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Special Report - Special Report - February 28, 2013
Gauging how much you can expect to spend in retirement
Researchers say method they've developed factors in uncertainties, risks

Newswise

University of Virginia Darden School of Business research shows new, more effective ways to plan for retirement, professors from the school contend.

Every day, financial planners help future retirees determine how much they'll spend or "consume" each year of their lifetime. The answer lets individuals know how much they'll need to save to live comfortably.

However, making plans without knowing how long you will live is a financial challenge. As the saying goes, "You c...


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