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Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck by Steve VernonDescriptionMoney for Life addresses the concerns of a wide range of people who are planning their retirement and hoping to create a retirement income from their retirement savings. With the demise of traditional pension plans, this is a significant and important challenge facing boomers as they approach their retirement years. Boomers are now on their own to generate a reliable, lifetime retirement income, and Money for Life provides unbiased, trusted help. It discusses the pros and cons of various methods to generate retirement income without a sales pitch for any specific approach. Part One of this valuable guidebook outlines specific action steps and describes the various retirement income generators in an easy-to-understand manner, using charts, illustrations, and examples. It also introduces the Money for LIFE™ retirement income rating system to help you choose the solution that works best for you. Part Two serves as a resource for readers who want more details on the methods for generating a retirement income and on specific retirement tax and insurance issues. “Savvy guidance for some of the most crucial financial decisions you’ll ever face. Money for Life can help make sure your retirement nest egg lasts as long as you do.” — Jon Peterson, author of Social Security for Dummies
— Robert Powell, Editor, MarketWatch’s Retirement Weekly
— Mark Miller, retirement columnist and author of The Hard Times Guide to Retirement Security.
— Jack VanDerhei, research director, Employee Benefit Research Institute, and editor, Benefits Quarterly
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