What Is Age Banding And What Does It Mean For Retirees?
Another important contribution in the area of retirement spending patterns is Somnath Basu’s 2005 article “Age Banding: A Model for Planning Retirement Needs.” Though it provided a comprehensive retirement planning framework, I want to focus specifically on the findings that covered post-retirement spending patterns.
Pfau, Wade D. PhD, "What Is Age Banding And What Does It Mean For Retirees?" (2016). Faculty Publications. 570.