Retirement Bible

Features

• Cover Type: Paperback with 566 pages
• Published by: Wiley
• Edition: 1st Edition January 15, 2001
• Written in: English
• ISBN 10 Number: 0764552457
• ISBN 13 Number: 978-0764552458
• Book Dimensions: 9.2 x 7.4 x 1.3 inches
• Weighs: 1.9 pounds

Product Description
Your one-stop guide for all you need to know about the ins and outs of planning a successful retirement -- it's never too early to start. Indside the Retirement Bible you'll find:
* How to play the retirement savings game -- putting together and sticking to a retirement check list
* Tips on cutting through the clutter of financial advisors -- your best sources for finding them, the questions to ask them, matching their services with your requirements
* The inside scoop on private money managers -- should you hire your own?
* 401K contribution strategies -- getting the 401K you deserve, escaping a potential 401K nightmare, and alternatives for your 401K when you leave a job
* Stock picking 101 -- how stocks measure up, value versus growth, mutual funds, and new alternatives
* Establishing trusts -- ten steps in creating a great trust
* and much, much more!

Book Info
A complete guide to the personal finance issues surrounding retirement, from 401K's to estate planning and trusts. Features information on saving money on taxes, calculating how much money will be needed for a comfortable retirement, and the essentials of IRAs, stocks, bonds, mutual funds and other investments. Softcover.

Reader Reviews
I was impressed with this book and give it an A. O'Shaughnessy's investment advice is excellent and the writing style is very easy to read. This is one of the most comprehensive books on retirement planning and investing I have seen. My hat is off to O'Shaughnessy for putting together such a comprehensive book. As an experienced investor, I was familiar with most of the material in this book. I did learn that 1974 was the year Congress changed the 403B laws allowing teachers the right to invest in mutual funds. Until that point, teachers were stuck investing in annuities which are high cost and full of penalty fees. She also does a good job of over-viewing the many types of trusts. She explains the different types of trusts in "English" the regular person can understand, versus legalese. I was disappointed in the lack of material on asset allocation. There is some simple charts on risks associated with portfolios made up of various mixtures of stocks and bonds. There is very little material covering the various types of asset classes, their correlation with each other, how these correlations change over time, and how to decrease risk using combinations of asset classes. This book was written in 2000, and at that time asset allocation was not yet a popular subject with investors. Also since the book was written in 2000, before the 3 year stock market crash after the Tech Bubble, she paints stock market investing with a relatively rosy picture. She does a very good job of sprinkling "buyer beware" alarms throughout the book. Some of these include high cost annuities, sales people pushing annuities to teachers in 403B's versus mutual funds, commissioned brokers who sell products that benefit them and not you, risks of early retirement buyouts, and insurance salesman with magic solutions for single versus dual life retirement pension payouts. All-in-all, a great book for investors on how to plan for retirement. Some of her "buyer beware" alarms could easy pay for the cost of this book many times over. I would suggest companion books to supplement this book including: The Richest Man in Babylon Bogle on Mutual Funds: New Perspectives for the Intelligent Investor The Millionaire Next Door The Four Pillars of Investing: Lessons for Building a Winning Portfolio A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing, Ninth Edition Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pro's The Coffeehouse Investor: How to Build Wealth, Ignore Wall Street, and Get On With Your Life The Bogleheads' Guide to Investing Wealth: Grow It, Protect It, Spend It, and Share It All About Asset Allocation.