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(Ebook) Financial Asset Management and Wealth in Retirement by Terrance G. Waverly ISBN 9781613246061, 1613246064

  • SKU: EBN-51357098
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4.5

20 reviews
Instant download (eBook) Financial Asset Management and Wealth in Retirement after payment.
Authors:Terrance G. Waverly
Pages:138 pages.
Year:2010
Editon:1
Publisher:Nova Science Publishers, Incorporated
Language:english
File Size:2.6 MB
Format:pdf
ISBNS:9781613246061, 1613246064
Categories: Ebooks

Product desciption

(Ebook) Financial Asset Management and Wealth in Retirement by Terrance G. Waverly ISBN 9781613246061, 1613246064

This book looks at the 78 million members of the "baby boom" generation who are beginning to retire. After many years of accumulating assets to spend in retirement, they now must decide how to convert these assets into a steady stream of income. Because of the trend away from defined benefit (DB) pensions to defined contribution (DC) plans, such as 401(k)plans, future retirees will be less likely to have a guaranteed stream of income from defined benefit pensions. Furthermore, while Social Security will provide a guaranteed income to most retirees, it will replace only a relatively small portion of their pre-retirement income.
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