Making the Right Assumptions in Retirement
According to a study by the Financial Industry Regulatory Authority (FINRA), only 39 percent of Americans have tried to figure out how much they need to save for retirement. For those who actually do take action sooner, they typically seek the services of a traditional financial planner. And for those of you who take the do-it-yourself approach, the challenging part is deciding on all the assumptions that are key to understanding your prospects in retirement. In a post by Pedro Olea de Souza eSilva, Senior Quantitative Researcher at Wealthfront.com, he discusses the assumptions that he considers important and why. Read blog here…