Buying Time: Trading Your Retirement Savings for Income and Lifestyle in Your Prime Retirement Years

Front Cover
Wiley, Jan 22, 2008 - Business & Economics - 320 pages
0 Reviews

Buying Time begins where most other retirement books end. Instead of covering how to accumulate money for your retirement, it gives you direction from that point forward-how to draw upon your assets most efficiently to create the income you will need throughout retirement. It provides an integrated approach to planning your income in retirement, so that you can do everything you want and still cover everything you need.

Buying Time will help you to make better use of your resources, and make the best of your prime retirement years.

  • Explains how to set your lifestyle objectives and plan for the best use of your money in retirement.
  • Cover different strategies for different stages of retirement, so that you can make the best of your prime years while still providing for contingencies and long-term health considerations.
  • Fully updated, this revised edition includes information on: adjustments in tax rates and tax credits; new and amended tax legislation; major changes to the pension income-splitting rules; new financial products and investment options for people in retirement; and more.
  • A proven, integrated, four-part approach to retirement planning: structuring and planning income, investing during retirement, health-risk management, and wealth transfer.
  • Offers advice on how to work with an advisor to create and implement a plan that's right for you.
  • Includes practical examples, illustrations, forms, and checklists.

Buying Time offers practical, proven strategies that readers can apply at every stage of retirement, from the "golden years' to the "olden years."

What people are saying - Write a review

We haven't found any reviews in the usual places.

About the author (2008)

Daryl Diamond is a recognized leader in the financial services industry. His practice, Diamond retirement Planning Ltd., focuses on advising pre-retirement and retirement clients on the income structures, investment strategies, and estate conservation issues that are unique to that group. He is also active in educating both advisors and their clients on retirement planning. He runs two seminar programs, Prime Approach and PlanSmart, across Canada. Daryl develops educational materials for financial services clients, and is a frequent speaker at industry conferences. He has also created a training program for financial advisors on retirement income planning, called Maximum Income Strategies.

Bibliographic information