Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck

Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck

Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck

Money for Life addresses the concerns of a wide range of people who are planning their retirement and hoping to create a retirement income from their retirement savings. With the demise of traditional pension plans, this is a significant and important challenge facing boomers as they approach their retirement years. Boomers are now on their own to generate a reliable, lifetime retirement income, and Money for Life provides unbiased, trusted help. It discusses the pros and cons of various methods to generate retirement income without a sales pitch for any specific approach. Part One of this valuable guidebook outlines specific action steps and describes the various retirement income generators in an easy-to-understand manner, using charts, illustrations, and examples. It also introduces the Money for LIFEā„¢ retirement income rating system to help you choose the solution that works best for you. Part Two serves as a resource for readers who want more details on the methods for generatin