Your Retirement Money: How to Make It Last

YOUR RETIREMENT MONEY: HOW TO MAKE IT LAST is a financial manual for persons whose income earning days are over. Written by a retiree, this book shows how to make assets last the rest of your life. Of the 1,500,000 people that retire each year, only a small percentage will have saved enough to live out their life with the standard of living they had while working. A series of examples are featured that show how to put the income segments of Social Security, pension, savings & any other income into a perspective that can be compared to spending needs for given standard of living. If the gap is positive, the lifestyle can be maintained. If the gap is negative, cuts in spending are required. Values assigned to spending cuts let the individual set his/her priorities. All calculations include consideration of inflation, interest rates, & life expectancy. Supplementary chapters & a lengthy appendix include much related information important to a retiree. The book is a must for those persons at retirement age.