Managing Money in Retirement
and graphs in Acrobat format
For comparison to discussion in Hanna paper, see the Valic
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Good discussion of alternatives for managing funds after retirement
— choices and calculations involving life annuities
in mutual funds (Washington Post columnist Glasssman)
long will your savings last? (Changing Times, July 1996)
Life Expectancy Tables.
Simple Plan to Stretch Your Payout ((Changing Times,April
of inflation rates in the U.S. since 1914
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.
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.
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.
Fees A ‘White-Collar Mugging’, Quinn column, part 1
Up Reverse Mortgages Quinn column, part 2
Equity Conversions: Reverse Mortgages Virginia extension
Post column on using inflation bonds
Retirement Buying medigap could be trickier now ((Changing Times,Feb.