The Bogleheads' Guide to Retirement Planning
Whatever your current financial situation, you must continue to strive for a viable retirement plan by finding the most effective ways to save, the best accounts to save in, and the right amount to save, as well as understanding how to insure against setbacks and handle the uncertainties of a shaky economy.
Fortunately, the Bogleheads, a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, are here to help. Filled with valuable advice on a wide range of retirement planning issues, including some pearls of wisdom from Bogle himself, The Bogleheads' Guide to Retirement Planning has everything you need to succeed at this endeavor.
- Explains the different types of savings accounts and retirement plans
- Offers insights on managing and funding your retirement accounts
- Details efficient withdrawal strategies that could help you maintain a comfortable retirement lifestyle
- Addresses essential estate planning and gifting issues
With The Bogleheads' Guide to Retirement Planning, you'll discover exactly what it takes to secure your financial future, today.
PART I THE BASICS
CHAPTER 1 THE RETIREMENT PLANNING PROCESS BY THOMAS L. ROMENS 3
CHAPTER 2 UNDERSTANDING TAXES BY NORMAN S. JANOFF 21
PART II SAVINGS ACCOUNTS AND RETIREMENT PLANS
CHAPTER 3 INDIVIDUAL TAXABLE SAVINGS ACCOUNTS BY DAN KOHN 35
CHAPTER 4 INDIVIDUAL RETIREMENT ARRANGEMENTS BY JIM DAHLE 47
CHAPTER 5 DEFINED BENEFIT EMPLOYER RETIREMENT ACCOUNT BY THE FINANCE BUFF 61
CHAPTER 6 DEFINED CONTRIBUTION PLANS BY DAN KOHN 77
CHAPTER 7 SINGLE-PREMIUM IMMEDIATE ANNUITIES BY DAN SMITH 91
PART III MANAGING YOUR RETIREMENT ACCOUNTS
CHAPTER 8 BASIC INVESTING PRINCIPLES BY BOB DAVIS 119
CHAPTER 9 INVESTING FOR RETIREMENT BY DAVID GRABINER AND ALEX FRAKT 135
CHAPTER 10 FUNDING YOUR RETIREMENT ACCOUNTS BY DAVID GRABINER AND IAN FORSYTHE 151
PART IV THE RETIREMENT PAYOFF
CHAPTER 11 UNDERSTANDING SOCIAL SECURITY BY DICK SCHREITMUELLER 169
CHAPTER 12 WITHDRAWAL STRATEGIES BY CAROL TOMKOVICH 187
CHAPTER 13 EARLY RETIREMENT BY JEFF MCCOMAS 201
PART V PROTECTING YOUR ASSETS
CHAPTER 14 INCOME REPLACEMENT BY LEE E. MARSHALL 221
CHAPTER 15 HEALTH INSURANCE BY LEE E. MARSHALL 239
CHAPTER 16 ESSENTIALS OF ESTATE PLANNING BY ROBERT A. STERMER 255
CHAPTER 17 ESTATE AND GIFT TAXES BY ROBERT A. STERMER 273
PART VI FINDING GOOD ADVICE WHEN YOU NEED IT
CHAPTER 18 SEEKING HELP FROM PROFESSIONALS BY DALE C. MALEY AND LAUREN VIGNEC 285
CHAPTER 19 DIVORCE AND OTHER FINANCIAL DISASTERS BY DAVID RANKINE 303
CHAPTER 20 MEET THE BOGLEHEADS BY TAYLOR LARIMORE AND MEL LINDAUER 315
APPENDIX I: PEARLS OF WISDOM 327
APPENDIX II: RECOMMENDED READING 333
ABOUT THE EDITORS 351
MEL LINDAUER was dubbed "the Prince of the Bogleheads" by Jack Bogle. Together with Taylor Larimore, he initiated and continues to organize the grassroots Bogleheads annual meetings. Lindauer has been quoted in a number of newspapers and magazines and has appeared on CNNfn.
RICHARD A. FERRI, CFA, is a key member of the growing Bogleheads "brain trust" and founder and CEO of the investment firm, Portfolio Solutions, LLC. He is the author of seven books, including The ETF Book: All You Need to Know About Exchange-Traded Funds and The Power of Passive Investing, both published by Wiley.
LAURA F. DOGU, called "the Queen of the Bogleheads," participated as an investment panelist during the Bogleheads meetings for the last four years. Dogu is a career Foreign Service Officer with the U.S. Department of State.