How Do I Estimate Retirement Living Expenses?
By Dale Maley
()
About this ebook
78 million Baby Boomers start to turn age 65 in the year 2011. A key factor in planning for retirement is the required spending level during retirement. Retirement spending drives the size of nest egg required to retire. This short story focuses on alternative methods of estimating retirement living expenses. This short story will give you enough information to make your own well-informed estimate of your retirement expenses.
Dale Maley
Dale C. Maley is the author of the 19999 book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros. He is also a contributing author to Chapter 18 Seeking Help from Professionals in the 2009 book The Bogleheads Guide to Retirement Planning. He is a very successful private investor who has been a student of Financial Planning and Investing for over 30 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 32 years. His accomplishments as an engineer include the granting of 16 U.S. Patents and authorship of over 500 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers. He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning. He is also a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990. Dale became a Registered Financial Advisor in the State of Illinois in 2006 and is currently launching his business as a fee-only financial planner. He is President of Maley Financial Planning LLC.
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Book preview
How Do I Estimate Retirement Living Expenses? - Dale Maley
How Do I Estimate Retirement Living Expenses?
by
Dale C. Maley
SMASHWORDS EDITION
PUBLISHED BY:
Artephius Publishing on Smashwords
How Do I Estimate Retirement Living Expenses?
Copyright © 2011 by Dale C. Maley
All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.
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Table of Contents
Chapter 1
Spending Rate is Key Factor
Chapter 2
Replacement Ratio
Chapter 3
Old-Fashioned Paper Trail
Chapter 4
Quicken
Chapter 5
W-2 Methodology
Chapter 6
Mint.com
Chapter 7
Bud Hebeler
Chapter 8
Professional Help
Chapter 9
Comparison
Chapter 10
Summary
Web Sites
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Warning-Disclaimer
This book is designed to provide information