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Projecting Future Living Costs

One of the most difficult aspects of preparing for retirement is projecting one’s future living costs. After all, it’s not easy to determine how much inflation there will be or how your lifestyle or health will change.  According to the Nationwide Retirement Institute, 44 percent of workers aged 50 and over believe that their living expenses will stay the same one they leave their careers behind.  

Anirban Basu, Chariman Chief Executive Officer of Sage Policy Group (SPG), is one of the Mid-Atlantic region's leading economic consultants. Prior to founding SPG he was Chairman and CEO of Optimal Solutions Group, a company he co-founded and which continues to operate. Anirban has also served as Director of Applied Economics and Senior Economist for RESI, where he used his extensive knowledge of the Mid-Atlantic region to support numerous clients in their strategic decision-making processes. Clients have included the Maryland Department of Transportation, St. Paul Companies, Baltimore Symphony Orchestra Players Committee and the Martin O'Malley mayoral campaign.