Author: William Reichenstein
Binding: Paperback
Number Of Pages: 220
Release Date: 15-10-2019
Details: Product Description 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. Review Adding value to a client's portfolio is always useful; adding it in the low-return environment investors are likely to be facing for decades is monumental. That's what Professor Reichenstein delivers in his extraordinary book Income Strategies. With a focus on maximizing Social Security benefits and tax-efficient withdrawals the reader is guided through strategies that may well double their clients net portfolio return. Buy it, implement it - your clients will profit big time. --Harold Evensky, Founder, Evensky and Katz Dr. Reichenstein has been a leader in retirement income research for the last 30 years. His previous book on Social Security became the primer of claiming strategies. This book explains how advisors can add alpha to clients accounts by helping them coordinate a Social Security claiming decision with a tax-efficient withdrawal strategy to generate retirement income. --Dr. Tom Potts This book is a valuable resource to any practitioner who is focused on helping their clients in retirement. It is clear that applying academic research and new techniques you can find more money for retirees. Carefully creating strategies and managing how you tap savings and coordinate Social Security makes a person's money last longer. --William Meyer, CEO Social Security Solutions and Retiree, Inc. About the Author Dr. William Reichenstein, CFA, is the Head of Research at Social Security Solutions, Inc. and Retiree, Inc. He is Professor Emeritus at Baylor University. He has published more than 190 articles for professional and academic journals and written several books including Social Security Strategies, 3rd Edition, with William Meyer. He is a member of Wall Street Journal's The Experts panel and is frequently quoted in the Wall Street Journal and elsewhere. He earned a BA in mathematics from St. Edwards University and a Ph.D. in economics from the University of Notre Dame. He is a Chartered Financial Analyst. Together with William Meyer, Dr. Reichenstein developed software to help people decide when to begin Social Security benefits and create tax efficient retirement income, see RetireeIncome.com.
EAN: 9780578555089
Package Dimensions: 8.9 x 6.0 x 0.9 inches
Languages: English