Pensionize Your Nest Egg
Home > Health, Relationships and Personal development > Self-help, personal development and practical advice > Retirement > Pensionize Your Nest Egg: How to Use Product Allocation to Create a Guaranteed Income for Life
Pensionize Your Nest Egg: How to Use Product Allocation to Create a Guaranteed Income for Life

Pensionize Your Nest Egg: How to Use Product Allocation to Create a Guaranteed Income for Life


     0     
5
4
3
2
1



Out of Stock


Notify me when this book is in stock
X
About the Book

Table of Contents:
Preface. Introduction: Why Retirement Income Is Better than Retirement Savings. PART I WHY YOU NEED TO BUILD YOUR OWN PENSION PLAN: THE MOST PREDICTABLE CRISIS IN HISTORY. Chapter 1 The Real Pension Crisis. Up a Creek Without a Pension Paddle. Mixing Defined Benefit Apples and Defined Contribution Oranges. It Takes Two to Tango: A Basic Lesson about the Nature of True Pensions. Guarantee versus Ruin. When Is a Pension Not a Pension? There Ain't No Such Thing…as a Free Pension. The First True Pensions. Chapter 2 Planning for Longevity: Risks While Waiting for Your Return. The Grim Reaper's Coin Toss. Introducing Longevity Risk. Predicting the Future of Longevity. How Should You Insure Against Longevity Risk? Will You Get Heads…or Tails? Chapter 3 How the Sequence of Returns Can Ruin Your Retirement. How Long Will the Money Last? Clockwise Investment Returns. Counter-Clockwise Returns. Triangles, Bulls, and Bears: The Retirement Income Circus. Can Buckets Bail Out a Poor Sequence of Returns? Would Saving More Save Your Retirement? Chapter 4 Inflation: The Great Money Illusion. What Does This Mean for Retirees? The CPI-ME and the CPI-YOU. Does the CPI Measure YOUR Spending? A Reality Check for Your Retirement Spending? What Did We Learn So Far? PART II DEVELOPING A SUSTAINABLE RETIREMENT SOLUTION: THE MODERN APPROACH THAT IS HUNDREDS OF YEARS OLD. Chapter 5 Beyond Asset Allocation: Introducing the New Science of Product Allocation. Product Allocation: New Baskets for Your Nest Egg. Three Product Silos. The Spectrum of Retirement Income Silos. How Do the Silos Stack Up? Chapter 6 An Introduction to Life Annuities. Pension Contributions as Insurance Premiums. Buying a Personal Pension. Converting Your Nest Egg to Retirement Income. When Should You Buy an Annuity? Annuities versus GICs. Is the Annuity Gamble Worth It? Great-Grandma's Gamble. The Power of Mortality Credits. What about 50-Year-Olds? Should They Buy Personal Pensions? What about Interest Rates? How Can I Use Annuities to Protect against Inflation? Unique and Peculiar Insurance. Chapter 7 A Review of Traditional Investment Accounts. Asset Allocation in Your SWP. What Should You Put in the SWP? Chapter 8 Introducing the Third Silo—Guaranteed Lifetime Withdrawal Benefit Products. Guarantees and Growth: How GLWBs Work. GLWBs: Issuers, Features, and Benefits. Chapter 9 Your Retirement Sustainability: Fundamental Concepts in Retirement Income Planning. Which Glasses Will You Wear? How Many Eggs Can You Withdraw from Your Nest? What Should You Protect Against: Floods or Meteorites? Do You Feel Lucky? Pensions, Survival Probabilities, and Spending in Retirement. Pensions Change Game. How Does Pensionization Impact Your Retirement Sustainability Quotient? Pension Annuities: Step-by-Step Math. The True Gift of Pensionization. Chapter 10 The Most Difficult Question You Will Ever Have to Answer (About Your Retirement). Retirement Sustainability or Financial Legacy? Pricing Your Inheritance. Finding Your Spot on the Frontier. Chapter 11 Divvying Up Your Nest Egg. What is the Cost to Pensionize? When Should You Pensionize? Summary of Part II. PART III THE SEVEN STEPS TO PENSIONIZE YOUR NEST EGG. Chapter 12 Step 1: Identify Your Desired Retirement Income. Step 1 - Identify Your Desired Retirement Income. Estimating Your Desired Income from the Top Down. Estimating Your Desired Income from the Ground Up. Recap of Step 1. Chapter 13 Step 2: Estimate Your Existing Pensionized Income. Canada's Public Pensions. Old Age Security. The Guaranteed Income Supplement. The Quebec and Canada Pension Plans. How Much Will You Receive? Benefits from a Defined Benefit Pension Plan What If I'm Worried about the Future of My DB Pension Plan? Timing the Retirement Decision. Completing Step 2. Recap of Step 2. Chapter 14 Step 3: Determine Your Pension Income Gap. Your Average Tax Rate. Your Pension Income Gap. Adjusting for Inflation. Recap of Step 3. Chapter 15 Step 4: Calculate Your Retirement Sustainability Quotient. What Kind of Eggs Do You Have in Your Nest? Filling the Gap. Recap of Step 4. Chapter 16 Step 5: Assess Your Plan: Is It Sustainable? Recap of Step 5. Chapter 17 Step 6: Calculate Your Financial Legacy Value. Recap of Step 6. Chapter 18 Step 7: Use Product Allocation to Pensionize the Right Fraction of Your Nest Egg. Case Study: Jack and Jill Go Up the Hill (to Fetch a Retirement Income Plan). Step 1: Identify Your Desired Retirement Income. Step 2: Estimate Your Existing Pensionized Income. Step 3: Determine Your Pension Income Gap. Step 4: Calculate Your Retirement Sustainability Quotient. Step 5: Assess Your Plan: Is It Sustainable? Plan A: Spend Less. Plan B: Pensionize a Fraction of Your Nest Egg by Buying an Annuity. Step 6: Calculate Your Financial Legacy Value. Step 7: Use Product Allocation to Pensionize Your Nest Egg. Summary of Part III. Final Thoughts. Notes. Bibliography. Acknowledgements. About the Authors Index.

About the Author :
MOSHE A. MILESKY, Ph.D., is an author, researcher and professor at York University in Toronto, Canada. ALEXANDRA C. MACQUEEN is a Certified Financial Planner professional who works as a project manager at The QWeMA Group in Toronto, Canada.


Best Sellers


Product Details
  • ISBN-13: 9780470952290
  • Publisher: John Wiley & Sons Inc
  • Publisher Imprint: John Wiley & Sons Inc
  • Language: English
  • Sub Title: How to Use Product Allocation to Create a Guaranteed Income for Life
  • ISBN-10: 0470952296
  • Publisher Date: 08 Oct 2010
  • Binding: Digital (delivered electronically)
  • No of Pages: 210


Similar Products

Add Photo
Add Photo

Customer Reviews

REVIEWS      0     
Click Here To Be The First to Review this Product
Pensionize Your Nest Egg: How to Use Product Allocation to Create a Guaranteed Income for Life
John Wiley & Sons Inc -
Pensionize Your Nest Egg: How to Use Product Allocation to Create a Guaranteed Income for Life
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

Pensionize Your Nest Egg: How to Use Product Allocation to Create a Guaranteed Income for Life

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals


    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!