| Preface | p. xv |
| Introduction: Can You Retire? | p. 1 |
| Retro-Retirement | |
| Avoiding Generation Warfare | p. 12 |
| You're Not Alone | p. 15 |
| The Likely Solution: Retro-Retirement | p. 17 |
| The Starting Point | p. 18 |
| How Long Will I Live? | p. 29 |
| How Can I Save Enough? | p. 31 |
| The Savage Number | p. 7 |
| What Will Inflation Do to the Value of My Savings? | p. 30 |
| Shaping Retirement Reality | p. 9 |
| The 10 Key Questions | p. 27 |
| Hoping for a Miracle? | p. 14 |
| Time Is Money | p. 19 |
| Running Out of Time | p. 22 |
| What's Your Time Worth? | p. 23 |
| How to Avoid Wasting Time (and Money) | p. 25 |
| Consuming Time and Money | p. 21 |
| The Time Value of Money | p. 24 |
| How Much Will I Spend to Live in Retirement? | p. 33 |
| How Much Can I Withdraw Each Month without Running Out of Money? | p. 34 |
| What's the Biggest Danger to My Retirement Plans? | p. 35 |
| How Can I Retain Control of My Financial Life? | p. 37 |
| Getting the Answers | p. 39 |
| Getting Your "Ballpark Estimate" | p. 40 |
| Monte Carlo Your Money | |
| The Savage Answer: Monte Carlo Modeling | p. 45 |
| Monte Carlo Modeling: How It Works | p. 46 |
| Beware of Averages | p. 48 |
| Monte Carlo Modeling and Retirement Planning | p. 52 |
| Monte Carlo and You | p. 56 |
| How Should I Invest the Money I've Saved for Retirement? | p. 32 |
| How Can I Earn Money during Retirement? | p. 36 |
| What If I Have Money Left Over When I Die? | p. 38 |
| Do-It-Yourself Monte Carlo: ToolsforMoney.com | p. 58 |
| Saving Up, Drawing Down | p. 59 |
| Accumulation Phase | p. 61 |
| Withdrawal Phase | p. 63 |
| The Right Balance | p. 64 |
| Seven Best Ways to Save for Retirement | p. 65 |
| Getting It All Together | p. 69 |
| Online, on Paper, on Your Computer | p. 71 |
| Free Online Money Management | p. 72 |
| The Basics: Paying Bills Online | p. 74 |
| Organizing Your Online Financial Life | p. 76 |
| A Credit Checkup | p. 78 |
| Portfolio Tracking | p. 79 |
| Quicken | p. 80 |
| Morningstar | p. 81 |
| Moving Beyond Tracking-to Advice | p. 85 |
| Resources for Getting It Together | p. 85 |
| A Road Map to Monte Carlo | p. 87 |
| The Best Routes | p. 90 |
| Financial Engines | p. 91 |
| Morningstar Asset Allocator | p. 93 |
| T. Rowe Price | p. 94 |
| Vanguard | p. 96 |
| Financial Planners | p. 98 |
| Fidelity | p. 95 |
| Arriving in Monte Carlo | p. 99 |
| Choosing a Financial Adviser | p. 100 |
| Investing for Retirement | |
| Stocks, Bonds, and Chicken Money | p. 105 |
| Realistic Stock Market Expectations | p. 108 |
| Stock Market Returns-Then and Now | p. 109 |
| Historic Returns-The Big Picture | p. 110 |
| Long Term-Do You Have 20 Years? | p. 112 |
| Persuasive Perspective | p. 113 |
| Opportunity of a Lifetime? | p. 114 |
| What to Expect-The Next 20 Years | p. 116 |
| Understanding Bonds | p. 119 |
| How You Can Lose Money in Bonds | p. 120 |
| The Advantage of Bond Funds | p. 121 |
| Total Return, Total Risk | p. 122 |
| Stocks versus Bonds-An Alternative? | p. 125 |
| Keep Your Nest Eggs Safe with Chicken Money | p. 125 |
| Chicken Money Investments | p. 126 |
| Chicken Money and Risk | p. 128 |
| A Minute on Mutual Funds | p. 128 |
| Resources for Stocks, Bonds, and Chicken Money | p. 130 |
| Beyond the Basics | p. 133 |
| Exchange-Traded Funds | p. 135 |
| Real Estate Investment Trusts | p. 137 |
| Gold and Natural Resources | p. 138 |
| The U.S. Dollar | p. 140 |
| Options | p. 141 |
| Futures | p. 142 |
| Hedge Funds | p. 144 |
| Resources for Investing | p. 146 |
| One-Step Retirement Investing | p. 149 |
| Buying the Whole Market | p. 151 |
| Index Mutual Funds | p. 151 |
| Exchange-Traded Funds: Spiders | p. 152 |
| Futures: E-mini S&P 500 | p. 152 |
| Retirement Investing Made Easy: Targeted Retirement Funds | p. 153 |
| Comparing the Companies | p. 155 |
| Starting Small-No Excuses! | p. 157 |
| U.S. Global Funds-ABC Plan | p. 158 |
| ShareBuilder | p. 158 |
| Make the Call | p. 159 |
| Streams of Retirement Income | |
| Where Will the Money Come From? | p. 163 |
| The Balancing Act: Income versus Principal | p. 165 |
| Gainful Employment in Retirement | p. 166 |
| Withdrawals from Retirement Accounts | p. 168 |
| Where and When to Withdraw | p. 168 |
| Required Minimum Distributions and Required Beginning Date | p. 170 |
| Getting It Right | p. 171 |
| Generating Income from Your Portfolio | p. 172 |
| Laddering: A Bond Strategy for Retirement | p. 172 |
| Covered Call Writing to Add Investment Income | p. 173 |
| Income Resources | p. 175 |
| Annuities for Income and Tax-Deferred Growth | p. 177 |
| Immediate Annuities | p. 179 |
| Fixed-Rate Tax-Deferred Annuities | p. 182 |
| Variable Tax-Deferred Annuities | p. 182 |
| The Latest Annuity Products | p. 183 |
| Guaranteed Minimum Income Benefits | p. 183 |
| Equity-Indexed Annuities: A Warning | p. 186 |
| Tax-Deferred Annuity Withdrawals | p. 188 |
| Tax-Deferred Annuity Exchanges | p. 188 |
| Your IRA Inside an Annuity? | p. 189 |
| Annuities: The Real Risk Factor | p. 190 |
| Annuity Information and Pricing | p. 191 |
| Social Security and Medicare | p. 193 |
| Social In-Security | p. 194 |
| How Much Can You Expect? | p. 196 |
| How Much Can You Earn? | p. 198 |
| Medicare | p. 200 |
| Medicare Enrollment | p. 200 |
| How Medicare Works | p. 201 |
| A Final Thought about Social Security and Medicare | p. 204 |
| How to Turn Your Home into Your Pension | p. 205 |
| Reverse Mortgages | p. 206 |
| Reverse Mortgage for Income | p. 207 |
| Reverse Mortgage for Purchase | p. 209 |
| More Income from Your House Using Trusts | p. 210 |
| Installment Sale | p. 210 |
| Private Annuity Trust | p. 211 |
| Reverse Mortgage Resources | p. 213 |
| How Targeted Retirement Funds Work | p. 154 |
| Tax-Deferred Annuities | p. 181 |
| Medicare Supplement Policies | p. 202 |
| Medicare Prescription Coverage-Part D | p. 203 |
| How to Apply for Benefits | p. 199 |
| Government Benefit Resources | p. 204 |
| Long-Term Care: The Greatest Risk of All | |
| The Government's Role in Long-Term Care | p. 219 |
| Insurance for Your Retirement | p. 222 |
| Our Parents, Ourselves | p. 223 |
| Long-Term Care Insurance: A Woman's Issue | p. 224 |
| What If You Don't Use It? | p. 225 |
| Why You Shouldn't Procrastinate! | p. 226 |
| Long-Term Care-The Facts | p. 227 |
| How to Understand Long-Term Care Coverage | p. 229 |
| Rising Demand, Soaring Costs | p. 231 |
| How Do I Use My Policy? | p. 234 |
| What Should My Long-Term Care Policy Cover? | p. 235 |
| Elimination Period | p. 235 |
| Daily or Monthly Benefit | p. 236 |
| Length of Benefit | p. 236 |
| Inflation Protection | p. 237 |
| Reimbursement Policy | p. 237 |
| Guarantee Period | p. 238 |
| Spousal Discounts | p. 239 |
| Intergenerational Transfers | p. 239 |
| Care Coordinators | p. 240 |
| Optional Riders | p. 240 |
| Partnership Programs | p. 241 |
| International Coverage | p. 242 |
| Key Elements of a Long-Term Care Insurance Policy | p. 242 |
| Buying Your Long-Term Care Policy | p. 243 |
| Which Insurance Company Should You Choose? | p. 244 |
| What Should It Cost? | p. 245 |
| 10-Pay: Controlling Price Risk | p. 246 |
| Long-Term Care Policies and Income Taxes | p. 247 |
| Paying for Long-Term Care with Life Insurance and Annuities | p. 248 |
| Acceleration Riders | p. 249 |
| Blended Life Insurance Policies | p. 249 |
| Blended Annuities | p. 250 |
| The Federal Long-Term Care Insurance Program | p. 252 |
| Long-Term Care Insurance: Who Needs It? | p. 217 |
| When to Buy? While You Can! | p. 232 |
| Employee Group Long-Term Care Policies | p. 251 |
| Long-Term Care Insurance from Affinity Programs | p. 252 |
| A Final Argument: The Cost of Not Having Long-Term Care Insurance | p. 253 |
| Resources for Purchasing Long-Term Care Insurance | p. 254 |
| Estate Planning: The Price of Success | |
| What's Left? | p. 259 |
| What Could Happen? | p. 261 |
| What Is Your Estate? | p. 263 |
| What Are Estate Taxes? | p. 263 |
| What Is Probate? | p. 264 |
| What Is a Revocable Living Trust? | p. 265 |
| Health-Care Power of Attorney | p. 266 |
| Living Will | p. 266 |
| Durable Power of Attorney | p. 267 |
| Naming Retirement Plan Beneficiaries | p. 267 |
| Your 401(k) Plan Beneficiary | p. 268 |
| Your IRA Beneficiary | p. 269 |
| What Else Should You Consider? | p. 271 |
| Guardianship of Children | p. 271 |
| Bequests to Minor Children | p. 271 |
| Trusts for Disabled Adult Children | p. 271 |
| Division of a Business | p. 272 |
| Moving Assets Out of Your Estate | p. 272 |
| 529 College Savings Plans to Avoid Estate Taxes | p. 273 |
| Reverse Mortgage to Fund Life Insurance Outside the Estate | p. 273 |
| What Kind of Life Insurance Do You Need? | p. 274 |
| Keep Life Insurance Outside Your Estate | p. 275 |
| Changing Policies | p. 276 |
| Estate Planning Checklist | p. 279 |
| Conclusion | p. 281 |
| Index | p. 287 |
| Life Insurance and Your Estate | p. 274 |
| Spouses and Estate Planning | p. 276 |
| Choosing an Estate Planner | p. 278 |
| Acknowledgments | p. 283 |