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

Milevsky, Moshe A.; Macqueen, Alexandra C.

ISBN 10: 1119025257 / ISBN 13: 9781119025252

Editore: Wiley, 2015

May have limited writing in cover pages. Pages are unmarked. ~ ThriftBooks: Read More, Spend Less. Codice articolo G1119025257I4N00

Riassunto:

Guarantee your retirement income with a DIY pension

Pensionize Your Nest Egg describes how adding the newapproach of "product allocation" to the tried-and-true assetallocation approach can help protect you from the risk of outlivingyour savings, while maximizing your income in retirement.

This book demonstrates that it isn't the investor with the mostmoney who necessarily has the best retirement income plan. Instead,it's the investor who owns the right type of investment andinsurance products, and uses product allocation to allocate theright amounts, at the right time, to each product category.

This revised second edition is expanded to include investorsthroughout the English-speaking world and updated to reflectcurrent economic realities.

Readers will learn how to distinguish between the various typesof retirement income products available today, including lifeannuities and variable annuities with living income benefits, andhow to evaluate the features that are most important to meet theirpersonal retirement goals.

• Evaluate the impacts of longevity, inflation, and sequence ofreturns risk on your retirement income portfolio
• Make sense of the bewildering array of today's retirementincome products
• Measure and maximize your Retirement SustainabilityQuotient
• Learn how your product allocation choices can help maximizecurrent income or financial legacy — and how to select theapproach that's right for you
• Walk through detailed case studies to explore how to pensionizeyour nest egg using the new product allocation approach

Whether you do it yourself or work with a financial advisor,Pensionize Your Nest Egg gives you a step-by-step plan tocreate a guaranteed retirement income for life.

Informazioni sull?autore:

MOSHE A. MILEVSKY is Associate Professor of Finance at the Schulich School of Business and a member of the Graduate Faculty in the Department of Mathematics and Statistics at York University in Toronto.

ALEXANDRA C. MACQUEEN is a Certified Financial Planner professional in Toronto.

Dati bibliografici

Titolo: Pensionize Your Nest Egg: How to Use Product...
Casa editrice: Wiley
Data di pubblicazione: 2015
Legatura: Hardcover
Condizione: Very Good
Condizione sovraccoperta: No Jacket
Edizione: seconda edizione