Financial Terms

Planning assumptions are the expectations used when creating a financial plan, such as growth rates or spending needs. Financial terms

Income durability is the ability of retirement income to remain reliable over a long period of time. Financial terms can

Spending resilience is the ability to maintain financial stability even when markets fluctuate or expenses change. Financial terms can be

A real return is an investment’s return after accounting for the impact of rising costs over time. Financial terms can

A planning buffer is extra financial margin built into a plan to absorb unexpected expenses or market downturns. Financial terms

A drawdown is the decline in value from an investment’s peak to its lowest point before it begins to recover.

A time horizon is the length of time an investor expects to hold an investment before needing the money. Financial

Asset Mix is the blend of different types of investments (like stocks, bonds, and cash) in a portfolio. Financial terms

Vesting is the process by which an employee earns the right to receive full benefits from a retirement plan after