When it comes to retirement planning, “hope for the best, plan for the worst” is a reasonable motto. Given that many retirees fear running out of money more than they fear death, it’s only prudent for ...

The strategic planning process includes time dedicated to discussing and capturing planning assumptions. These often consist of thoughts, opinions, observations, and predictions of what the future may ...

Critical to the successful implementation of any business plan are the assumptions upon which the plan is based. In a time of rapid change and profound uncertainty, assumptions take on even greater ...

Accurate and precise cost assumptions are critical to developing short-term and long-term budgets for planned projects. Budget planning assumptions help businesses create contract proposals that ...

The CEO described to me his company’s planning process with a tone of frustration. It sounded to me that the company’s managers saw the process as a chore and not a tool. The key, in this situation, ...

Retirement is a big question mark for most people. Even with planning, there will be some gray areas and opportunities for making assumptions about what to expect or how far your money will go. Read ...

Financial Planning News — When it comes to long-term financial planning, many people believe they are being realistic. Whether the goal is retirement, a child’s education, or achieving financial ...

For example, in 1992, PSRS held more than 80 percent of its investments in fixed income and cash, relatively low-risk investments. As of 2014, the plan held less than 25 percent in those safer options ...