Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Plan Compliance Analyst (Administrator)


RPA logo

Education Consultant

(Remote / Putnam Valley NY)

Pentegra logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>

'Probability-of-Success-Driven Guardrails' Is a Good First Step in Retirement Budgeting
Ken Steiner, FSA RetiredLink to more items from this source
Mar. 8, 2021

"The primary shortfall of the Kitces/Tharp model ... is its inability to distinguish between recurring and non-recurring expenses and between essential and discretionary expenses. Instead, like most Monte Carlo models employed today by financial advisors, it produces one fixed dollar spending budget for the current year."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022, Inc.