Using a Hierarchy of Funds to Reach Client Goals

Branning, Jason K.; Grubbs, M. Ray
December 2010
Journal of Financial Planning;Dec2010, Vol. 23 Issue 12, p31
Academic Journal
The article focuses on financial planning for individuals in the U.S. who are near the retirement stage. It discusses the difference between personal and institutional finance and the use of the modern retirement theory (MRT) to meet the client goals in any market condition. It adds that institutional finance covers large organizations which deals with company cash flows and risk management whereas personal finance involves risk management issues on longevity and conditions within longevity.


Related Articles

  • Age Banding: A Model for Planning Retirement Needs. Basu, Somnath // Journal of Financial Counseling & Planning;2005, Vol. 16 Issue 1, p29 

    The age-banded model provides a new approach to planning for retirement needs. The model reduces errors in estimating expenses, provides an algorithm to calculate the replacement ratio, allows easier incorporation of long term care benefits and significantly reduces funding needs. Two situations...

  • Budget to manage volatile market. Spackman, Paul // Farmers Weekly;11/13/2009, Vol. 151 Issue 20, p30 

    The article discusses the need for farmers to practice accurate financial planning in view of high volatility in agricultural markets. One of the steps to financial planning is developing a realistic budget for the next two years and providing banks with assumptions behind budget. In relation to...

  • CATCHING UP WITH RETIREMENT. Silbernagel, James; Jasen, Anthony // Life Insurance Selling;Jun2009, Vol. 84 Issue 6, p16 

    The article offers information on how to prepare a financial plan for retirement in the U.S. It suggests that insurance companies should allow their client's cash flow so they can maximize their retirement savings. It adds that a detailed cash flow analysis should cover every amount of money...

  • You Don't Need a Million Dollars to Enjoy a Rich Retirement. Stevens, Sue // Morningstar Practical Finance;Jun2008, Vol. 4 Issue 6, p1 

    The article provides information on the approach taken by the author in response to the person named Mike about the money needed for a comfortable retirement. According to the author, she will first examine the financial situation of Mike, which will help her diagnose exactly what she was up...

  • Slices of Time. Adler, David E. // Financial Planning;Sep2010, Vol. 40 Issue 9, p113 

    The article describes the use of time-segmentation strategies in retirement income planning. In a time-segment portfolio, the retirement years are divided into stages to preserve assets for future cash flow needs. In a survey conducted by the Financial Planning Association in 2009, one-third of...

  • Longevity Threatens Boomers' Savings. Glover, Hannah // Money Management Executive;11/27/2006, Vol. 14 Issue 45, p1 

    The article focuses on retirement and longetivity risk in the U.S. It offers tips on how to plan retirement and how the plan actually works. It also discussed the financial planners's responsibility to explain to clients why living in retirement is different than preparing for it as well as...

  • Financial year planner. Smith, Rosemary // Pulse;3/4/2009, Vol. 69 Issue 7, p34 

    The article presents a financial year planner for 2009 which covers both practice and personal finance. It cites that on April 2009 one must ensure an up to date practice records and care is essential to include payment for the budget, patient numbers, and seniority and superannuation...

  • Build Fort Knox around savings. WRIGHT, DAVID // Money (Australia Edition);Jun2013, Issue 157, p21 

    The author offers tips on budgeting. According to the author, everything starts with a good budget plan. He has witnessed high-income earners heading for bankruptcy due to misguided lifestyle choices. He has provided a client with a copy of his Simply Budgets software which allows an individual...

  • A good time to re-evaluate your cash forecasting. Petrusev, Sascha // Treasury & Risk;Sep2015, p8 

    The article discusses the requirement of new approaches by corporations for evaluating their cash forecasting to monitor and minimize risk exposure. Topics discussed include challenges in data evaluation through spreadsheets and thus the need of automated cash management solutions; several...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics