Product Description 
The Retirement Planning Guidebook helps you navigate through the important decisions to prepare for your best retirement. You will have the detailed knowledge and understanding to make smart retirement decisions: 
- Understand your personal retirement income style, which can then help you navigate through the conflicting opinions about retirement strategies to choose your right path. 
- Learn about investment and insurance tools that may best resonate with your personal style. 
- Determine if you are financially prepared for retirement by quantifying your financial goals (annual spending, legacy, and reserves for the unexpected) and comparing them to your available assets. 
- Make smart decisions for when to start Social Security benefits, which could potentially support an additional $100,000 or more of lifetime income from Social Security. 
- Develop a plan for making the best initial and ongoing choices from the alphabet soup of Medicare options, as well as how to find health coverage if you retire before Medicare eligibility. 
- Assess where you wish to live in retirement and whether there are helpful ways to incorporate housing wealth into your retirement strategy. 
- Decide how to manage your long-term care risk between self-funding, Medicaid, or private insurance, and take steps to support living at home for as long as possible. 
- Understand how to manage your taxes to pay less, to avoid common pitfalls, and to have more for your lifetime and your legacy. You will be able to apply tax diversification, asset location, tax bracket management, and Roth conversions to enhance the sustainability of your retirement assets. 
- Get your finances organized and understand how to get your estate and incapacity planning documents in order, including your will, account titling, beneficiary designations, financial power of attorney, and advance health care directives. 
- Identify whether there is a role for trusts in your estate plan for reasons related to avoiding probate, controlling how and when assets are disbursed, obtaining creditor protections, or helping to manage estate taxes. 
- Prepare for the non-financial aspects of retirement, including the need to find purpose and passion, to understand if there is a role for work in retirement, to enhance relationships and social connections, and to maintain an active and healthy lifestyle. 
Retirement has an entire vocabulary associated with it. We’ll demystify the 4% rule, sequence-of-return risk, time segmentation and buckets, reverse mortgages, income annuities, variable annuities, fixed index annuities, long-term care insurance, living trusts, irrevocable trusts, budgeting, the funded ratio, Medicare Advantage, Medicare supplements, diversified investment portfolios, Roth conversions, the hazards of the Social Security tax torpedo and increased Medicare premiums, buffer assets, 401(k) plans and IRAs, the rollover decision, distribution options for defined-benefit company pensions, required minimum distributions, qualified charitable distributions, aging in place, cognitive decline, and so much more. 
The Retirement Planning Guidebook does not let important matters fall through the cracks. This is a comprehensive look at the key retirement decisions to achieve financial and non-financial success. You will have the foundation to make the most of your retirement years, and I hope you’ll be able to do something great! 
 Review \nAlthough the sheer amount of granular detail the author brings to the subject can seem daunting, the clarity of his explanations will smoothly carry even financially illiterate readers along.\nA readable and invaluably thorough resource for understanding retirement finances.\nKIRKUS REVIEWS\nDr. Pfau is a preeminent retirement researcher and consummate scholar. Yet, he possesses the rare trait of remaining accessible to a wide audience. Dr. Pfau's Retirement Guide is incisive, instructive, and actionable. Retirement planning is the mos

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success

Business & Money

Pfau, Wade

Finance

Retirement Researcher Media

The Retirement Planning Guidebook helps you navigate through the important decisions to prepare for your best retirement. You will have the detailed knowledge and understanding to make smart retirement decisions: 
- Understand your personal retirement income style, which can then help you navigate through the conflicting opinions about retirement strategies to choose your right path. 
- Learn about investment and insurance tools that may best resonate with your personal style. 
- Determine if you are financially prepared for retirement by quantifying your financial goals (annual spending, legacy, and reserves for the unexpected) and comparing them to your available assets. 
- Make smart decisions for when to start Social Security benefits, which could potentially support an additional $100,000 or more of lifetime income from Social Security. 
- Develop a plan for making the best initial and ongoing choices from the alphabet soup of Medicare options, as well as how to find health coverage if you retire before Medicare eligibility. 
- Assess where you wish to live in retirement and whether there are helpful ways to incorporate housing wealth into your retirement strategy. 
- Decide how to manage your long-term care risk between self-funding, Medicaid, or private insurance, and take steps to support living at home for as long as possible. 
- Understand how to manage your taxes to pay less, to avoid common pitfalls, and to have more for your lifetime and your legacy. You will be able to apply tax diversification, asset location, tax bracket management, and Roth conversions to enhance the sustainability of your retirement assets. 
- Get your finances organized and understand how to get your estate and incapacity planning documents in order, including your will, account titling, beneficiary designations, financial power of attorney, and advance health care directives. 
- Identify whether there is a role for trusts in your estate plan for reasons related to avoiding probate, controlling how and when assets are disbursed, obtaining creditor protections, or helping to manage estate taxes. 
- Prepare for the non-financial aspects of retirement, including the need to find purpose and passion, to understand if there is a role for work in retirement, to enhance relationships and social connections, and to maintain an active and healthy lifestyle. 
Retirement has an entire vocabulary associated with it. We’ll demystify the 4% rule, sequence-of-return risk, time segmentation and buckets, reverse mortgages, income annuities, variable annuities, fixed index annuities, long-term care insurance, living trusts, irrevocable trusts, budgeting, the funded ratio, Medicare Advantage, Medicare supplements, diversified investment portfolios, Roth conversions, the hazards of the Social Security tax torpedo and increased Medicare premiums, buffer assets, 401(k) plans and IRAs, the rollover decision, distribution options for defined-benefit company pensions, required minimum distributions, qualified charitable distributions, aging in place, cognitive decline, and so much more. 
The Retirement Planning Guidebook does not let important matters fall through the cracks. This is a comprehensive look at the key retirement decisions to achieve financial and non-financial success. You will have the foundation to make the most of your retirement years, and I hope you’ll be able to do something great!

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series)

The Retirement Planning Guidebook is designed to help readers navigate the key financial and non-financial decisions necessary for a successful retirement. Readers will understand the different retirement income styles and the different risks that retirees must manage, and the retirement income tools used with different retirement styles and risks. This includes investment-based approaches and insurance-based approaches such as annuities. Readers will also be provided with a framework to assess their retirement preparedness by comparing the value of retirement assets and liabilities. Additional chapters then dig deeper into other important aspects for a retirement income plan, including how to develop a strategy for claiming Social Security benefits, how to make decisions related to Medicare and other health insurance, how to structure a plan for managing long-term care needs, and how to choose retirement housing and incorporate housing wealth into the plan. This is followed by a deeper investigation of tax issues and how to structure retirement income to create the most tax-efficiency during life and for beneficiaries. With legacy planning, I also explore how to get your finances organized for incapacity and death. The focus then shifts to the nonfinancial aspects of a successful retirement, including the need to find purpose and passion, to understand if there is a role for work in retirement, to enhance relationships and social connections, and to maintain an active and healthy lifestyle. The book includes detailed action plans for decision making. The final chapter fits these pieces together into an integrated series of steps to achieve financial and non-financial success in retirement. Readers will come away with the detailed knowledge and planning steps needed to make the most of their retirement years.

The Retirement Planning Guidebook helps you navigate through the important decisions to prepare for your best retirement. You will have the detailed knowledge and understanding to make smart retirement decisions:\n- Understand your personal retirement income style, which can then help you navigate through the conflicting opinions about retirement strategies to choose your right path.\n- Learn about investment and insurance tools that may best resonate with your personal style.\n- Determine if you are financially prepared for retirement by quantifying your financial goals (annual spending, legacy, and reserves for the unexpected) and comparing them to your available assets.\n- Make smart decisions for when to start Social Security benefits, which could potentially support an additional $100,000 or more of lifetime income from Social Security.\n- Develop a plan for making the best initial and ongoing choices from the alphabet soup of Medicare options, as well as how to find health coverage if you retire before Medicare eligibility.\n- Assess where you wish to live in retirement and whether there are helpful ways to incorporate housing wealth into your retirement strategy.\n- Decide how to manage your long-term care risk between self-funding, Medicaid, or private insurance, and take steps to support living at home for as long as possible.\n- Understand how to manage your taxes to pay less, to avoid common pitfalls, and to have more for your lifetime and your legacy. You will be able to apply tax diversification, asset location, tax bracket management, and Roth conversions to enhance the sustainability of your retirement assets.\n- Get your finances organized and understand how to get your estate and incapacity planning documents in order, including your will, account titling, beneficiary designations, financial power of attorney, and advance health care directives.\n- Identify whether there is a role for trusts in your estate plan for reasons related to avoiding probate, controlling how and when assets are disbursed, obtaining creditor protections, or helping to manage estate taxes.\n- Prepare for the non-financial aspects of retirement, including the need to find purpose and passion, to understand if there is a role for work in retirement, to enhance relationships and social connections, and to maintain an active and healthy lifestyle.\nRetirement has an entire vocabulary associated with it. We'll demystify the 4% rule, sequence-of-return risk, time segmentation and buckets, reverse mortgages, income annuities, variable annuities, fixed index annuities, long-term care insurance, living trusts, irrevocable trusts, budgeting, the funded ratio, Medicare Advantage, Medicare supplements, diversified investment portfolios, Roth conversions, the hazards of the Social Security tax torpedo and increased Medicare premiums, buffer assets, 401(k) plans and IRAs, the rollover decision, distribution options for defined-benefit company pensions, required minimum distributions, qualified charitable distributions, aging in place, cognitive decline, and so much more.\nThe Retirement Planning Guidebook does not let important matters fall through the cracks. This is a comprehensive look at the key retirement decisions to achieve financial and non-financial success. You will have the foundation to make the most of your retirement years, and I hope you'll be able to do something great!

See the best price to sell, buy, or rent books by Pfau, Wade. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Pfau, Wade

See the best price to sell, buy, or rent books by Pfau, Wade. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series)

Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series)