Retirement Planning Assumptions to Avoid

Making incorrect or overly optimistic assumptions regarding a retirement plan can lead to disastrous effects with little time to correct them. Here are some common retirement planning assumptions that can be problematic:

• Assuming returns on investments will be continue to be strong and over projecting market-returns.
• Assuming inflation will remain low.
• Assuming an ability to continue working after age 65.
• Assuming  that parents or other family members will leave the future retiree an inheritance.

See Christine Benz, 4 Dangerous Assumptions That Could Hurt Your Retirement Plan, Morning Star, Feb. 5, 2015.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.