 |
Has anyone read this book?
07-08-2016, 11:39 AM
|
#1
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
|
Has anyone read this book?
Money for Life: Turn Your IRA and 401(k) Into a Lifetime Retirement Paycheck
https://www.amazon.com/Money-Life-Li.../dp/0985384603
Seems pretty on point with mortality salience. I think I'll order it.
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
07-08-2016, 11:45 AM
|
#2
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
|
Not that one. But, one (well, several) of Moshe Milevsky's books does a good job on the topic: https://smile.amazon.com/Pensionize-...oding=UTF8&me=
__________________
OMY * 3 2ish Done 7.28.17
|
|
|
|
|
07-08-2016, 11:48 AM
|
#3
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
|
 Quote:
Originally Posted by 2017ish
|
I've seen him speak at a few conferences. He's pretty academic. This seems more practical. Here's a review I found:
https://www.soa.org/.../The.../act-2...-rappaport.pdf
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
|
|
|
|
|
07-08-2016, 11:53 AM
|
#4
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
|
Agree--Milevsky is definitely an academic and can't avoid slipping into that mode when writing. He would not be my recommendation for someone just starting to look at annuity issues.
__________________
OMY * 3 2ish Done 7.28.17
|
|
|
|
|
07-08-2016, 11:58 AM
|
#5
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
|
Quote:
Originally Posted by 2017ish
Agree--Milevsky is definitely an academic and can't avoid slipping into that mode when writing. He would not be my recommendation for someone just starting to look at annuity issues.
|
Unless, of course, they are academics like me!
|
|
|
|
|
07-08-2016, 12:03 PM
|
#6
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2012
Location: Nashville
Posts: 2,506
|
Quote:
Originally Posted by Meadbh
Unless, of course, they are academics like me!
|
Or, itinerant personal finance geeks like me and far too many others on this board. 
__________________
OMY * 3 2ish Done 7.28.17
|
|
|
|
|
07-08-2016, 12:35 PM
|
#7
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2013
Posts: 3,413
|
Why would I pay to read an annuity pusher's pitch? They are supposed to pay me to show up at their dinner seminars....
|
|
|
|
07-08-2016, 12:43 PM
|
#8
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
|
Quote:
Originally Posted by Another Reader
Why would I pay to read an annuity pusher's pitch? They are supposed to pay me to show up at their dinner seminars....
|
he's not an "annuity pusher" he's a retired actuary showing people how to make income streams off of DC balances so they don't have to eat cat food
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
|
|
|
|
|
07-08-2016, 10:52 PM
|
#9
|
|
Recycles dryer sheets
Join Date: Sep 2011
Location: MSP
Posts: 304
|
Quote:
Originally Posted by Another Reader
Why would I pay to read an annuity pusher's pitch? They are supposed to pay me to show up at their dinner seminars....
|
Quote:
Originally Posted by Big_Hitter
he's not an "annuity pusher" he's a retired actuary showing people how to make income streams off of DC balances so they don't have to eat cat food
|
From the product description:
"As president of Rest-of-Life Communications, Steve delivers retirement planning workshops and conducts retirement education campaigns. He has never sold insurance, annuities, or investments; this enables him to be unbiased in his writing and recommendations."
|
|
|
|
|
07-09-2016, 01:53 AM
|
#10
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2005
Posts: 6,193
|
Quote:
Originally Posted by Big_Hitter
he's not an "annuity pusher" he's a retired actuary showing people how to make income streams off of DC balances so they don't have to eat cat food
|
not only is milevsky an academic but he has pointed out on occasion some of the most amazingly good deals out there . there were some gurantees being offered from hartford and prudential that his research questioned how they can do it .
he advised to run to buy these annuity products .
well he was so right because hartford stopped issuing the product and prudential offered to buy them back at a profit .
if you listened you got a great deal with guarantees that were just plain crazy
|
|
|
|
|
07-09-2016, 09:37 AM
|
#11
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Aug 2011
Location: West of the Mississippi
Posts: 17,263
|
I found Milevsky on the Think Advisor website.
Is that site useful, or just a tool to sell financial 'products' to the uninformed?
__________________
Comparison is the thief of joy
The worst decisions are usually made in times of anger and impatience.
|
|
|
|
|
07-09-2016, 10:15 AM
|
#12
|
|
Full time employment: Posting here.
Join Date: Oct 2014
Posts: 568
|
Quote:
Originally Posted by Big_Hitter
he's not an "annuity pusher" he's a retired actuary showing people how to make income streams off of DC balances so they don't have to eat cat food
|
Fancy Feast vs Kroger Cost-Cutter, the never ending saga. 
I think I'll see if the library can order the book for me. The Amazon reviews look pretty basic but there might be a pearl or three in there.
Thanks.
_B
|
|
|
|
|
07-09-2016, 10:30 AM
|
#13
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: May 2013
Location: Les Bois
Posts: 5,761
|
Quote:
Originally Posted by Beldar
Fancy Feast vs Kroger Cost-Cutter, the never ending saga.
I think I'll see if the library can order the book for me. The Amazon reviews look pretty basic but there might be a pearl or three in there.
Thanks.
_B |
I went ahead and bought it. Have a 4 day golf tourn next week so it may take me a bit to get through it.
__________________
You can't be a retirement plan actuary without a retirement plan, otherwise you lose all credibility...
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
