Download or read book Retirement Income Redesigned written by Harold Evensky and published by John Wiley & Sons. This book was released on 2010-05-25 with total page 500 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clients nearing retirement have some significant challenges to face. And so do their advisers. They can expect to live far longer after they retire. And the problems they expect their advisers to solve are far more complex. The traditional sources of retirement income may be shriveling, but boomers don't intend to downsize their plans. Instead, they're redefining what it means to be retired—as well as what they require of financial advisers. Planners who aren't prepared will be left behind. Those who are will step up to some lucrative and challenging work. To help get the work done, Harold Evensky and Deena Katz—both veteran problem solvers—have tapped the talents of a range of experts whose breakthrough thinking offers solutions to even the thorniest issues in retirement-income planning: Sustainable withdrawals Longevity risk Eliminating luck as a factor in planning Immediate annuities, reverse mortgages, and viatical and life settlements Strategies for increasing retirement cash flow In Retirement Income Redesigned, the most-respected names in the industry discuss these issues and a range of others.

Download or read book Retirement Income Redesigned written by Harold Evensky and published by . This book was released on 2006 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book What You Don t Know about Retirement Income Can Hurt You written by Jack Tatar and published by People Tested Books. This book was released on 2016-01-15 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the past, retirement planning was focused on reaching "the number" or what the value of our "nest egg" needed to be. For years, clients and advisers focused solely on their "account value" to gauge whether or not they're were going to ever retire. We were told that this "number" was different for every person. Well, the reality is that today, that "number" should no longer the sole focus for investors hoping and praying to retire. Rather the focus should be on "how much" will that number provide in income! Recreating a paycheck in retirement or funding the day to day needs for retirees has become more important that the journey to a specific "number." And this has everything to do with the realities that taxes, healthcare costs, low interest rates, volatile markets and tending to the needs of older parents and your own children have created havoc for any plans that we had to reach the retirement of our dreams. These realities bring into question many of the foundations that we created our retirement plans on - such things as 401(k)s, IRAs and Medicare. These plans were made before we knew about the benefits of Roth IRAs or the realities of means testing raising Medicare costs are demanding that retirement planning be focused on retirement income, not just the value of your "nest egg"! This trend towards retirement income, or what is also known as "distribution" is the reason that we've gathered these authors together to provide you with a book that outlines these new realities. This book was written by financial advisers, professionals and experts who have recognized that the rules of retirement have changed and they're advising their clients accordingly. They have their ear to the current realities and demands of the financial marketplace, and are implementing strategies that are focused on helping their clients to navigate these new realities. The authors of this book are not advisers and experts who are remaining in their comfort zone and advising clients on the same tired old investment approaches. They are professionals who understand the current realities of the industry and willing to venture out of their own "comfort zone" to find investment options that are most appropriate for their clients. With an understanding that every client is different and unique, these professionals recognize that they need to interpret these new realities into customized solutions for each of their clients. As you read the chapters, you'll hear the passion and focus that each of these finan- cial professionals have for the wellbeing of their clients. The key thing to remember as you read this book, is that if your financial adviser is not discussing these matters with you, you may not have the right adviser. And if your adviser is discussing these items with you, then it's important to work with them and integrate this type of thinking into your financial strategies. This book is required reading for anyone nearing retirement, already retired or wondering if they'll ever retire. Retirement can be achievable for everyone. You just have to have the right information, the right approach and the right advice. Allow these authors to help you to understand the new rules of retirement so that you can achieve the retirement of your dreams. That should be the focus of every investor and every financial adviser working today!

Download or read book Can I Retire Yet written by Darrow Kirkpatrick and published by StructureByDesign. This book was released on 2016-05-20 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: You've worked hard, lived carefully, and saved diligently. You've reached major milestones and accumulated more assets than you dreamed possible, and yet you hesitate. ""Can I retire?"" This book will help answer that question by showing you.... The tools you need to live a secure and independent retirement, without worrying about money What you must know before leaving a career behind How much it will cost you to live in retirement, and how to manage your cash flow The current choices for retirement health care, including lesser-known but effective options The threat from inflation: two secrets that politicians and bankers will never admit A realistic assessment of the impact that income taxes will have on your retirement Social Security's role in your retirement: when you should claim and how much it's worth to you How to construct and manage an investment portfolio for income and growth in retirement About immediate annuities and why you need multiple sources of retirement income The key variables and unknowns in your retirement withdrawal equation Reviews of the best retirement calculators, and tips for how to use them accurately Beyond the simplistic 4% Rule to the latest research on safe withdrawal rates Realistic bracketing of your retirement savings needs, without over caution or overconfidence The history of economic cycles and the related asset classes for optimal retirement security A survey of strategies plus original research for how to orchestrate your retirement distributions A practical "retirement fuel gauge" alerting you to problems while you still have time to act Backup plans: the "lifeboat strategies" for ensuring you'll never be without essential income The 6 crucial questions to answer before you can retire The one, simple, powerful, non-financial reason that you can and should retire earlier than later

Download or read book The New Retirement Income Portfolio written by G P Williams and published by . This book was released on 2016-05-17 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: If you are planning to retire in the next few years, you're one of the millions of baby boomers who will likely enter retirement without a pension. Your quality of life in retirement will be determined by what you have saved and invested. You're part of the largest wave of retirement in modern history, and, you're on your own. Unlike past generations, no corporation or government will be there to fix your problems should you enter retirement unprepared. The New Retirement Income Portfolio is written specifically to address the questions that come with being financially "on your own" for the last third of your life. Can you afford to retire? How will you know? Will your money last or will you outlive your money? How should you allocate your money to ensure your comfort and dignity in retirement? The New Retirement Income Portfolio will answer these questions in a step by step manner by building a straightforward framework for understanding the problem of self-funded retirement and developing effective solutions. It's a manual for the rest of your financial life. Graham Williams, MBA, CFP(R) draws on over 20 years of experience designing personal retirement fi nancial plans for self-funded retirees. By focusing on fundamental concepts and example retirement cases, Graham will guide you through the decision making process. In the New Retirement Income Portfolio you'll learn: - The 5 factors that can cause your self-funded retirement plan to fail - How to assess your readiness to meet these challenges - How to design both a retirement portfolio and cash flow plan that will withstand the stresses of turbulent financial markets, low interest rates and inflation - How your VALUES determine your portfolio - and not some vague "risk assessment" questionnaire Graham's commitment to your education means that all the technical stuff you've been avoiding is made clear. Through stories, analogies and examples you'll learn about concepts like secular bear markets, inflation, portfolio volatility and the technicalities of annuities. You'll finally understand these concepts well enough to put the whole picture together. After reading this book, you will know what you should own in your portfolio, how much you can expect to receive in income during retirement and how to avoid the wrong ideas, inappropriate risks and falsehoods that often pass for "conventional wisdom" in the financial industry.

Download or read book What You Don t Know about Retirement Income Can Hurt You written by Michael Foguth and published by . This book was released on 2016-01-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A New Approach to Retirement Income written by Teachers Insurance and Annuity Association and published by . This book was released on 1955 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Retirement Income written by Mark Warshawsky and published by MIT Press. This book was released on 2012 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategies, products, and public policies that will help a new generation of retirees maximize income and minimize risk. As members of the baby boom generation head into retirement, they face an economic environment that has changed noticeably since their parents retired. Most of these new retirees will not be equipped, as many in the earlier generation were, with private pension plans, early retirement options, and fully paid retiree health benefits in addition to Social Security and Medicare. Today it is increasingly left to retirees themselves to plan how to maximize retirement income and minimize risk. In Retirement Income, Mark Warshawsky and his colleagues describe strategies, products, and public policies that will help a new generation achieve financial security and income growth in retirement. Warshawsky, a noted expert in the field who has worked in both government and private industry, analyzes two insurance vehicles, life annuities and long-term care insurance, and their capacity to protect against the extra costs arising from longevity and disability. He proposes two innovations. The first is a strategy that includes a set percentage withdrawal from a balanced portfolio, which is gradually used to purchase a ladder of life annuities. The second proposal, which includes a description of the potential choices in product design and available tax characteristics, is a product that integrates the immediate life annuity and long-term care insurance. With Retirement Income, Warshawsky offers practical ideas based on the results of empirical investigations and analyses, which can be applied to household decision making by retirees and their financial planners and to the design of insurance products and public policy.

Download or read book Retirement Income Sources written by James W. Walker and published by Pearson Education. This book was released on 2010-01-12 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Element is an excerpt form Work Wanted: Protect Your Retirement Plans in Uncertain Times (ISBN: 9780132354646) by James W. Walker and Linda H. Lewis. Available in print and digital formats. From social security to inheritance: how to objectively assess the retirement savings and income you’ll actually have. “I expect Social Security benefits will pay out for me--I’m not affected by the changes that have been made.”Actually, rising eligibility age and the taxing of benefits are already greatly reducing take-home income. Social Security will be a less important source of income for each successive generation. Benefits are under pressure, and their future viability is debatable....

Download or read book The New World of Retirement Income Security in America written by Joseph Quinn and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The New Rules of Retirement written by Robert C. Carlson and published by John Wiley & Sons. This book was released on 2016-03-29 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Create the retirement you desire with proven financial strategies The New Rules of Retirement throws away the rules of thumb, clichés, and obsolete ideas. It provides a proven, updated approach to retiring successfully in today's world. In this new second edition based on independent, objective research, retirement expert Robert C. Carlson uses proven, profitable techniques to coordinate all the factors that lead to financial security and independence. You'll learn how much you really need to save for retirement, how to invest that nest egg before and during retirement, and how to establish a wise and sustainable spending strategy. Carlson will explain how to overcome the threats to lifetime financial security, such as longer life expectancy, low investment returns, higher taxes, and more. Importantly, you'll learn how to plan for the wildcards of retirement planning: health care and long-term care expenses. This edition covers changes in key areas such as annuities, IRA management, estate planning, and income taxes. You'll learn how to merge these insights into your plan to enhance financial security and to provide for loved ones in the future. Retirement no longer means being put out to pasture. Today's retirees are traveling the world, attending classes, developing new skills, starting businesses, mastering neglected hobbies, and more—well into their golden years. This guide helps ensure you have the financial independence to pursue the retirement you want through smart planning and effective financial strategies. Know and overcome the threats to retiree financial security Learn the right way to estimate retirement spending Develop a sustainable spending strategy Invest your nest egg to make it last Plan for potential long-term health care Leave a legacy for loved ones The retirement is now a new phase of life, not a winding down. It's a time to live your best life and do things you couldn't before. But all the financial aspects of retirement have changed. To maintain financial security and create the retirement you desire, you need to be on top of the changes. The New Rules of Retirement provides the latest, proven strategies that help put the shine in your golden years.

Download or read book New York Life Center s Retirement Income Guide written by New York Life Center for Retirement Income and published by . This book was released on 2008 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A New Approach to Retirement Income written by Teachers Insurance and Annuity Association and published by . This book was released on 1964 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The New Retirement Income Portfolio written by Graham P Williams and published by . This book was released on 2016-05-18 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you are planning to retire in the next few years, you're one of the millions of baby boomers who will likely enter retirement without a pension. Your quality of life in retirement will be determined by what you have saved and invested. You're part of the largest wave of retirement in modern history, and, you're on your own. Unlike past generations, no corporation or government will be there to fix your problems should you enter retirement unprepared. The New Retirement Income Portfolio is written specifically to address the questions that come with being financially "on your own" for the last third of your life. Can you afford to retire? How will you know? Will your money last or will you outlive your money? How should you allocate your money to ensure your comfort and dignity in retirement? The New Retirement Income Portfolio will answer these questions in a step by step manner by building a straightforward framework for understanding the problem of self-funded retirement and developing effective solutions. It's a manual for the rest of your financial life. Graham Williams, MBA, CFP(R) draws on over 20 years of experience designing personal retirement fi nancial plans for self-funded retirees. By focusing on fundamental concepts and example retirement cases, Graham will guide you through the decision making process. In the New Retirement Income Portfolio you'll learn: - The 5 factors that can cause your self-funded retirement plan to fail - How to assess your readiness to meet these challenges - How to design both a retirement portfolio and cash flow plan that will withstand the stresses of turbulent financial markets, low interest rates and inflation - How your VALUES determine your portfolio - and not some vague "risk assessment" questionnaire Graham's commitment to your education means that all the technical stuff you've been avoiding is made clear. Through stories, analogies and examples you'll learn about concepts like secular bear markets, inflation, portfolio volatility and the technicalities of annuities. You'll finally understand these concepts well enough to put the whole picture together. After reading this book, you will know what you should own in your portfolio, how much you can expect to receive in income during retirement and how to avoid the wrong ideas, inappropriate risks and falsehoods that often pass for "conventional wisdom" in the financial industry.

Download or read book Work Retire Repeat written by Teresa Ghilarducci and published by University of Chicago Press. This book was released on 2024-03-08 with total page 277 pages. Available in PDF, EPUB and Kindle. Book excerpt: A damning portrait of the dire realities of retirement in the United States—and how we can fix it. While the French went on strike in 2023 to protest the increase in the national retirement age, workers in the United States have all but given up on the notion of dignified retirement for all. Instead, Americans—whose elders face the highest risk of poverty compared to workers in peer nations—are fed feel-good stories about Walmart clerks who can finally retire because a customer raised the necessary funds through a GoFundMe campaign. Many argue that the solution to the financial straits of American retirement is simple: people need to just work longer. Yet this call to work longer is misleading in a multitude of ways, including its endangering of the health of workers and its discrimination against people who work in lower-wage occupations. In Work, Retire, Repeat, Teresa Ghilarducci tells the stories of elders locked into jobs—not because they love to work but because they must. But this doesn’t need to be the reality. Work, Retire, Repeat shows how relatively low-cost changes to how we finance and manage retirement will allow people to truly choose how they spend their golden years.

Download or read book Securing a Retirement Income for Life written by Bill Griffith, Jr. and published by W E Griffith Publications. This book was released on 2006 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: How much you need to finance your retirement depends on how well you want to live and the expected length of your retirement life. Do you want to maintain or increase your standard of living? Do you want to start a new business, provide financial help to family members or engage in a new hobby or activity? How much you need to accumulate depends on the lifestyle you envision. Securing a Retirement Income for Life will show you how much you need to accumulate to provide a retirement income for life and how to implement the very best strategies for managing, protecting and preserving your wealth. The interactive nature of this new book will show you how to go about planning to meet your retirement needs and objectives and how best to prepare for uncertainties when the future is unknown. For many people, retirement may represent the longest stage of their life. It is a time when they can look forward to a whole new range of exciting challenges and activities - to experience their own vision - with the same passion, excitement and sense of accomplishment they had during the first part of their life. Along with a much longer life, however, comes more complex and much more expensive financial challenges. This book will help you prepare for the many challenges and uncertainties that lie ahead as you approach retirement and during your retirement years, such as the potential risk of outliving your money. The shift away from defined benefit plans to defined contribution plans is a trend that has revolutionized retirement planning by placing more of the responsibility for saving on the individual. Since fewer retirees in the future can expect to receive a steady stream of income from employer provided defined benefit plans, individuals will have to rely more on their own resources for a much higher percentage of their retirement income. According to author and Certified Financial Planner practitioner, Bill Griffith, Jr., CFP, "people are faced with having to make serious decisions about how to manage their company retirement plan, how much to contribute, how to invest their money and what to do with their vested balance after they retire." "They need to have a plan based on clear and accurate information to help them make decisions about when to retire, how long they can expect to live in retirement, how much they need to accumulate and how to manage their funds throughout their retirement years." The investment needed to finance retirement depends on an accurate forecast of expenditures and rate of return assumptions well into the future. The uncertainty of traditional return assumptions and rising healthcare costs are both significant risks in retirement and can have a tremendous impact on retirement savings and security. Decisions about when to retire, how long you can expect to live in retirement and how much you need to accumulate are complicated by an ever changing set of circumstances. Throughout this book, the author emphasizes a process-driven approach for facing these and other critical issues in retirement. You will learn about the proper methods for managing retirement funds and how to protect against the risk of funding long-term liabilities. Meeting financial obligations through an investment-based approach is only one part of the process. Securing a Retirement Income for Life will show you how to use a combination of methods to assure that your retirement income will last for life.

Download or read book Housing Wealth written by Don Graves and published by Housing Wealth Institute. This book was released on 2018-02-27 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the current retirement income crisis facing baby boomers and existing retirees, today's asset mangers, insurance agents and hybrid advisors need every viable resource to help their clients and sustain their practice. In Housing Wealth, American College instructor and reverse mortgage expert, Don Graves, distills more than 20,000 advisor/client engagements over two decades into practical, back-of-the-napkin, common sense strategies. Through simple case studies and easily applied concepts, the advisor will learn how today's reverse mortgage can: Increase Clients' Cash Flow and Preserve Assets from Premature Erosion Reduce the Most Common Risks to Retirement Income Optimize Retirement Outcomes for the Mass Affluent Improve Liquidity and Add New Dollars to Retirement Savings Help Advisors Create More Planning Opportunities from Existing Clients and Gain Access to New Ones Manage Tax Brackets and Keep Clients within Lower Adjusted Gross Income Boundaries Housing Wealth serves as the companion guide for The Certified Housing Wealth Advisor (CHWA) Curriculum. Learn more at www.HousingWealthInstitute.com