think, June 2, 2013 thesundaytimes, pg 43 Life starts at 60, how long will funds last? As retirees, we need to avoid two big money mistakes commonly made by many retirees during their financial planning for retirement income for life. No 1: Not adequately factor in year-on-year inflation for retirement income cash flow. Our passive income (e.g. dividend income from stocks) from our investment portfolio is never inflation proof or inflation adjusted. When we need to top up any short fall in our retirement income, we may then commit the bigger No 2 money mistake. No 2:  We are forced to sell assets when the market is slumping to meet shortfall in retirement income. This is definitely a Game killing move! Uncle8888 has been thinking hard during his financial planning for Retirement Income for Life and coming out with strategy to avoid committing these two big money mistakes commonly ......