Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Friday, March 28, 2014

Some Often Forgotten Retirement Planning Details

Reminder - Ribbon on Finger

Here are seven often forgotten details you should be factoring into your retirement plan:

  1. Will you need to support your parents and/or children?
  2. Is your family prepared for your retirement too?
  3. Should you be jumping into another line of work instead of retiring?
  4. Have you included infrequent but periodic purchases to your expenses?
  5. Have you planned for inflation?
  6. Do you know how your sources of retirement income will be taxed?
  7. Do you know how cash flow and income will be affected if your spouse dies prematurely?

See David Ning, 7 Commonly Missed Retirement Planning Details, U.S. News, March 26, 2014.


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