Develop a cash-flow plan for retirement

Life’s Financial Journeys

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

After several months in retirement you will have established a pattern of cash-flows in and out.

The time has come to develop a spending plan that you want to have rather than what you simply let happen. This takes some conscious decisions about where your limited income will go each month.

The following resources may assist you in developing a cash-flow plan for retirement:

Deciding Where to Spend Your Money

Setting Up a Spending Plan

Creating a Spending Plan

Budgeting Tips

Budgeting Worksheet

Getting Help When Expenses Exceed Income

Entering Retirement Tasks

1. Selecting your retirement lifestyle
2. Estimating your monthly retirement income
3. Setting up your spending plan
4. Enrolling in Social Security and Medicare
5. Managing taxes during retirement

Setting up your spending plan Subtasks

1. Assess the financial realities of retirement
2. Determine your typical monthly expenses
3. Develop a cash-flow plan for retirement
4. Plan for inflation


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