The Society of Actuaries published a series on "Managing Retirement Decisions" to take a hard look at the decisions people face when they are planning for retirement. The series targets those looking to retire and the financial professionals working with them.
"There are a number of decisions and risks associated with retirement planning and saving, including having adequate resources and timing of Social Security benefits," said Anna Rappaport, actuary and chair of the SOA's Committee on Post-Retirement Needs and Risks. "The decision briefs are written in clear, understandable language designed to offer those nearing retirement access to expert insight and practical considerations on a variety of topics."
The briefs range in topic from when to retire to finding trustworthy financial advice and avoiding retirement pitfalls. Other topics address designing a monthly paycheck, long-term care insurance and estate planning.
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