Don’t Go Broke in Retirement
Robert Powell, CFP®
My good friend Steve Vernon has just published a new book, Don’t Go Broke in Retirement: A Simple Plan to Build Lifetime Retirement Income. Here’s the press release:
New Book Helps Older Workers and Retirees Make High-Stakes Retirement Decisions
“Don’t Go Broke in Retirement” by Steve Vernon reveals a simple plan to generate lifetime retirement income from IRAs and 401(k) plans.
The book describes a straightforward retirement income strategy that can be implemented in virtually any IRA or 401(k) plan, with or without a financial adviser. It also offers 401(k) plan sponsors a cost-effective way to help their older workers and retirees build a portfolio of lifetime retirement income, without necessarily implementing in-plan annuities.
The strategy helps retirees withstand stock market turmoil like we recently experienced. It's based on comprehensive research that he led at the Stanford Center on Longevity, in collaboration with the Society of Actuaries.
Steve's mission is to help middle-income pre-retirees and recent retirees answer key questions, such as:
Do I have enough savings to retire?
When should I start Social Security?
How do I deploy my savings in retirement?
How can I protect my retirement income against financial crises?
We'll be talking Steve about his new book in the not-too-distant future.