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 ...

A necessary yet often overlooked step in the planning process is the recording of assumptions; those insights and expectations upon which the plan will be constructed. Sometimes referred to as ...

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 ...

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. One of ...

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 ...

If you run a small business that executes large graphic design projects, you must initiate a level of planning and risk management you may not have needed for smaller projects. Meet with your client ...

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, ...

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 ...