Authors: Terry Savage
ISBN-13: 9780471727996, ISBN-10: 0471727997
Format: Hardcover
Publisher: Wiley, John & Sons, Incorporated
Date Published: July 2005
Edition: (Non-applicable)
TERRY SAVAGE has financial expertise that comes from experience. She started her career as a stockbroker and became a founding memberand the first woman traderon the Chicago Board Options Exchange. She is a nationally known expert on personal finance and is a regular investment and financial markets commentator on CNN, CNBC, PBS, and NBC. She is the nationally syndicated Chicago Sun-Times personal finance columnist, and author of three bestselling books. Her most recent book, The Savage Truth on Money (Wiley), was made into an hour-long TV special that aired on PBS. Terry has won numerous awards, including the National Press Club Award for Outstanding Consumer Journalism and the Outstanding Personal Finance Columnist Award given by the Medill School of Journalism at Northwestern University. She has also received two Emmys for her television work.
www.terrysavage.com
Nationally known personal finance expert, Terry Savage, shows readers how to find the answers to their retirement questions. The Savage Number provides the hands-on techniques to plan a successful, satisfying retirement. Savage takes readers beyond "guesstimates" and wishful thinking. Instead, she introduces readers to the world of Monte Carlo modeling—the statistical science of modeling multiple alternatives to come up with a range of highly probable results. The process guides readers through the critical decisions about how to invest their retirement money—and how much they can withdraw to live on—so their money lasts their entire lifetime! Filled with in-depth insights and practical advice, The Savage Number takes the guesswork out of retirement planning, so readers can overcome those obstacles and comfortably enjoy the rest of their lives.
Introduction: Can You Retire.
PART 1: RETRO-RETIREMENT.
1. The Savage Number.
2. Time is Money.
3. The 10 Key Questions.
PART 2: MONTE CARLO YOUR MONEY.
4. The Savage Answer: Monte Carlo Modeling.
5. Saving Up, Drawing Down.
6. Getting It All Together.
7. A Road Map to Monte Carlo.
PART 3: INVESTING FOR RETIREMENT.
8. Stocks, Bonds, and Chicken Money.
9. Beyond the Basics.
10. One-Step Retirement Investing.
PART 4: STREAMS OF RETIREMENTN INCOME.
11. Where Will the Money Come From?
12. Social Security and Medicare.
13. Annuities for Income and Tax-Deferred Growth.
14. How to Turn Your Home Into Your Pension.
PART 5: LONG-TERM CARE: THE GREATEST RISK OF ALL.
15. Long-Term Care Insurance: Who Needs It?
16. How to Understand Long-Term Care Coverage.
17. Buying Your Long-Term Care Policy.
PART 6: ESTATE PLANNING; THE PRICE OF SUCCESS.
18. What's Left?
Conclusion.
Acknowledgments.
Index.