Planning for retirement spending

    6:47 AM, Nov 27, 2012   |    comments
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    LITTLE ROCK, Ark. (KTHV) -- If you're among the many Americans who aren't prepared for retirement, we're here to help this morning.

    Most retirement plans that people get from financial advisors don't do a good job of projecting how retirees spend.

    • Some expenses last for a lifetime
    • Other expenses last for certain periods of time
    • Expenses that we don't know about

    Retirement planning software used by financial advisors must take into account the different ways that retirees spend their money during different periods of retirement. It makes a huge different in determining if you have saved enough for retirement.

    Financial advisor Barry Corkern shares his advice on "THV 11 This Morning.". 

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