Retirement Books

Book SynopsisStop risking everything to make your investment advisor rich The stock market crash of 2008 proved one thing: traditional retirement planning advice simply doesn''t work. The risks are too enormous. Trusting the stock market is like gambling with your family''s future. But how do you plan for retirement without risking everything? Enough Bull shows you how, with an easy-to-understand, simple-to-apply strategy for a better retirement. Enough Bull overturns the conventional wisdom about retirement planning, and offers the simple secrets to securing a comfortable retirement. In an accessible and straightforward style, this practical guide explains how it''s possible to save for retirement starting later in life, retire comfortably on less money, and incur less risk. Updated to apply to both the U.S. and Canada, this new second edition offers a message of hope for average, cash-strapped baby boomers by detailing a step-by-step plan for avoiding all the trapsTable of ContentsAbout the Author xiii Acknowledgements xv Introduction 1 The Fall of 2008 1 Angry yet? 3 Why I Wrote this Book 3 Your Retirement Journey 4 Down the River 5 Uh-Oh, it’s the Niagara River 5 Retirement Journey: Plan B 7 Here’s What They Don’t Want You to Know 7 PART ONE: THE ANTIDOTE - A SIX POINT PLAN FOR FINANCIAL FREEDOM 9 Chapter 1—Avoid Personal Financial Disasters 13 The Ponzi Scheme 14 Bernie Madoff 16 Our Very Own Canadian Fraud 18 What Did the “Average” Victim Look Like? 19 How Did Investors Become Involved in Eron? 20 What Steps Did They Take Before Investing? 20 Why Did They Invest? 21 Where Did They Get the Money? 21 The Lessons of Eron 21 Extraordinary Popular Delusions 22 Other Potential Disasters 23 Credit Card Disease 23 Taking Out a Mortgage on Your Home to Invest 24 The Latest Stock Chase 24 Trusting Your “Friends” 24 Mortgage Fraud 24 How to Prevent Personal Financial Disasters 24 Conclusion 25 Chapter 2—You Don’t Need the Stock Market or Mutual Funds 27 The Worldwide Economic Meltdown 27 The United States 29 The Recovery 31 What Caused the Meltdown 32 The Vicious Spiral 34 Who Wants to be Rich? 35 Why You Don’t Need Stocks 36 Why You Don’t Need Mutual Funds - Risk 37 Mutual Fund Risks 38 Those Darn Mutual Fund Fees! 43 1. Fees and Expenses Payable Directly by You 43 2. Fees and Expenses Payable by the Fund or Portfolio 45 We Won’t Get Fooled Again 49 The Canada Deposit Insurance Corporation 50 The Advantages of GICs 54 Why They Try to Make Even GICs Complicated 55 How and Why They Bash GICs 56 The Laddered GIC 57 Getting the Best GIC rates 60 Consider a Deposit Broker 61 Who Regulates Deposit Brokers? 63 Fiscal Agents 64 GIC Rates of the Future 68 Chapter 3—Buy a Home and Pay off the Mortgage 69 Gains in Value are Tax-Free 70 Source of Cash 70 Source of Retirement Funds 70 Should I Buy a House? 71 Can I Afford a House? 72 Gross Debt Service Ratio (GDS) 72 Total Debt Service Ratio (TDS) 72 Just How Much House Can You Afford? 72 Saving For the Down Payment 73 Buying With Less Than 20% Down 74 WARNING: Mortgage Companies Love Selling Mortgage Life Insurance! 74 Pre-Approved Mortgages 76 What if I don’t qualify? 77 Your Credit Report 77 What is in a Credit Report 78 How to Get a Free Copy of Your Credit Report 79 Getting Your Credit Report Online 79 What is a FICO Credit Score? 80 What Affects Your Credit Score? 80 An Important Warning: 80 How to Improve Your Credit Score 81 Your Home as an Investment 82 “The Best Investment I Ever Made” 84 Chapter 4—Reducing Expenses Doesn’t Have to Be Painful 85 Reducing the Interest You Pay 85 The Spending Years 86 Reducing the Amount of the Debt 86 Reducing the Interest Rate on the Debt 88 Debt and the Economy 90 Reducing Taxes 91 How to Calculate Your Tax Bill 91 Happy New Year – Here’s Your Reduced Paycheck 92 Marginal Tax Rates 94 Pension Income Splitting 96 What You Can’t Split 97 How to Split Pension Income 98 Benefits of Splitting Pension Income 99 How Much Pension Income to Transfer 100 How to Claim the Pension Income Amount 101 Spousal RRSPs: Still a Useful Tool 101 Self-Employment – King of the Income Splitters 103 But I Don’t Know Anything About Being Self-Employed 106 Self-Employment Does Not Have to Be Complicated 106 Conclusion 107 Chapter 5—Forget RRSPs Until Your Debt is Paid Off (The Opportunity Zone) 109 Pretend the Stock Market Does Not Exist 109 The RRSP Fallacy 110 Compound This 113 The Tax Turbo-Charged RRSP 113 A Word about Your RRSP Limit 113 Do You Trust the Stock Market? 114 Those Ugly Fees 115 Don’t Put All Your Eggs in One Basket 115 Conclusion 116 Chapter 6—You May Not Need an Investment Advisor 117 My Story 118 What I Did Next 120 What to Look for in an Investment Advisor 121 For Those Who Have a Lousy Advisor 121 No Advisor is Better than a Bad One 122 Henry’s Story 122 Conclusion 127 PART TWO: THE DETAILS 129 Chapter 7—The Canada Pension Plan 131 What is the Canada Pension Plan? 131 How they Calculate CPP premiums 132 How they Calculate the CPP Pension 132 How the CPP adjusts for Inflation: The YMPE 132 CPP Pension 133 The New CPP Rules 134 Early election penalty 134 Deferring election premium 135 Removal of work cessation test 135 Post-Retirement Benefit (PRB) 135 Drop-out Provision 136 How to Apply for your CPP Pension 136 My Service Canada Account 138 How to Register for My Service Canada Account 138 How to Calculate your CPP Retirement Pension 140 Money Saving Tip – CPP Pension Sharing 146 CPP Pension Sharing Example 146 When Should I Elect to Receive CPP? 148 Step 1 149 Step 2 149 Step 3 149 Step 4 149 Warnings 149 Catch #1 150 Catch #2 150 Catch #3 151 Conclusion 151 Chapter 8—The Money Maximizer 153 Why Work Against the Taxman? 153 The Value of Time 154 The Time Value of Money 155 The Money Maximizer Spreadsheet 155 Meet Pat and Jane 157 Pat and Jane: The Assumptions 161 Pat and Jane: The Results 162 Pat and Jane Try Income Splitting 163 Putting the RRSP “Start Late” Theory to the Test 164 Pat’s Turbo-Charged RRSP 166 Conclusion 167 Chapter 9—Retiring Without the Stock Market 169 The Devastating Effect of the Crash 170 Are You Going to Throw Good Money after Bad? 170 You Can Still Retire Well 171 1. CPP Pension Splitting 173 2. Electing CPP early 173 3. RRSP/RRIF Income Splitting 173 4. Extending Your Retirement Date 173 Other Ideas 174 Conclusion 174 Chapter 10—You May Not Need an RRSP 175 A Common Misconception 175 Alternatives to RRSPs 175 Investing Outside Versus Inside an RRSP 176 Investing in Real Estate 179 Investing in Your Own Business 180 Invest in a Tax Free Savings Account 180 The TFSA as an Income Splitter 182 Opportunity for Retirees 182 Does Anyone Have $5,500 Outside a Registered Account? 183 Why the TFSA is Better than an RRSP for Home Buyers 183 The RRSP Home Buyers’ Plan 184 Keeping Profits in a Corporation 185 Conclusion 185 Chapter 11—The Antidote Summary 187 1. Avoid Personal Financial Disasters 187 2. You Don’t Need the Stock Market or Mutual Funds 187 3. Buy a Home and Pay Off the Mortgage 188 4. Reducing Expenses Doesn’t have to be Painful 188 5. Forget RRSPs Until Your Debt is Paid Off (the Opportunity Zone) 188 6. Ask Yourself if You Really Need an Investment Advisor 188 Index 189

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Book SynopsisYour guide to navigating today's workplace and snagging that perfect job Whether you're searching for a new job by choice or necessity, consider this book your life raft.Table of ContentsIntroduction 1 Part I: Getting Started with Finding a Job After 50 5 Chapter 1: Scoping Out Your Prospects 7 Chapter 2: Using Skills to Your Advantage 31 Chapter 3: Harnessing the Power of Other People 47 Chapter 4: Tackling Common Financial Issues 69 Part II: Launching Your Job Search 85 Chapter 5: Scoping Out Promising Job Markets 87 Chapter 6: Joining the Growing Ranks of the Self‐Employed 115 Chapter 7: Dealing with Special Circumstances 141 Part III: Marketing Yourself 155 Chapter 8: Rehabbing Your Résumé and Cover Letter 157 Chapter 9: Creating a Strong Online Presence 179 Chapter 10: Marketing Yourself on LinkedIn 205 Chapter 11: Clearing the Application Hurdle 229 Part IV: Taking the Stage: The Interview and Its Aftermath 241 Chapter 12: Prepping for a Job Interview 243 Chapter 13: Acing Your Job Interview 263 Chapter 14: Negotiating for What You Want 279 Part V: The Part of Tens 299 Chapter 15: Ten Great Jobs for Workers Over 50 .301 Chapter 16: Ten Common Interview Questions Answered 307 Chapter 17: Ten Steps for Career Changers 313 Index 321

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Book SynopsisGuarantee your retirement income with a DIY pension Pensionize Your Nest Egg describes how adding the new approach of product allocation to the tried-and-true asset allocation approach can help protect you from the risk of outliving your savings, while maximizing your income in retirement. This book demonstrates that it isn''t the investor with the most money who necessarily has the best retirement income plan. Instead, it''s the investor who owns the right type of investment and insurance products, and uses product allocation to allocate the right amounts, at the right time, to each product category. This revised second edition is expanded to include investors throughout the English-speaking world and updated to reflect current economic realities. Readers will learn how to distinguish between the various types of retirement income products available today, including life annuities and variable annuities with living income benefits, and how to evaTable of ContentsList of Exhibits xi Preface xv Preface to the Second Edition xv Preface to the First Edition xvii How to Use This Book xviii Introduction: Why Retirement Income Is Better than Retirement Savings 1 PART ONE: WHY YOU NEED TO BUILD YOUR OWN PENSION PLAN: THE MOST PREDICTABLE CRISIS IN HISTORY 7 Chapter 1: The Real Pension Crisis 9 Up a Creek without a Pension Paddle 11 Mixing Defined Benefit Apples and Defined Contribution Oranges 12 It Takes Two to Tango: A Basic Lesson about the Nature of True Pensions 22 Guarantee versus Ruin 23 When Is a Pension Not a Pension? 24 There Ain’t No Such Thing … as a Free Pension 25 The First True Pensions 27 Chapter 2: Planning for Longevity: Risks While Waiting for Your Return 31 The Grim Reaper’s Coin Toss 35 Introducing Longevity Risk 36 Predicting Future Longevity 39 How Should You Insure against Longevity Risk? 41 Will You Get Heads … or Tails? 41 Chapter 3: How the Sequence of Returns Can Ruin Your Retirement 43 How Long Will the Money Last? 44 Clockwise Investment Returns 47 Counterclockwise Returns 49 Triangles, Bulls, and Bears: The Retirement Income Circus 51 Can Buckets Bail Out a Poor Sequence of Returns? 52 Chapter 4: Inflation: The Great Money Illusion 55 What Does This Mean for Retirees? 58 The CPI-ME and the CPI-YOU 60 Does the CPI Measure Your Spending? 62 A Reality Check for Your Retirement Spending 63 What Have We Learned So Far? 64 PART TWO: DEVELOPING A SUSTAINABLE RETIREMENT SOLUTION: THE MODERN APPROACH THAT IS HUNDREDS OF YEARS OLD 65 Chapter 5: Beyond Asset Allocation: Introducing Product Allocation 67 Product Allocation: New Baskets for Your Nest Egg 67 Three Product Silos 68 The Spectrum of Retirement Income Silos 70 How Do the Silos Stack Up? 72 Chapter 6: An Introduction to Life Annuities 73 Pension Contributions as Insurance Premiums 74 Buying a Personal Pension 75 When Should You Buy an Annuity? 77 Annuities versus Term Deposits 79 Is the Annuity Gamble Worth It? 81 Great-Grandma’s Gamble 81 The Power of Mortality Credits 83 What about 50-Year-Olds—Should They Buy Personal Pensions? 84 What about Interest Rates? 87 How Can I Use Annuities to Protect against Inflation? 89 Unique and Personal Insurance 90 Chapter 7: A Review of Traditional Investment Accounts 93 Asset Allocation in Your SWP 95 What Should You Put in the SWP? 96 Chapter 8: Introducing the Third Silo—Annuities with Guaranteed Living Benefits 99 Guarantees and Growth: How Variable Annuities with Guaranteed Living Income Benefits Work 101 Evaluating an Annuity with Guaranteed Living Benefits: How Should You Choose? 104 Chapter 9: Your Retirement Sustainability: Fundamental Concepts in Retirement Income Planning 107 Which Glasses Will You Wear? 109 How Many Eggs Can You Withdraw from Your Nest? 110 What Should You Protect Against: Floods or Meteorites? 113 Do You Feel Lucky? Pensions, Survival Probabilities, and Spending in Retirement 114 Pensions Change the Game 114 How Does Pensionization Impact Your Retirement Sustainability Quotient? 116 Pension Annuities: Step-by-Step Math 122 The True Gift of Pensionization 124 Chapter 10: The Most Diffi cult Question You Will Ever Have to Answer (About Your Retirement) 125 Retirement Sustainability or Financial Legacy? 127 Pricing Your Inheritance 128 Finding Your Spot on the Frontier 130 Chapter 11: Divvying Up Your Nest Egg 133 Creating a Retirement Plan for Robert Retiree: Cases 1 through 10 133 What Is the Cost to Pensionize? 137 When Should You Pensionize? 140 When Should You Turn Your Living Benefi t On? 141 Chapter 12: A Deeper Look at the Promise of Pensionization: Revisiting the Two Gertrudes 147 Activating the Time Machine: Gertrude at Age 65 148 Lifetime Income: Now or Later? The Implied Longevity Yield 150 Lifetime Income: Now or Later? The Role of Changing Interest Rates 152 A Tool to Help with Your Decision: The “What If I Wait?” Analyzer 155 Moving Beyond Yield: Understanding the Cost-Benefit Trade-off of Pensionizing Your Nest Egg 157 Pensionizing: Financial and Nonfi nancial Benefits 160 Summary of Part Two 161 PART THREE: THE SEVEN STEPS TO PENSIONIZE YOUR NEST EGG 163 Chapter 13: Step 1: Identify Your Desired Retirement Income 165 Estimating Your Desired Income from the Top Down 169 Estimating Your Desired Income from the Ground Up 169 Chapter 14: Step 2: Estimate Your Existing Pensionized Income 173 Public Pensions in the United States, United Kingdom, Canada, Australia, and New Zealand 174 How Much Will You Receive? 174 Benefits from a Defined Benefit Pension Plan 175 What If I’m Worried about the Future of My DB Pension Plan? 177 Timing the Retirement Decision 177 Completing Step 2 177 Chapter 15: Step 3: Determine Your Pension Income Gap 179 Your Average Tax Rate 180 Your Pension Income Gap 181 Adjusting for Inflation 183 Chapter 16: Step 4: Calculate Your Retirement Sustainability Quotient 187 What Kind of Eggs Do You Have in Your Nest? 187 Filling the Gap 188 Chapter 17: Step 5: Assess Your Plan: Is It Sustainable? 193 Chapter 18: Step 6: Calculate Your Expected Financial Legacy 197 Chapter 19: Step 7: Use Product Allocation to Pensionize the Right Fraction of Your Nest Egg 199 Case Study: Jack and Jill Go Up the Hill (to Fetch a Retirement Income Plan) 200 Step 1: Identify Your Desired Retirement Income 201 Step 2: Estimate Your Existing Pensionized Income 202 Step 3: Determine Your Pension Income Gap 202 Step 4: Calculate Your Retirement Sustainability Quotient 203 Step 5: Assess Your Plan: Is It Sustainable? 204 Step 6: Calculate Your Expected Financial Legacy 206 Step 7: Use Product Allocation to Pensionize Your Nest Egg 207 Summary of Part Three 208 Final Thoughts 209 Notes 213 Bibliography 219 Acknowledgments 221 About the Authors 223 Index 225

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Book SynopsisRetirement planning is difficult enough without having to contend with misinformation. Unfortunately, much of the advice that is dispensed is either unsubstantiated or betrays a strong vested interest. In The Essential Retirement Guide, Frederick Vettese analyses the most fundamental questions of retirement planning and offers some startling insights. The book finds, for example that: Saving 10 percent a year is not a bad rule of thumb if you could follow it, but there will be times when you cannot do so and it might not even be advisable to try. Most people never spend more than 50 percent of their gross income on themselves before retirement; hence their retirement income target is usually much less than 70 percent. Interest rates will almost certainly stay low for the next 20 years, which will affect how much you need to save. Even in this low-interest environment, you can withdraw 5 percent or more of your retirement savings each yeTable of ContentsPreface xiii Acknowledgments xvii PART I The Retirement Income Target Chapter 1 The Road to Retirement 3 Detours 6 Chapter 2 Doubts about the 70 Percent Retirement Income Target 9 Niggling Doubts 10 Saving for Retirement Is a Two-Dimensional Problem 14 The Macro Case Against 70 Percent 15 Low-Income Workers 16 Conclusions 16 Chapter 3 Homing in on the Real Target 19 Setting the Ground Rules 19 Howard and Barb 21 Steve and Ashley 1.0 23 Steve and Ashley 2.0 27 Expressing Consumption in Dollars 29 Conclusions 30 Chapter 4 A New Rule of Thumb 33 Guiding Principles 34 Retirement Income Targets under Different Scenarios 35 General Rule of Thumb 38 Conclusions 40 PART II The Wealth Target Chapter 5 Quantifying Your Wealth Target 43 A Rough-and-Ready Estimate 43 A More Actuarial Approach 46 Chapter 6 Why Interest Rates Will Stay Low (And Why You Should Care) 53 The Rise of the Savers 54 The Japan Experience 57 Applicability to the United States and Canada 58 Possible Remedies 59 Implications 61 Chapter 7 How Spending Decreases with Age 65 Doubts 66 Quantifying the Decline in Consumption 68 Why Does Consumption Decline? 72 Next Steps 73 Chapter 8 Death Takes a Holiday 75 Present-Day Life Expectancy 77 Dispersion of Deaths 78 Who Is Benefiting the Most? 79 Why Is Mortality Improving? 80 The Future 82 Conclusions 85 Chapter 9 Estimating Your Own Life Expectancy 87 Conclusions 93 Chapter 10 Is Long-Term Care in Your Future? 95 Long-Term Care (LTC) 95 What Does LTC Entail? 96 What Are the Chances You Will Need LTC? 99 How Long Is LTC Usually Required? 101 Conclusions 102 Chapter 11 Paying for Long-Term Care 103 Typical LTC Insurance Contract 103 Does the Math Work? 105 The Verdict 108 The Consequences of Not Insuring LTC 112 Chapter 12 Putting It All Together 115 New Wealth Targets 120 Buffers 122 Conclusion 123 PART III The Accumulation Phase Chapter 13 Picking a Savings Rate 127 Historical Performance 127 Lessons Learned 129 What the Future Holds 131 Generalizing the Results 133 Chapter 14 Optimizing Your Savings Strategy 137 The Goal 138 Strategy 1: Simple 138 Strategy 2: Simple Lifecycle Approach 139 Strategy 3: Modified Lifecycle 140 Strategy 4: Variable Contribution 141 Strategy 5: The SMART Approach 142 Conclusion 143 The Third Lever 144 Methodology 144 Chapter 15 A Gentler Approach to Saving 147 Path 1: Pain Now, Gain Later 148 Path 2: Smooth and Steady Improvement 150 A Comparison in Dollar Terms 153 Conclusions 154 PART IV The Decumulation Phase Chapter 16 Rational Roulette 159 Call to Action 161 Watch Out for Your Children 163 Chapter 17 Revisiting the 4 Percent Rule 167 The 4 Percent Rule 167 Problems with the 4 Percent Rule 169 A More Rational Spending Rule 173 A Monte Carlo Simulation 176 Conclusions 177 Chapter 18 Why People Hate Annuities (But Should Still Buy One) 179 Why Annuities Should Be Popular 180 The Psychology Behind the Unpopularity 183 Tontines 184 The Insured Annuity Strategy 185 Indexed Annuities? Forget It 188 Conclusions 189 PART V Random Reflections Chapter 19 How Workplace Pension Plans Fit In 195 Why Employers Offer Workplace Plans 196 Getting the Most out of Your Workplace Plan 198 How a Workplace Pension Plan Affects Your Dollar Target 202 Online Forecast Tools 203 Chapter 20 Bubble Trouble 205 Why Worry about Financial Bubbles? 206 Examples of Recent Financial Bubbles 207 Common Characteristics 211 The Everything Bubble 212 Chapter 21 Carpe Diem 215 The Numbers 217 Healthy Life Years 219 Trends 221 Personal Genome Testing 222 Chapter 22 A Life Well Lived 225 Retirement and Happiness 225 Final Thoughts 229 Appendix A Similarities between the United States and Canada 231 Social Security Programs 232 High-Level Comparison of Retirement Vehicles 235 A Tax Comparison 238 Appendix B Social Security in the United States and Canada 241 Name of Social Security Pension Plan 241 Purpose of Social Security 241 Earnings Base for Pension Calculation 242 How Pension Is Calculated 243 How the Plans Are Funded 243 Normal Retirement Age 244 Early Retirement Age 244 Delayed Retirement 245 Indexation 245 Other Government-Sponsored Pension Plans 245 Taxability 246 Appendix CRetirement Income Targets under Other Scenarios 249 Appendix D About the Assumptions Used in the Book 255 Thoughts on Conservatism 255 Assumptions Used to Estimate Personal Consumption 256 Assumptions Used to Calculate Future Retirement Savings 258 Assumptions Used to Estimate the Historical Accumulation of Savings 260 Couple Contemplating Long-Term Care Insurance 260 Assets Needed to Cover Long-Term Care (LTC) 262 About the Author 263 Index 265

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Book SynopsisNamed the 2019 Investment and Retirement Planning Book of the Year by the Institute for Financial LiteracyIt's never too late to start planning for retirement You Don't Have to Drive an Uber in Retirement is a survival guide for your golden years, and a lifeline for those entering the Retirement Crisis unprepared. Roughly 45 percent of Americans have zero dollars saved for retirementbut the average retiree will spend $154,000 in out-of-pocket health care costs alone. We need to figure out how to generate more income, even in retirement, and spend less. How do we boost our retirement income? Is investing the way to go? How much do we need, anyway? This book does more than just answer the important questionsit gives you real-world tips to help you reach your financial goals. Yes, it is possible to increase your income in or as you approach retirement. These guidelines will help you optimize your assets and put away more money for the years you'll need it most. Planning for retirement does not mean holding off on fun today; there are many ways the average American can reduce everyday costs of living without living like a pauper. This book will help you take stock of what you have and what you'll need, and show you how to bridge the gap. Maximize your savings while minimizing the lifestyle impactUnique ways for generating a meaningful amount of income, that don't require you to get a jobLearn just how much you'll need for a comfortable retirement Adopt new everyday strategies that will help you bolster your funds Add new income streams, optimize your portfolio, and learn to spend less without living lessthese are the key factors in making your golden years truly golden. You Don't Have to Drive an Uber in Retirement is an important resource and insightful guide for those hoping to one day leave the workforcein comfort.Table of ContentsForeword xi Introduction xv Part I Generating Income 1 Chapter 1 Give Yourself a Raise 3 Chapter 2 Using Options for Income 13 Chapter 3 Be the Bank 23 Chapter 4 Become the IRS: Have People Pay Taxes to You 37 Chapter 5 Get Paid More from Social Security 43 Chapter 6 You Don’t Have to Drive for Uber – But You May Want To 53 Chapter 7 The 401k You’ve Never Heard Of 61 Part II Cutting Costs 67 Chapter 8 Lower Your Medicare Costs 69 Chapter 9 Medical Tourism 75 Chapter 10 Pay Less for Your Medicine 81 Chapter 11 Pay Less in Taxes 87 Chapter 12 Lower Your Investment Costs 95 Chapter 13 How to Buy a Car for 25% Off 103 Chapter 14 How to Travel for Less 109 Part III Small Ideas That Add Up 117 Chapter 15 Small Ideas That Add Up 119 Part IV Ideas I Don’t Like 141 Chapter 16 The Worst Investment You Can Make 143 Chapter 17 Lose Your Life Insurance 153 Chapter 18 Reverse Mortgages 163 Conclusion 167 About the Author 169 Acknowledgments 171 Index 173

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Book SynopsisLong-Term Care: Planning for Finance, Medical, and Living Expenses We're living exciting bonus yearsdecades that our parents and grandparents didn't have. But how to navigate this complex terrain? Questions abound around long-term care planning: Where to live? How to get the best medical care? What to do about advance directives, wills and trusts, and estate planning? And how to pay for it all after you retire? Getting accurate information and answers wasn't easy. Until now. AARP's Navigating Your Later Years For Dummies helps you and your family understand the growing range of opportunities. Even more importantly, it helps you chart the next steps to live the life you choose, as independently as you choose, no matter your specific circumstances and needs. This book: Covers home modifications so that you can stay at home safely for as long as you likeLays out the opportunities and costs associated with independent living, assisted living and other optionsGives you a range of drivinTable of ContentsIntroduction 1 Part 1: Getting Started with Navigating Your Later Years 5 Chapter 1: Looking Ahead: The Big Picture 7 Chapter 2: A Personal Inventory: Past, Present, and Future 21 Chapter 3: Finding Services 31 Chapter 4: Making Decisions: A Family Affair 43 Part 2: Choosing Where to Live 53 Chapter 5: Staying in Your Home 55 Chapter 6: Under One Roof: Generations Living Together 73 Chapter 7: Downsizing for Now and Later 87 Chapter 8: Assisted and Independent Living and Other Group Settings 95 Chapter 9: Beyond Your Home: Living in a Community 113 Chapter 10: Getting Around: Transportation Options 125 Part 3: Legal and Financial Planning 139 Chapter 11: Unraveling the Rules of Medicare and Medicaid 141 Chapter 12: Paying for Care: Long-Term Care Insurance and Other Options 161 Chapter 13: Financial Matters: Money Management, Wills, Trusts, and More 177 Part 4: Managing Your Healthcare 193 Chapter 14: Choosing Good Medical Care 195 Chapter 15: Demystifying Home Care 211 Chapter 16: Understanding the Different Roles of Nursing Homes 227 Chapter 17: Getting the Healthcare You Want (And Avoiding What You Don’t Want) 241 Part 5: Services for Special Groups 253 Chapter 18: LGBT Older Adults 255 Chapter 19: Services for Veterans 269 Chapter 20: Family Caregivers 283 Part 6: The Part of Tens 305 Chapter 21: Ten Myths about Aging and Future Care 307 Chapter 22: Ten Resources with State-by-State Information 317 Part 7: Appendixes 325 Appendix A: Glossary 327 Appendix B: Resources 339 Index 347

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Book SynopsisThe long-term future of the American Social Security system which provides retirement, disability, and survivor benefits to millions, is uncertain. This is triggering big concerns for many workers who are paying into the system and need to make decisions about their retirement. This book features real-world situations around Social Security and Medicare to help financial professionals provide better advise to their clients on their personal financial plans. Key topics include: What Medicare will and will not do Managing Medicare gaps Analyzing the wide menu of Social Security benefits Social Security benefits for workers and families: retirement, survivor, disability, and death benefit Tax impact of Social Security premiums and benefits Impact of the 3.8 percent Medicare surtax on investment income Recent changes to the Medicare law Table of ContentsChapter 1 1-1 How the Social Security System Operates 1-1 FICA tax 1-4 Medicare tax 1-6 Medicare tax on earned income 1-7 Medicare tax on net investment income 1-10 Not everyone is covered under Social Security 1-13 Summary 1-15 Chapter 2 2-1 Benefit Eligibility 2-1 Summary 2-8 Chapter 3 3-1 Social Security Retirement Benefits 3-1 Retirement benefits 3-3 AIME 3-5 Calculating the PIA 3-7 Reduction in benefits for claiming benefits early 3-11 Delaying Social Security retirement benefits 3-14 Spousal retirement benefits 3-16 Working after retirement 3-23 Summary 3-25 Chapter 4 4-1 Social Security Survivors’ Benefits 4-1 No benefits in the month of death 4-3 Children’s benefits 4-10 Dependent parent’s benefits 4-12 Summary 4-13 Chapter 5 5-1 Disability Income Benefits 5-1 Characteristics attributable to disabled-worker beneficiaries 5-3 Medical eligibility for Social Security disability income benefits 5-13 When SSDI benefits will end 5-20 Summary 5-23 Appendix A Chapter 5, A-1 OASDI and SSI Program Rates & Limits 2019 Chapter 5, A-1 Appendix B Chapter 5, B-1 OASDI and SSI Program Rates & Limits 2018 Chapter 5, B-1 Chapter 6 6-1 Taxation of Social Security Benefits 6-1 How benefits are reported 6-3 Summary 6-10 Chapter 7 7-1 Medicare 7-1 Original Medicare 7-3 Medicare premiums and coinsurance rates Medicare Part A 7-7 Current Medicare premiums and deductibles 7-8 Are the premiums tax-deductible? 7-17 Skilled nursing care under Medicare Part A 7-20 Home healthcare coverage Under Medicare Part A 7-22 Hospice coverage Under Medicare Part A 7-25 Medicare Part B coverage 7-27 Medicare Part C Advantage plans 7-29 Medicare Part D — Prescription drugs 7-31 Medicare supplemental (Medigap) insurance 7-34 Summary 7-38 Chapter 8 8-1 The Future of Social Security and Medicare 8-1 The system is strained 8-2 Fixing the problems 8-9 Summary 8-11 Appendix A A-1 Fact Sheet A-1 Index Index 1 Solutions Solutions 1 Chapter 1 Solutions 1 Chapter 2 Solutions 2 Chapter 3 Solutions 3 Chapter 4 Solutions 4 Chapter 5 Solutions 6 Chapter 6 Solutions 8 Chapter 7 Solutions 9 Chapter 8 Solutions 11

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Book SynopsisTable of ContentsIntroduction 1 Part 1: Writing Your Next Chapter 5 Chapter 1: Gearing Up for That DD-214 Life 7 Chapter 2: Tying Your Discharge Status into Benefits 21 Chapter 3: Navigating VA Claims and Appeals 39 Part 2: Medical Care, Life Insurance, and Compensation Programs 57 Chapter 4: Helping Yourself to Health Benefits 59 Chapter 5: Exploring VA Healthcare 69 Chapter 6: Probing into TRICARE 95 Chapter 7: Securing Your Family’s Future with VA Life Insurance 111 Chapter 8: Cashing In on Military Pensions, Severance Pay, and the TSP 119 Chapter 9: Taking a Close Look at Disability Pay 137 Part 3: Employment, Education, and Housing Programs 159 Chapter 10: Applying to Employment Programs 161 Chapter 11: Transitioning from the Military to More Government Employment 177 Chapter 12: Building Your Own Business with Veterans Benefits 187 Chapter 13: Bringing Receipts: Using Your GI Bill 199 Chapter 14: Staking Your Claim on Other Education Programs 217 Chapter 15: Buying into Post-Military Life with Your VA Loan Benefit 229 Chapter 16: Enjoying Your Golden Years in a Military Retirement Home 239 Part 4: Burial and Memorial Benefits, Survivor Benefits, and More 245 Chapter 17: Accessing Benefits for Homeless Vets 247 Chapter 18: Using Benefits While Incarcerated 257 Chapter 19: Applying for Benefits for Women, Minority, and LGBTQ+ Vets 265 Chapter 20: Zeroing In on Claims for Vets of Specific Wars, Former POWs, and Disabled Vets 269 Chapter 21: Diving into Benefits for Spouses, Dependents, and Caregivers 295 Chapter 22: Examining Burial and Memorial Benefits 305 Chapter 23: Surveying Survivor Benefits 315 Chapter 24: Shopping ‘til You Drop: Benefits for Retirees and Other ID Cardholders 323 Chapter 25: Seeing the World with Travel Benefits 329 Chapter 26: Sidling up to State Veterans Benefits 337 Part 5: The Part of Tens 347 Chapter 27: Ten Ways to Get Your Disability Claim Denied 349 Chapter 28: Ten Tips to Maximize Your Benefits 353 Index 357

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Book SynopsisTable of ContentsIntroduction 1 Part 1: Making Sense of Annuities 5 Chapter 1: The ABCs of Annuities 7 Chapter 2: Taming the Big Retirement Risks 21 Chapter 3: Diving into Annuity Documents 33 Chapter 4: Weighing Annuity Pros and Cons 47 Chapter 5: Deciding Whether an Annuity Is Right for You 59 Part 2: Identifying the Major Annuities 73 Chapter 6: Earning Interest with Fixed Annuities 75 Chapter 7: Creating Retirement Paychecks with Income Annuities 91 Chapter 8: Gambling on Fixed Indexed Annuities 111 Chapter 9: Aiming Higher with Registered Index-Linked Annuities 129 Chapter 10: Tapping Variable Annuities for Tax Breaks and Income 143 Chapter 11: Aging Gracefully with Deferred Income Annuities and Qualified Longevity Annuity Contracts 161 Chapter 12: Tapping the Liquidity in Your Home 175 Part 3: Shopping in the Annuity Marketplace 189 Chapter 13: Issuing Annuities: It’s What Life Insurers Do 191 Chapter 14: Meeting the Annuity Salespeople 205 Chapter 15: Site-Seeing in the Annuity Web World 219 Chapter 16: Adding Annuities to 401(k)s 229 Part 4: Getting the Most out of Your Annuity 243 Chapter 17: Building Safe Retirement Income 245 Chapter 18: The Taxing Side of Annuities 259 Chapter 19: Recognizing Annuity Exit Ramps 269 Chapter 20: Structuring Your Annuity Correctly 277 Chapter 21: Avoiding Annuity Pitfalls 285 Part 5: The Part of Tens 295 Chapter 22: Ten Great Books about Annuities 297 Chapter 23: Ten Questions to Ask Before You Sign a Contract 303 Chapter 24: Ten Annuity Checkpoints on the Information Highway 311 Part 6: Appendixes 317 Appendix A: Glossary 319 Appendix B: State Guaranty Associations 329 Index 333

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Book SynopsisJonquil Lowe is an economist and author specializing in personal finance. With a background in stockbroking and then as head of money research at Which?, her career spans 40 years and around 30 books, the latest being The Good Retirement Guide, published by Kogan Page. She is Senior Lecturer in Economics and Personal Finance at the Open University, a Senior Fellow of the Higher Education Academy and an Associate Member of the Chartered Institute for Securities and Investments. Jonquil Lowe is based in Northampton, UK. Table of Contents Chapter - 01: Are you looking forward to retirement?; Chapter - 02: Money and budgeting; Chapter - 03: Pensions; Chapter - 04: Tax; Chapter - 05: Investment; Chapter - 06: Your home; Chapter - 07: Retiring abroad; Chapter - 08: Leisure activities; Chapter - 09: Starting your own business; Chapter - 10: Looking for paid work; Chapter - 11: Voluntary work; Chapter - 12: Health; Chapter - 13: Holidays; Chapter - 14: Caring for elderly parents; Chapter - 15: No one is immortal;

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Book SynopsisJonquil Lowe is an economist and author specializing in personal finance. With a background in stockbroking and then as head of money research at Which?, her career spans 40 years and around 30 books. She is Senior Lecturer in Economics and Personal Finance at the Open University, a Senior Fellow of the Higher Education Academy, and an Associate Member of the Chartered Institute for Securities and Investments. Jonquil Lowe is based in Northampton, UK.Trade Review"If you are retired or planning your retirement, I can recommend this book to you. It is a comprehensive one stop guide to the things you need to know in the run up to and during your retirement." * Helen Dean CBE, Pension Trustee, Nest Corporation *Table of Contents Chapter - 01: Are you looking forward to retirement?; Chapter - 02: Money and budgeting; Chapter - 03: Pensions; Chapter - 04: Tax; Chapter - 05: Investment; Chapter - 06: Your home; Chapter - 07: Retiring abroad; Chapter - 08: Leisure activities; Chapter - 09: Starting your own business; Chapter - 10: Looking for paid work; Chapter - 11: Voluntary work; Chapter - 12: Health; Chapter - 13: Holidays; Chapter - 14: Caring for elderly parents; Chapter - 15: No one is immortal;

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Book SynopsisFor most sociologists, their life's work does not end with retirement. Many professors and practitioners continue to teach, publish, or explore related activities after leaving academia. They also connect with others in the field to lessen the isolation they sometimes feel outside the ivory tower or an applied work setting. The editors and twenty contributors to the essential anthology Journeys in Sociology use a life-course perspective to address the role of sociology in their lives. The power of their personal experiences-during the Great Depression, World War II, or the student protests and social movements in the 1960s and '70s-magnify how and why social change prompted these men and women to study sociology. Moreover, all of the contributors include a discussion of their activities in retirement. From Bob Perrucci, Tuck Green, and Wendell Bell, who write about issues of class, to Debra Kaufman and Elinore Lurie, who explain how gender played a role in their careers, the diverse enTable of ContentsAcknowledgments Introduction * Rosalyn Benjamin Darling Part I: Children of the Great Depression 1. Toward a Sociology of the Future * Wendell Bell 2. Semper Sociology * Edward A. Tiryakian 3. Three Lives in Two Americas * Robert Perrucci 4. The Life Course of My Career * Glen H. Elder Jr. 5. Six Sociologists from Wayne County, Ohio * Janet Zollinger Giele 6. The Sociological Consequences of Choosing Radical Parents: The Political, the Personal, and the Professional * Peter Mandel Hall 7. My Professional Life: A Brief Memoir * Thomas Scheff 8. My Life in Sociology, Sociology in My Life * Elinore E. Lurie 9 Have You Noticed ... ? * Corinne Kirchner Part II: Coming of Age in the Postwar Years 10. A Life in Sociology * Charles S. Green III 11. Permission Slip for Life as an Applied Sociologist * Arthur Shostak 12. What's It All About? Reflections on Meaning in a Career * Gary T. Marx 13. My Journey with Sociology * Joyce E. Williams 14. Sociology, Politics, and Policy * David J. Armor 15. The Last of Life for Which the First Was Made * Debra Kaufman 16. A Sociological Memoirist * Fred L. Pincus 17. Retiree * Natalie J. Sokoloff 18. Spreading the Sociological Imagination to Lay Audiences * David R. Simon 19. Networking across Stages of a Career * Elizabeth Higginbotham 20. The Impact of Sociology on One Man's Life * Henry Fischer Conclusion * Peter J. Stein Contributors Index

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Book SynopsisFor most sociologists, their life's work does not end with retirement. Many professors and practitioners continue to teach, publish, or explore related activities after leaving academia. They also connect with others in the field to lessen the isolation they sometimes feel outside the ivory tower or an applied work setting. The editors and twenty contributors to the essential anthology Journeys in Sociology use a life-course perspective to address the role of sociology in their lives. The power of their personal experiences-during the Great Depression, World War II, or the student protests and social movements in the 1960s and '70s-magnify how and why social change prompted these men and women to study sociology. Moreover, all of the contributors include a discussion of their activities in retirement. From Bob Perrucci, Tuck Green, and Wendell Bell, who write about issues of class, to Debra Kaufman and Elinore Lurie, who explain how gender played a role in their careers, the diverse enTable of ContentsAcknowledgments Introduction * Rosalyn Benjamin Darling Part I: Children of the Great Depression 1. Toward a Sociology of the Future * Wendell Bell 2. Semper Sociology * Edward A. Tiryakian 3. Three Lives in Two Americas * Robert Perrucci 4. The Life Course of My Career * Glen H. Elder Jr. 5. Six Sociologists from Wayne County, Ohio * Janet Zollinger Giele 6. The Sociological Consequences of Choosing Radical Parents: The Political, the Personal, and the Professional * Peter Mandel Hall 7. My Professional Life: A Brief Memoir * Thomas Scheff 8. My Life in Sociology, Sociology in My Life * Elinore E. Lurie 9 Have You Noticed ... ? * Corinne Kirchner Part II: Coming of Age in the Postwar Years 10. A Life in Sociology * Charles S. Green III 11. Permission Slip for Life as an Applied Sociologist * Arthur Shostak 12. What's It All About? Reflections on Meaning in a Career * Gary T. Marx 13. My Journey with Sociology * Joyce E. Williams 14. Sociology, Politics, and Policy * David J. Armor 15. The Last of Life for Which the First Was Made * Debra Kaufman 16. A Sociological Memoirist * Fred L. Pincus 17. Retiree * Natalie J. Sokoloff 18. Spreading the Sociological Imagination to Lay Audiences * David R. Simon 19. Networking across Stages of a Career * Elizabeth Higginbotham 20. The Impact of Sociology on One Man's Life * Henry Fischer Conclusion * Peter J. Stein Contributors Index

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Book SynopsisThis assessment of the prospects for work and retirement at age 65-plus in the UK and US is essential reading for researchers, students and practitioners interested in the late careers and the future of retirement.Trade Review"This book is to be highly recommended as making an important contribution to understanding the shifting nature of retirement. Policymakers and older people’s advocacy organizations would be well advised to carefully weigh its implications, striking as it does a welcome and rare cautionary note." Journal of Ageing and Social Policy"I recommend Lain's work to all occupational scientists interested in work and retirement, or more generally, in the ways government policy actively and passively influences people's occupational opportunities, choices, and experiences. These are indeed matters of occupational justice." - Journal of Occupational Science"This is a very good book on an important and topical subject, which should form the basis of any critical assessment of the rights and wrongs of early retirement" Journal of Social Policy“Thought provoking and much needed response to those who are currently attempting to put far too positive a spin on projected trends in work and retirement policy.” John Williamson, Boston College, USA"The book is very well written and can also be of interest to anyone wishing to learn more about social determinants of work in later life." Journal of Population Ageing“Once they read this book, policy makers, thought-leaders in the fields of aging, and scholars should feel compelled to engage in difficult conversations about the extent to which employment pathways can and do lead to quality jobs that align well with older adults’ preferences and priorities.” The Gerontologist"David Lain conducts a thorough and masterful comparison of US and UK policies and practices shaping the need, and the opportunities, to work beyond age 65." Madonna Harrington Meyer, Syracuse University and author of Grandmothers at Work: Juggling Families and Jobs"A powerful and original analysis of the different employment trajectories of older people in the UK and the US. The comparison illustrates the challenges of extending working lives in each country and the unequal outcomes that are likely to occur for individuals." Sarah Vickerstaff, University of KentTable of ContentsIntroduction: Reconstructing retirement; Part One: The reconstruction of retirement policy; Changing retirement incomes; The changing regulation of work and retirement; Part Two: Reconstructing employment and retirement behaviour; Pathways to working at age 65+; The capability to work at age 65+; The choice to work at age 65+; Part Three: Current paths and policy alternatives; Current paths and policy alternatives; References; Statistical appendix.

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Book SynopsisThis assessment of the prospects for work and retirement at age 65-plus in the UK and US is essential reading for researchers, students and practitioners interested in the late careers and the future of retirement.Trade Review"This book is to be highly recommended as making an important contribution to understanding the shifting nature of retirement. Policymakers and older people’s advocacy organizations would be well advised to carefully weigh its implications, striking as it does a welcome and rare cautionary note." Journal of Ageing and Social Policy"I recommend Lain's work to all occupational scientists interested in work and retirement, or more generally, in the ways government policy actively and passively influences people's occupational opportunities, choices, and experiences. These are indeed matters of occupational justice." - Journal of Occupational Science"This is a very good book on an important and topical subject, which should form the basis of any critical assessment of the rights and wrongs of early retirement" Journal of Social Policy"The book is very well written and can also be of interest to anyone wishing to learn more about social determinants of work in later life." Journal of Population Ageing“Thought provoking and much needed response to those who are currently attempting to put far too positive a spin on projected trends in work and retirement policy.” John Williamson, Boston College, USA“Once they read this book, policy makers, thought-leaders in the fields of aging, and scholars should feel compelled to engage in difficult conversations about the extent to which employment pathways can and do lead to quality jobs that align well with older adults’ preferences and priorities.” The Gerontologist"David Lain conducts a thorough and masterful comparison of US and UK policies and practices shaping the need, and the opportunities, to work beyond age 65." Madonna Harrington Meyer, Syracuse University and author of Grandmothers at Work: Juggling Families and Jobs"A powerful and original analysis of the different employment trajectories of older people in the UK and the US. The comparison illustrates the challenges of extending working lives in each country and the unequal outcomes that are likely to occur for individuals." Sarah Vickerstaff, University of KentTable of ContentsIntroduction: Reconstructing retirement; Part One: The reconstruction of retirement policy; Changing retirement incomes; The changing regulation of work and retirement; Part Two: Reconstructing employment and retirement behaviour; Pathways to working at age 65+; The capability to work at age 65+; The choice to work at age 65+; Part Three: Current paths and policy alternatives; Current paths and policy alternatives; References; Statistical appendix.

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Book SynopsisThis book of quotes reminds us that growing old isn't about slowing down and taking it easy-it's a chance to ask, "What's next?"

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Book SynopsisThe essential guide to making sure you have a fabulous later life.You're likely to live longer than you think. Today's fifty-year olds could have an astounding 36 or more years of life. What's your dream life for your later years? When We're 64 is a friendly, practical guide to preparing for what could be the best years of your life - from the essentials on work and how to fund retirement, to volunteering, where to live and what kind of housing you'll need. It covers how to stay healthy and still live a full life if you get a health condition and reveals how your attitude to ageing could actually increase your lifespan. There are sections on relationships with family and friends, as well as caring for older relatives and how to tackle loneliness. Packed with expert advice and new evidence and tips on how to age well, this route map will help you plan and prepare for the future.Trade ReviewAn easy to read excellent guide, full of practical advice to help prepare us for a happy and healthy older age. -- Diana Moran * Green Goddess *A very important book for the next phase in people’s lives -- Professor Sir Muir GrayThis uplifting playbook is essential preparation for later life. Grounded in the latest research, it guides us through all the practical steps needed to face the future positively – and that’s the key to health and happiness in our sixties and beyond. -- Celia Dodd * author of Not Fade Away *A new stage of life is emerging as longer lives give us extra years between middle age and old age. When We’re 64 provides a guide to navigating the new opportunities that lie ahead. -- Andrew Scott * co-author of The 100-Year Life *An indispensable book by a leading anti-ageing expert * Mail on Sunday *An easy-to-read guide to a great later life, including advice to follow (from your 50s) to keep healthy and happy. * Woman's Weekly *This cheery book is a practical guide to making later life look and feel fab. It covers a range of topics from pensions and volunteering, to housing and loneliness. If you're nervous about the coming years – for you or a loved one – prepare to feel fully reassured. * Top Sante *A brilliant, friendly, practical guide to a better later life. -- Aggie MacKenzie * My Weekly *The ultimate practical guide to later life… filled with expert advice and new evidence and tips on how to age well, an eminently readable, light-hearted look at how to plan and prepare for what could be the best years of your life * Celebrity Angels *Table of ContentsIntroduction 1 The ‘new’ issue of old age 2 How are you ageing? 3 Are you an old age ageist? 4 Funding it 5 Nice work if you can get it 6 Fit as a fiddle or good enough health? 7 Where you’ll live 8 What your home should look like 9 Friends, family and other folk 10 Make change now Top Resources Acknowledgements Bibliography Index

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Book Synopsis''Dr Anna Dixon has written a must-read for anyone interested in the future of ageing. Learn from one of the best informed about an issue, and opportunity, that is facing us all.'' - Andy Briggs, Head of FTSE 100 life insurer Phoenix Group ''A very important book'' - Sir Muir Gray The Age of Ageing Better? takes a radically different view of what our ageing society means. Dr Anna Dixon turns the misleading and depressing narrative of burden and massive extra cost of people living longer on its head and shows how our society could thrive if we started thinking differently. This book shines a spotlight on how as a society we're currently failing to respond to the shifting age profile and what needs to change.Examining key areas of society including health, financial security, where and how people live, and social connections, Anna Dixon presents a refreshingly optimistic vision for the future that could change the way we value later life in every sense.Trade ReviewReading this book will help you prepare and understand better for your own future and make you realise that better ageing starts now. -- Andrew Scott * co-author of The 100 Year Life and The New Long Life *This is a very important book. -- Sir Muir GrayThis thoughtful and eminently readable book sets out a compelling vision for the future. It shows how the seismic 'age shift' we are experiencing can be a force for good if society adapts. -- Baroness Sally Greengross, Chief Executive, International Longevity Centre UKWith scarily prescient timing, Dr Anna Dixon has produced not just an incredible evidence-based survey of the reality of ageing in Britain today, but also a thought-provoking prescription of what a society that allowed us all to age well would look like. -- Jill Rutter, Senior Fellow, Institute for GovernmentDr Anna Dixon offers a must-read - powerfully argued clarion call for urgent action on all fronts including health, paid work, social care and what we value as citizens to build a society in which ageing in the 21st century is a bonus not a burden. -- Yvonne Roberts, Fellow of The Young FoundationDr Anna Dixon has written a must-read for anyone interested in the future of ageing. Learn from one of the best informed about an issue, and opportunity, that is facing us all. -- Andy Briggs, Head of FTSE 100 life insurer Phoenix GroupIn this important book for policymakers and informed citizens alike, Dr Anna Dixon makes clear that ageing has huge implications for every aspect of our lives. She lays out a strong vision for successful ageing and makes it clear that we have a choice. How we respond will determine whether we are all able to make the most of our longer lives. -- Deb Whitman, Executive Vice President and Chief Public Policy Officer, AARPA sobering view of a barren future, but one Dr Dixon believes can be avoided if we as a nation start planning now * The i *Table of ContentsForeword by Matthew Taylor Introducing the Age of Ageing Better 1 The changing face of the population 2 We're all doomed 3 Money, money, money 4 The world of work 5 What we do with our time 6 Healthy, longer lives –is it all downhill from here? 7 Who cares? 8 Home sweet home –or is it? 9 The loneliness myth and why the place we live matters 10 Creating the Age of Ageing Bette References Acknowledgements Index

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Book Synopsis

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Book Synopsis

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Book Synopsis

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Book Synopsis

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Book SynopsisLearn everything you need to do in the next five years to create a realistic plan for your retirement with clear, practical advice that is sure to set your future up for success. Most people don’t realize they haven’t saved enough for their retirement until their sixties and by then, it’s often too late to save enough for a comfortable retirement. The 5 Years Before You Retire has helped thousands of people prepare for retirement—even if they waited until the last minute. In this new and updated edition, you’ll find out everything you need to do in the next five years to maximize your current savings and create a realistic plan for your future. Including recent changes in financial planning, taxes, Social Security, healthcare, insurance, and more, this book is the all-inclusive guide to each financial, medial, and familial decision. From taking advantage of the employer match your company offers for your 401k to enrolling in Medicare to discussing housing options with your family, you are completely covered on every aspect of retirement planning. These straightforward strategies explain in detail how you can make the most of your last few years in the workforce and prepare for the future you’ve always wanted. Whether you just started devising a plan or have been saving since your first job, The 5 Years Before You Retire, Updated Edition, will tell you exactly what you need to know to ensure you live comfortably in the years to come.

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Book SynopsisYOUR GUIDE TO SURVIVING AND THRIVING IN THE AI ECONOMY. No one can be completely sure what the future of work is going to look like, but one thing's for certain - it will be completely transformed by AI. That means an uncertain future for millennials, including the need to switch jobs and learn new skills. Taking steps towards financial freedom and early retirement now, on your own terms, will put you in the driving seat for the bumpy road ahead. In HOW TO BUILD AND AI-PROOF FINANCIAL FUTURE, Yahoo Finance reporter and Wall Street expert Scott Gamm's sets out a practical guide to financial freedom and early retirement. Discover:* Why retiring early will become a necessity, not just a goal. * How much money you'll need to live well without a steady 9-5 job.* The importance of reducing or eliminating debt.* How to invest in the stock market.* How to use alternative retirement savings vehicles.* And what some of the world's most respected billionaires advise for achieving financial independence in the new economy. HOW TO BUILD AN AI-PROOF FINANCIAL FUTURE is full of actionable investing tips that can be applied within minutes of reading. This is truly the first book to provide a clear plan for wealth-building and financial security in the automation era.

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Book SynopsisFrom two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence.A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms.Kristy Shen retired with a million dollars at the age of thirty-one, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the 4 percent rule and the Yield Shield - so you can quit the rat race forever. Not everyone can become an entrepreneur or a real estate baron; the rest of us need Shen's mathematically proven approach to retire decades before sixty-five.

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Book SynopsisThe U.S. retirement system, and the workers and retirees it was designed to help, face major challenges. Traditional pensions have become much less common, and individuals are increasingly responsible for planning and managing their own retirement savings accounts, such as 401(k) plans. Yet research shows that many households are ill-equipped for this task and have little or no retirement savings. Chapter 1 examines these challenges, drawing from prior work and others' research, as well as insights from a panel of retirement experts on how to better ensure a secure and adequate retirement, with dignity, for all. Chapter 2 examines key challenges U.S. participants face with: (1) unclaimed retirement accounts in the United States, and (2) complying with U.S. tax reporting requirements on their foreign retirement savings.Table of ContentsFor more information, please visit our website at:https://novapublishers.com/shop/retirement-savings-and-security/

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Book SynopsisStrengthening the U.S. retirement system to be more accessible and financially sound is important to ensuring that all Americans can retire with dignity and security, and to managing the fiscal exposures to the federal government from various retirement-related programs. Currently, the U.S. retirement system, and many of the workers and retirees it was designed to help, face major challenges. Chapter 1 discusses (1) the fiscal risks and other challenges facing the U.S. retirement system, and (2) the need to re-evaluate our nation's approach to financing retirement. Chapters 2 and 3 discuss the Social Security full retirement age. Chapter 4 provides information on the benefits and disadvantages of alternate price indexes for measuring the cost of living for older Americans. Chapter 5 examines (1) how much in retirement savings is transferred to states as unclaimed property and what happens to those savings once transferred and (2) the steps IRS and DOL have taken to oversee these transfers and what improvements are needed. Chapter 6 discusses the availability of enhanced retirement benefits for federal law enforcement officers (LEOs). Chapters 7 and 8 focus on the Railroad Retirement Board (RRB), an independent federal agency, which administers retirement, survivor, disability, unemployment, and sickness insurance for railroad workers and their families. Chapters 9 and 10 provide information on the military retirement system.Table of ContentsChapter 1. The Nations Retirement System: A Comprehensive Re-evaluation Needed to Better Promote Future Retirement Security. Statement of Gene L. Dodaro. Chapter 2. The Social Security Retirement AgeZhe Li. Chapter 3. Social Security Benefit Claiming Age Zhe Li

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Book SynopsisSocial Security Disability Insurance (SSDI) provides benefits to nonelderly workers and their eligible dependents if the worker paid Social Security taxes for a certain number of years and is unable to perform substantial work due to a qualifying impairment. Chapter 1 provides an overview of the DI trust fund and its current financial outlook. Chapter 2 discusses the rules and processes used to determine eligibility for SSDI and SSI. It also explains how benefit amounts are computed, the types of non-cash benefits available to individuals who meet SSA''s disability standards, and how each program is financed. Chapter 3 analyzes the relative importance of factors affecting SSDI benefit receipts and terminations over the past 30 years. Chapter 4 examines what is known about how coverage and key features of SSDI and PDI compare, and the potential implications of three distinct proposals to expand employer-sponsored PDI on the Disability Insurance Trust Fund and various stakeholders. Chapter 5 examines trends in SSA''s transfers and processing times of appealed cases over the past decade, SSA''s monitoring of efforts to meet processing time goals through case transfers, and any challenges SSA faces in transferring cases between offices. Chapter 6 is the statement of Elizabeth Curda on SSA disabilty programs.

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