Autumn Years Winter 2023/24

FINANCIAL PLANNING

Financial Planning Guides Resources for the Road Ahead Whether you are retired, on the cusp of retiring or considering never retiring, there is still the issue of planning your financial future. So, not surprisingly, there are a number of books to help guide you along the way, with the following representing some of the most up-to-date ones on the market.

Security, a pension, home equity, savings, retirement accounts, etc. The author also rethinks the meaning of “income invest ing,” by combining reliable cash flow dur ing the early years of your retirement with low-risk growth investments to provide extra money for your later years. The Good Retirement Guide 2024: Everything You Need to Know About Health, Property, Investment, Leisure, Work, Pensions and Tax (The Good Retirement Guides) by Jonquil Lowe

The New Retirement: The Ultimate Guide to the Rest of Your Life (third edition) by Jan Cullinane This guide includes surveys,

The Ultimate Retirement Guide for 50+: Winning Strategies to Make Your Money Last a Lifetime (Revised & Updated for 2023) by Suze Orman

questionnaires and worksheets to help readers understand and apply the critical steps affecting retirement planning. Included

In this revised and updated guide for those over 50, which reflects recent changes in retirement rules passed by Congress, Suze Orman provides her no-nonsense

are examples from real people about all aspects of their retirement journey, from savings and tax issues to location selection (whether established locations or new re tirement communities), to second careers/ remote work and leaving a legacy. The All-Weather Retirement Portfolio: Your Post-Retirement Investment Guide to a Worry-Free Income for Life (Worry-free Retirement) by Randy L. Thurman This investment guide focuses on your building a portfolio that will help reduce your worrying about the economy, the po

advice and practical tools that you need to plan wisely for your retirement in today’s ever-changing landscape. There are new rules for downsizing, spending wisely, de laying Social Security benefits and more. Retirement Planning Guidebook: Navigating the Important Decisions for Retirement Success (The Retirement Researcher Guide Series) by Wade Pfau

Scheduled to be released January 30, 2024, this new edition with an online directory of useful organizations and contacts cov ers the latest guidance on new

pension rules, finance (green energy invest ments, budgeting, benefits, tax and chari table giving), starting your own business, employment (hybrid and flexi-working systems) and even the issue of moving into a cashless society. From Savvy Saver to Smart Spender: How to Pick a Tax-Wise Retirement Withdrawal Strategy by Daniel McDonald

This volume Is designed to help you determine if you are finan cially prepared for retirement by, among other things, quantify ing your financial goals (an

litical climate, the latest financial catastrophe and what the market did today, this week, this month or this year; and reminds you that investing after you retire is radically different from investing while you are still working. Retirement Planning for Dummies by Matt Krantz

nual spending, legacy and reserves for the unexpected) and comparing them to your available assets; making informed deci sions about when to start Social Security benefits; developing a plan for making the best choices from all Medicare options; and understanding how to manage your taxes to pay less and avoid common pitfalls. How to Make Your Money Last— Completely Updated for Planning Today: The Indispensable Retirement Guide by Jane Bryant Quinn

How you withdraw from your IRA, 401(k) and other accounts can have a major impact on how much you will pay in federal income taxes during retirement.

Here’s a one-stop resource to help get up to speed on the critical steps needed to ensure you spend your golden years living in the lap of luxury or at

This guide has been updated to include calculations based on new 2023 tax brack ets and RMD distributions based on new SECURE 2.0 ACT RMD age requirements. If you are at least 59 ½ years old, the guide advises that you design a withdrawal strat egy you can implement now, before 2026 when the current tax cuts expire.

least in the comfort of your own home. This book guides you to actively plan for your financial future, seek the help of profes sionals or go it alone and use online tools to make retirement planning easier.

This updated guide helps those who are newly retired or plan ning to retire by explaining how to squeeze a higher income from all assets—including Social

26 AUTUMN YEARS I WINTER 2023/24