The New Rules of Retirement: Strategies for a Secure FuturePraise for THE NEW RULES OF RETIREMENT "As a Wharton graduate, money manager, Chief Financial Officer, and Certified Financial Analyst, I didn't think I needed help in making investment choices and planning for my retirement. I was wrong. I have been a subscriber to Retirement Watch since 1997. I trust Bob Carlson completely and follow his investment, tax, and planning advice personally." --Sandy Kagan, CFA CFO Partner, Tatum Partners "A clear, practical, and wisely unconventional guide to the new world of retirement." --Humberto Cruz Nationally syndicated financial columnist, Tribune Media Services "Bob Carlson does a magnificent job preparing readers for the many challenging issues they will face over the next several decades. Retirees can no longer count on generous asset returns and employer-provided defined benefit plans. Bob provides readers with creative approaches for contending with these challenges to help ensure financially and emotionally secure 'freedom years'." --Lawrence E. Kochard, PhD, CFA Chief Investment Officer, Georgetown University "Bob Carlson shows that three trends--demographics (baby boomers), increasing longevity, and fewer offspring--have changed forever the landscape facing America's retirees. Stereotype retirement based on Social Security and employer pensions is out; making ends meet on your own is in. Better get yourself ready--and you can do so by reading this book." --James C. Miller III Former U.S. Budget Director, Chairman of The CapAnalysis Group, LLC |
Contents
Chapter 1 The Wave Is Coming | 1 |
Chapter 2 Retirement Becomes a Process | 15 |
Chapter 3 How Much Will You Need? | 24 |
Chapter 4 Maximizing Social Security Benefits | 41 |
Chapter 5 The New Rules of Investing | 57 |
Chapter 6 How Much Can You Spend? | 76 |
Chapter 7 Make Your Own Health Care Reform | 84 |
Chapter 8 Solving the LongTerm Care Puzzle | 106 |
Chapter 9 The Grandkids Need Your Help More Than Ever | 122 |
Other editions - View all
The New Rules of Retirement: Strategies for a Secure Future Robert C. Carlson No preview available - 2004 |
The New Rules of Retirement: Strategies for a Secure Future Robert C. Carlson No preview available - 2004 |
Common terms and phrases
activities addition allow Americans amount annual annuity assets average avoid begin beneficiary benefits bonds Boomers capital changes chapter consider contributions cost coverage covered decline deductions determine distributions drug early earned employer estimate example expectancy expenses factors fees funds future gains gift give grandchild grandparent higher included income income taxes increase individual inflation inherited interest investment investor least less limit living long-term longer look losses lower manage means Medicare ment mutual funds nursing home offer older options owner payments percent period person portfolio possible premiums probably purchased reason receive reduce result retirement returns Roth IRA rules savings Social Security spending spouse stocks strategy tax rate taxable account taxpayers term trust types usually variable