A good spending plan is essential for a good financial plan

Tim Farrelly  |  farrelly’s Investment Strategy  |  03 May 2023 |  0.25 CE

One of the main goals of investing is to provide for income in retirement – spending! A critical part of any retirement plan is a spending plan (which is not the same as a budget!), that sets out how much money can be safely spent each year, and how this amount may vary depending on changing circumstances and changing market returns. Ultimately, a good spending plan helps keep clients’ investments on track.

Presentation  (15 mins)  |  Slides

Podcast  (15 mins)


Tim Farrelly

Tim Farrelly is Principal at farrelly’s Investment Strateg...

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