Guarantee 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.
THE KEY TO SECURING YOUR FINANCIAL FUTURE ...FOR LIFE!
How can anyone plan for a safe and secure retirement in this era of declining workplace pensions and uncertain economic markets? The Second Edition of the bestselling Pensionize Your Nest Egg offers retirees (and those planning for retirement) a new approach to retirement finances that can help ensure a safe and stable financial future. Investment experts Moshe A. Milevsky and Alexandra C. Macqueen have updated and revised this new edition to include information for retirees who live in the United States, the United Kingdom, Canada, Australia, and New Zealand.
Using this vital resource you can learn how to tell whether you have a true pension for your retirement, or just a tax-sheltered savings plan with no guarantees. You can also learn how to complement asset allocation with "product allocation" to identify the right type and mix of investment and insurance products for your retirement, and then confidently allocate your savings to these products. Finally, the authors also provide a step-by-step plan to measure the sustainability of your retirement spending plan, and then maximize it.
With Pensionize Your Nest Egg, Second Edition as your guide, you will have a comprehensive and accessible resource that includes everything you need to know to create your own pension plan. Whether you're looking to allocate your funds yourself or if you work with a professional financial advisor, Pensionize Your Nest Egg, Second Edition gives you a winning financial strategy to create a guaranteed retirement income--for life.
