Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Divorce
Death of a Life Partner
Military Life


Learn the basics of how to control spending. What happens when you discover that the spending target determined by either the rules of thumb or projection analysis is less than you had hoped?

The following resources may assist you in controlling spending:

The “Bucket” Approach to Controlling Spending

Finding Money to Invest

Saving Money on Insurance After Your Children Move Out


Emptying the Nest Tasks

1. Financing college
2. Revising your spending plan
3. Planning for long-term care
4. Preparing for retirement
5. Estate planning

Revising your spending plan Subtasks

1. Assess the realities of the empty nest phase of life
2. Control spending
3. Develop a financial plan for an empty nest

FOUNDATION OFFICE

NAPFA Consumer Education Foundation
8700 W. Bryn Mawr Ave., Suite 700N
Chicago, IL 60631
(847) 483–5400 ext. 106
foundation@napfa.org

 

PARENT ORGANIZATION
NAPFA.org