- Work longer
- Die sooner
- Spend less
- Save more/defer benefits
- Change rate of return
- Adjust inflation assumptions
- A combination of all six
- Income distribution is not a one-time event, but rather an ongoing process that should occur, at a minimum, on an annual basis.
- Current projections many years into the future are going to be inaccurate.
- By creating an ongoing annual evaluation process, we move beyond probability theory into reality customized on an individual basis.