The M Word Journal by Lori Sackler

Author:Lori Sackler
Language: eng
Format: epub
ISBN: 9781633932548
Publisher: Koehler Books
Published: 2015-11-25T16:00:00+00:00

In order to make the most of this journal, you will need to make some additional assumptions and estimations before you begin, perhaps with the help of your financial advisor. I have included some figures that you can change, such as a life expectancy of 90 and a 2 percent inflation rate, but you should tailor the following to your specific situation:

• Age at retirement

• Life expectancy

• Inflation rate

• Rate of return on investments

• Tax rate on different income sources in retirement

PLEASE NOTE: For an in-depth discussion of the Money Talk and other concepts, see The M Word: The Money Talk Every Family Needs to Have about Wealth and Their Financial Future (McGraw-Hill Education, 2013, updated 2016).

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