Strategy that is Best for You is Not Necessarily an Easy Task
April 2, 2016
You Can Do Better Than the IRS Required Minimum Distribution (RMD) Rules for Your Withdrawal Strategy
March 31, 2016
Planning for Constant Real-Dollar Spending in Retirement?Is It Setting the Bar Too High?
March 26, 2016
Developing a Reasonable Spending Budget is More Than Just ?Tapping? Your Retirement Savings
February 28, 2016
Is a 10X Pay Retirement Savings Target Too High?
February 27, 2016
Actuarial Budget Calculator V 1.1?Develop Your Spending Budget by Expense Type
February 24, 2016
Tick All the Core Financial Planning Boxes with the Actuarial Approach
February 16, 2016
How Long Can I Afford to Live in Retirement? ?Part 2
February 14, 2016
How Long Can I Afford to Live in Retirement?
February 9, 2016
QLACs vs. Deferral of Social Security Commencement, Part 2
February 7, 2016
We have a New Spreadsheet to Help You (or Your Financial Advisor) Develop a Reasonable Spending Budget
February 2, 2016
Back to Budget Basics--The Actuarial Approach Explained on One Page
January 31, 2016
Which is the Optimal Strategy? Deferring Commencement of Social Security, Buying a QLAC or Neither?
January 30, 2016
Live Long and Prosper
January 22, 2016
Got Those "Conflicting Social Security Deficit Estimate" Blues
January 20, 2016
Rule of Thumb Withdrawal Strategies Just Don't Cut it for Retirees
January 19, 2016
Come to Our Website for Impartial Advice Regarding Management of Spending in Retirement
January 15, 2016
Simple Present Value Calculator
January 12, 2016
How Future Expected Long-Term Care Expenses Affect Your Current Retirement Spending Budget--Part 2
January 9, 2016
How Future Expected Long-term Care Expenses Affect Your Current Retirement Spending Budget
December 29, 2015
How Did You Do This Year?
December 26, 2015
Happy New Year—Time to Determine Your Spending Budget for 2016
December 21, 2015
Recommended Assumptions to Develop 2016 Spending Budgets under the Actuarial Approach
December 17, 2015
Avoiding the Other Road to Ruin
December 15, 2015
Another Researcher Concludes that a Combination of Annuities and Asset Withdrawals is Generally More Effective than 100% of One or the Other
December 10, 2015
Use Our Revised Spreadsheet to Keep Your (or Your Client’s) Safe Withdrawal Rate (SWR) Approach on Track
December 7, 2015
Is the Actuarial Approach Really the Only Financial Planning Software Capable of Helping You Formulate an Actual Financial Plan?
December 5, 2015
Use the Actuarial Approach and Our Spreadsheet to Address QLAC “Challenges”
November 30, 2015
5 Ways to Increase Your Near-Term Retirement Spending Budget
November 24, 2015
Retirement Researcher Endorses Qualified Longevity Annuity Contracts
November 18, 2015
Actuary Discovers Chinks in Monte Carlo Modeling Armor
November 17, 2015
Retirement Researcher Quantifies Benefits of Dynamic Withdrawal Strategies
November 5, 2015
Social Security Reform—Some Solutions are More Sustainable than Others
October 31, 2015
Actuaries Release Five New Issue Briefs on Retiree Lifetime Income
October 24, 2015
Does New Math Clearly Demonstrate that People Should Delay Commencement of Social Security Benefits When Possible?
October 17, 2015
All About that Budget
October 15, 2015
Making Sense Out of Variable Spending Strategies for Retirees?
October 12, 2015
Fear of Outliving Your Savings vs. Fear of Not Spending Enough—Finding an Appropriate Balance
September 25, 2015
Another Look at Deferral of Commencement of Social Security Benefits
September 4, 2015
Time for a Mid-Year Spending Adjustment?
August 31, 2015
A Good Idea—Developing a Spending Budget That Meets Your (or Your Client’s) Unique Needs
August 27, 2015
Wait, What? No 2016 Cost of Living Increase for Social Security Means My Medicare Part B Premium Could Increase by Over $650 Next Year?
July 25, 2015
Combining Investments with Insurance in Retirement
July 12, 2015
Pluses and Minuses of Buying Longevity Insurance (QLACs)
June 27, 2015
You Can Save During Retirement, Too
June, 24, 2015
Will “Ratcheting” the 4% Rule Make it Less Insane?
June 18, 2015
Managing Risks in Retirement through Diversification of Retirement Income Sources
June 12, 2015
Good Time for Retirees to Stress Test Their Investment/Spending Strategies
June 7, 2015
Don’t Just “Tap Your Retirement Savings”; Develop a Reasonable Spending Budget
May 28, 2015
Another Example of Why You Want to Use the Actuarial Approach
May 21, 2015
The Actuarial Approach—Periodic Matching of a Retiree’s Assets and Liabilities
May 14, 2015
Want to Really Take the Guess-Work Out of Your Retirement Spending Budget?
May 10, 2015
Brief Explanation of How to Use the Actuarial Approach, Revised
May 7, 2015
16th Annual Transamerica Retirement Survey of Workers
May 3, 2015
A Better Financing Approach for Social Security
April 26, 2015
Revisiting the Guyton Decision Rules
April 24, 2015
Expected Real Dollar Spending Budget Shaping
April 18, 2015
Your Withdrawal Strategy Should be Coordinated with Other Sources of Fixed Retirement Income
April 16, 2015
Delaying Commencement of Social Security vs. Buying a QLAC—Which Is the Better Strategy?
April 13, 2015
What is Your Discount Rate for Immediate Life Annuities?
April 8, 2015
Researchers Claim Many Individuals Aren’t Smart Enough to Manage Assets in Retirement
April 2, 2015
The Final Say on Spending Rules—Not
March 31, 2015
Spending More or Less Than Your Spending Budget
March 23, 2015
The Actuarial Approach—A Dominating Dynamic Spending Strategy
March 22, 2015
The Annually Recalculated Virtual Annuity—Pretty Darn Similar to the Actuarial Approach
March 19, 2015
Retirement Researcher Confirms Actuarial Methods Spend Down Wealth More Efficiently
March 1, 2015
How Secure is Your Social Security?
February 25, 2015
Buying an Annuity with Some of Your Accumulated Savings—What is the Best Approach to Bolster Your Spending Budget?
February 18, 2015
Crunching the Numbers on that Lump Sum Buyout Offer (Or Lump Sum Optional Form of Payment)
February 14, 2015
Recommended Assumptions for 2015—Part II
February 4, 2015
Don’t Focus on a Single Assumption When Determining Your Annual Withdrawal--All Three Matter
January 25, 2015
Forecasting Future Investment Experience--Please Use Monte Carlo Simulations Responsibly
January 24, 2015
The Perfect Withdrawal Amount?
January 22, 2015
Bud Hebeler's Autopilot Withdrawal Rule
January 1, 2015
Happy New Year—Time to Determine Your Spending Budget for 2015
December 16, 2014
Milevsky Probability of Portfolio Ruin Calculator
December 7, 2014
Demystifying the Spending Spreadsheets on This Website
December 3, 2014
Revisiting Recommended Assumptions
November 26, 2014
Don't Use the 4% Withdrawal Rule--And For Gosh Sake, Don't Use it With a Reset Button
November 24, 2014
Measuring Personal Retirement Plan Liabilities
November 19, 2014
So You Think You Are Financially Prepared to Retire? Use our Spreadsheet Tools to Test
November 16, 2014
Does Your Financial Advisor Develop Your Annual Spending Budget Based on How Much Assets You Have and How Long You Might Live?
November 14, 2014
100th Post--Nice Write-Up of the Actuarial Approach in the Toronto Globe and Mail
October 30, 2014
Revisiting the Recommended Smoothing Algorithm
October 24, 2014
You Can Spend it Now or You (or Your Heirs) Can Spend it Later
October 22, 2014
Thank You Michael Kitces
October 9, 2014
20 Years of Drinking the "4% Rule" Kool-Aid
September 29, 2014
Don't Be Worried and Confused About Making Your Money Last in Retirement
September 25, 2014
4% Constant Withdrawal Approach Leaves Much to be Desired (and Probably Too Much to Heirs at Death)
September 9, 2014
Complimentary Posts From Steve Vernon
August 31, 2014
Managing Your Spending in Retirement--It's Not Rocket Science
August 27, 2014
Budgeting Around "Lumpy" Expenses
August 21, 2014
The Actuarial Approach vs. the "Bucket System"
August 20, 2014
Can Retirees Successfully Survive in a World of 401(k) Plans? - Part 2
August 13, 2014
Can Retirees Successfully Survive in a World of 401(k) Plans?
August 9, 2014
Deferral of Social Security Commencement is a Reasonably Good Strategy, But it May Not be All That it's Cracked Up to Be.
August 2, 2014
Are You "Most People"?
July 31, 2014
RMD Rules Don't Work Well With Longevity Annuities--Part 2
July 26, 2014
The Required Minimum Distribution (RMD) Rules Do Not Work Well With Longevity Annuities
July 19, 2014
How Well Does Your Retirement Budget Process Handle Your Specific Situation and Objectives?
July 15, 2014
You Don't Need to Use Monte Carlo Modeling to Develop a Reasonable Spending Budget in Retirement
July 12, 2014
Managing Risks in Retirement by Diversifying Sources of Retirement Income
July 7, 2014
New Research on How to Choose Portfolio Return Assumptions
July 5, 2014
IRS Finalizes Longevity Annuity Regulations
July 3, 2014
Two Interesting Videos on Dynamic Systematic Withdrawal Strategies
June 27, 2014
Using the Actuarial Approach to Determine Your Total Spending Budget in Retirement
June 21, 2014
Another Example of the Actuarial Approach for Determining Your Annual Spending Budget in Retirement
June 7, 2014
Forget the 4% Rule--Use Our Approach Instead
May 24, 2014
Accumulating Savings for Retirement of 8X or 10X Pay is Better than 4X or 6X
May 1, 2014
Is the 4 Percent Rule Still Relevant for Retirees? Uh, Hells No
April 28, 2014
Deferring Commencement of Social Security Benefit is OK, Deferring Retirement is Better
April 24, 2014
Back to How Much Savings is Needed
April 4, 2014
Delaying Commencement of Social Security--Internal Annual Real Rate of Return Calculations
March 28, 2014
Several Wade Pfau Posts
March 12, 2014
Shopping Around for Withdrawal Strategies That Will Give You a Higher Withdrawal Rate?
March 4, 2014
Follow-Up to JP Morgan Post
March 1, 2014
JP Morgan's Dynamic Withdrawal Strategy
February 26, 2014
The Actuarial Approach and Withdrawal Policy Statements--Its in There!
February 14, 2014
Anticipating "Lumpy" Expenditure Needs
January 21, 2014
Comparison of Four Withdrawal Strategies Based on Recent Experience
January 16, 2014
Systematic Withdrawal Strategies Examined in Recent Stanford/SoA Study Leave Much to be Desired