Add Value to any Client's Portfolio With Tax-Saving Strategies "Bill Reichenstein and William Jennings are two of the industry's very few true pioneers. This book should be on the short list of anyone interested in private wealth management, whether expressed in thousands or millions of dollars." -Jean L. P. Brunel, CFA, Editor of the Journal of Wealth Management and author of Integrated Wealth Management "Reichenstein and Jennings tackle many key issues facing individual investors, including 'How should you differentiate between the before-tax dollars in retirement accounts and the after-tax dollars in taxable accounts?' and 'Should bonds be held in retirement accounts and stocks in taxable accounts or vice versa?' They provide valuable insights that certainly should add value to you and your clients." -Brian Bruce, Editor in Chief of Journal of Investing and Director of Global Investments at PanAgora Asset Management "If you want to be on the leading edge of thinking about integrated wealth management, then read this book. While the traditional approach searches for optimization in perfect markets and limits the portfolio to financial assets, these authors tackle real-world complexities and integrate other sources of wealth into the portfolio. Extending the analysis is vital in a world where financial decisions are increasingly the responsibility of the individual." -Conrad S. Ciccotello, JD, PhD, Editor of Financial Services Review and Director of Graduate Personal Financial Planning Programs at Georgia State University

Integrating Investments and the Tax Code

Business & Money

William Reichenstein

William W. Jennings

Economics

John Wiley&Sons, Inc.

Professor Reichenstein's research shows creating a tax-efficient withdrawal strategy to generate retirement income can add up to seven years of added longevity for someone in retirement. The book was written for financial advisors to illustrate how they can add considerable value to clients portfolios by helping them combine a smart Social Security claiming strategy with a tax-efficient withdrawal strategy that minimizes the adverse consequences of these tax-code complexities, while taking advantage of the more favorable tax environment that is scheduled to exist through 2025. 
 The book is a compilation of key lessons from Reichenstein's published academic research delivered with case studies that can be applied to retirees. The rules for accumulating savings for retirement do not apply when a family transitions to decumulation and needs to figure out how to tap savings to support their spending. Generating retirement income from savings is complicated and needs to incorporate key variables like Social Security, Medicare, Roth Conversions, and tax minimization. 
 Additional promotion for complementary software, IncomeSolver.com, that empowers advisors to create and analyze retirement income withdrawal strategies for clients, contact info@retireeinc.com.

Income Strategies: How to create a tax-efficient withdrawal strategy to generate retirement income.

Self-published

After having sold tens of thousands of copies and becoming known as the authoritative source on Social Security claiming strategies, this book is now in its third edition. With updates in rules, new disability strategies, and strategies for those who are facing a terminal illness, the authors have again delivered invaluable tools for crafting Social Security retirement benefit claiming strategies. Social Security benefits are the largest retirement asset for the majority of Americans. Yet most decide when to begin benefits without advice. A smart strategy for claiming benefits can make a material difference in the standard of living in retirement. Written primarily for financial professionals, this book is a primer for enhancing lifetime income and minimizing the risk of running out of savings in retirement. The book further serves to cut through the maze of rules governing Social Security and will equip you with the information and heuristics you need to offer quality advice about Social Security to your clients approaching retirement.

Social Security Strategies: How to Optimize Retirement Benefits, 3rd Edition

William Meyer

Personal Finance

William Reichenstein & William Meyer

To date, most financial advisers for individual investors have operated as if taxes do not exist. This book offers a better way, a discussion of the after-tax valuation of assets held in one of four savings vehicles: tax-exempt accounts such as Roth IRAs, tax-deferred accounts such as 401ks, taxable accounts, and non-qualified tax-deferred annuities. By facing the reality that taxes exist and making reasonable adjustments, financial planners can better prepare their clients for the future, as well as add tangible value for clients through asset allocation and location options.

In the Presence of Taxes: Applications of After-tax Asset Valuations

PH.D.

FPA Press

About the Author\nDr. William Reichenstein is Social Security Solutions, Inc. s Director of Research. Bill currently holds the Pat and Thomas R. Powers Chair in Investment Management at Baylor University. He has taught and researched in finance since 1978, with his recent work concentrating on the interaction between investments and taxes. He has written more than 150 articles for professional and academic journals. He is a frequent contributor to Journal of Financial Planning, Journal of Investing, Financial Analysts Journal, Journal of Portfolio Management, and Journal of Wealth Management, and is frequently quoted in the Wall Street Journal and elsewhere. He earned a BA in math from St. Edward s University and a Ph.D. in economics from the University of Notre Dame. He is a Chartered Financial Analyst (CFA). William Meyer is the founder of Social Security Solutions, Inc., and the creator of the Social Security Strategy Analyzer software tool. In recognizing the void that has existed for personalized and pragmatic advice related to Social Security at retirement, Bill founded Social Security Solutions, Inc. based on his expertise and that of Dr. William Reichenstein, Social Security Solutions, Inc. s Head of Research. Bill Meyer is an expert in Social Security and the retirement industry and is committed to helping Baby Boomers make the most of their retirement savings. His career in wealth management spans Charles Schwab, H&R Block and Advisor Software Inc. He earned his Bachelor of Science degree in Psychology from UCLA and his MBA degree from the Anderson School at UCLA. He is a former Trustee of the Securities Industry Institute at Wharton and holds multiple securities licenses. Both Reichenstein and Meyer are recognized experts on Social Security claiming strategies. They have published numerous articles about the subject, and have been quoted in publications such as SmartMoney, Forbes, Barron s, the Wall Street Journal and the Chicago Tribune. In March of 2010, their research entitled Social Security: When you Should Start Benefits and How to Minimize Longevity Risk was published in the Journal of Financial Planning.\nAfter having sold tens of thousands of copies and becoming known as the authoritative source on Social Security claiming strategies, this book is now in its fourth edition. With updates in rules, new disability strategies, and strategies for those who are facing a terminal illness, the authors have again delivered invaluable tools for crafting Social Security retirement benefit claiming strategies. Social Security benefits are the largest retirement asset for the majority of Americans. Yet most decide when to begin benefits without advice. A smart strategy for claiming benefits can make a material difference in the standard of living in retirement. Written primarily for financial professionals, this book is a primer for enhancing lifetime income and minimizing the risk of running out of savings in retirement. The book further serves to cut through the maze of rules governing Social Security and will equip you with the information and heuristics you need to offer quality advice about Social Security to your clients approaching retirement.

Social Security Strategies: How to Optimize Retirement Benefits, 4th Edition