Retirement income for life : getting more without saving more / Frederick Vettese.

Format:

Book

Author/Creator:

Vettese, Frederick, author.

Language:

English

Subjects (All):

Finance, Personal.

Retirement income--Canada--Planning.

Retirement income.

Physical Description:

1 online resource (266 pages)

Edition:

Third edition.

Place of Publication:

Toronto, Ontario : ECW Press, 2024.

Summary:

Drawing down one's savings in retirement is something very few retirees do well. They often outlive their money, systematically underspend for fear of outliving their money, or employ inefficient and wasteful drawdown strategies. Retirement Income for Life provides five enhancements that will greatly improve the odds of your retiring well.

Contents:

Front Cover

Copyright

Dedication

Contents

List of Figures and Tables

Preface

Introduction

Part I: Identifying the Decumulation Problem

Chapter 1: Who Should Read This Book?

Chapter 2: The Thompsons Are Ready to Retire

Chapter 3: Trouble Looms

Chapter 4: Coping with Spending Shocks

Chapter 5: Improving on the 4-Percent Rule

Chapter 6: Withdrawal Strategies to Avoid

Chapter 7: Investment Risk

Chapter 8: What if You See a Black Swan?

Chapter 9: Where the Thompsons Stand

Chapter 10: Understanding CPP and OAS

Part II: A Five-Part Solution

Chapter 11: Enhancement 1 Reducing Fees

Chapter 12: Enhancement 2 Transfer Risk to the Government

Chapter 13: Why So Few People Defer Their CPP Pension

Chapter 14: Enhancement 3 Transfer Even More Risk

Chapter 15: Enhancement 4 Using PERC

Chapter 16: Can We Do Even Better?

Chapter 17: Optimizing the Enhancements

Chapter 18: Enhancement 5 Have a Backstop

Part III: Exploring Other Situations

Chapter 19: What if One Spouse Dies Young?

Chapter 20: How Early Retirement Changes Everything

Chapter 21: Not Yet Ready to Retire?

Chapter 22: High-Net-Worth Couples

Chapter 23: Retiring Single

Part IV: Tying up Loose Ends

Chapter 24: Tax Considerations

Chapter 25: When Real Estate Is Part of Your Portfolio

Chapter 26: What if Inflation Stays High?

Chapter 27: What if Your Investment Returns Are Good?

Chapter 28: Super-Savers and YOLOs

Chapter 29: Where Do Bequests Fit In?

Part V: Making It Happen

Chapter 30: Lingering Doubts?

Chapter 31: Making the Strategy a Reality

Chapter 32: A Message for Employers

Appendix A: Summary of Takeaways

Appendix B: Summary of LIFs and RRIFs

Appendix C: Assumptions Underlying PERC

Acknowledgements

Index

About the Author

Back Cover.

Notes:

Description based on publisher supplied metadata and other sources.

Description based on print version record.

Other Format:

Print version: Vettese, Frederick Retirement Income for Life

ISBN:

9781778522390

1778522394

OCLC:

1410592477