A year ad a half ago my abstract on this topic noted the lack o reference literature and of dificulties to generate scenarios for individuals at various stages of employment. Now the number of companiesand organizations offering advice with various options has grown enmously. Such companies are Bank of America, Citigroup, JP Morgan, Wells Fargo and brokerage/investment firms such as Vanguard, Fidelity, Schwab, T&gt; Rowe pRrice. So there is a good choice, but pick one and stickwith it. General advice is to first do a torough financial inventory. This means ascertaining yur expendituresswith present figues realizing that will change. List major replacement items, recreation, travel,,the emergency fund and any Estate funding.. Then list income: salary/wages, other income, investment gains/losses. This is not a simpple task and requires the assistance of a professonal. With the inventory and a Starting Date one may prepare a Reirment Plan. It is obvious that an early start quires less financial comitment but more determination to mtainin continuity.. A midterm start has more financial commitment but less time commitment, whle an end of employment start equires a large financial commitment. Outside advice is important to make the proper choice. In summary, the first step in designing a Financial Plan is to make a financial inventory. This sets the parameters.. Then depending on the Plan starting time the necessary income requirements can be programmed. Know that all Financial Plans are subject to torquing with time, and to responsing to changes in circumstances. The last advice is to get started and to stay the course..

Financial aspects of retitirement plans

ACS Spring Meeting 2021

The official archive and repository for all ACS Meetings & Expositions abstracts and select posters or presentations.