Managing Money in Retirement
-
Hanna paper
and graphs in Acrobat format -
For comparison to discussion in Hanna paper, see the Valic
online calculator
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here if you want to download the software.
Good discussion of alternatives for managing funds after retirement
— choices and calculations involving life annuities
-
Investing
in mutual funds (Washington Post columnist Glasssman) -
How
long will your savings last? (Changing Times, July 1996) -
Life Expectancy Tables. -
A
Simple Plan to Stretch Your Payout ((Changing Times,April
1996) -
Distribution
of inflation rates in the U.S. since 1914 -
Don’t
Make Uncle Sam Your Heir (Changing Times,March 1996)
For all Americans, and males and females.
The IRS has official life expectancy tables for tax purposes — including
detailed sets of joint life expectancy tables.
IRS
life expectancy table created by Sherman Hanna (Simplified version
of joint life expectancy tables for couples of same age, plus links to
more complicated IRS tables.)
More educated people have higher life expectancies, e.g., see below.
Life
expectancy and payouts. This is for people participating in the College
Retirement Equities Fund, who would be of similar status to typical financial
planning clients. Note that if a couple lives to age 60, then, on average,
at least one of them will live to be 93.
Reverse-Mortgage
Fees A ‘White-Collar Mugging’, Quinn column, part 1
Cleaning
Up Reverse Mortgages Quinn column, part 2
Home
Equity Conversions: Reverse Mortgages Virginia extension
Washington
Post column on using inflation bonds
Your
Retirement Buying medigap could be trickier now ((Changing Times,Feb.
1995)
10/4/98