SG has something to tell us about...

[brewer12345]

C'mon, buddy, spill it. Intercst let the cat out of the bag: http://www.wiley.com/WileyCDA/WileyT...471776165.html

[Martha]

I like the "unique cultural view of a technical professional."

OK, SG, where the heck you been and why didn't you tell us first.

[justin]

Quote:

Originally Posted by Martha I like the "unique cultural view of a technical professional."

This means boring, convoluted, overly technical, and full of jargon and mumbo jumbo.

For a minute I thought I was describing books coming from the legal profession.

[Dawg52]

Who is SG?

[SteveR]

Here is a link to the Table of Contents on his homepage.

http://www.golio.net/My_Homepage_Files/Page1.html

You'll never have to worry about me. I am the consumate slug. Earning money is so foreign to my being that I actually feel guilty for collecting passive income (dividends, interest). I help out my friends with their computer problems only if they promise not to pay me. 8)

[flipstress]

Quote:

Originally Posted by DOG51 Who is SG?

M. G., apparently.

It's strange to find out the real name of a regular (at least in the past) poster.* The book must be a reason I haven't seen too many of his posts recently.

Advance congratulations on your book, SG/SGeee/SalaryGuru!

[Evelyne]

Here is SG's profile:

http://early-retirement.org/forums/i...profile;u=2239

[haha]

Looking at the table of contents, I think we can say without fear of contradiction that Mike G. has written the exhaustive definitive never to be trumped guide to retirement.

I don't remember if he covers burial vs. cremation, or scattering of the ashes vs. a tasteful urn on someone's mantle, but looks like everything else is here. I notice a heading entitled-"Mortgage Payoff Attracts Heated Debate". That may even be an understatement, as anyone who has been around here for the SG/Bunny playoffs can attest.

Ha

[SteveR]

Quote:

Originally Posted by HaHa Looking at the table of contents, I think we can say without fear of contradiction that Mike G. has written the exhaustive definitive never to be trumped guide to retirement. I don't remember if he covers burial vs. cremation, or scattering of the ashes vs. a tasteful urn on someone's mantle, but looks like everything else is here. I notice a heading entitled-"Mortgage Payoff Attracts Heated Debate". That may even be an understatement, as anyone who has been around here for the SG/Bunny playoffs can attest. Ha

Could not agree more on all our comments. The SG vs CFB debates should be in the Best of the Board area.

[sgeeeee]

Thanks for the well-wishing.* * * The final manuscript (after reviews and modifications) went to the publisher today.* Wiley is currently predicting release in January 2007.* So it's a little bit early for any announcements.* I'm pushing the Project Editor to move the release date up to October, but I don't know if that's possible.

The book targets a narrow audience (technical professionals) and is really a beginner's book.* Most of you will find that you already know everything it says.* In fact, I may have learned it from you.* The text does not avoid math and graphs, but I tried not to languish in it and to also deal with some of the "softer" issues.*

The book takes a lot of ideas from dory and intercst and from a lot of you who have posted on these retirement boards.* As a preview, here is a more detailed outline:

Engineering Your Retirement

Mike Golio


1. Retire On Your Schedule
1.1. * Retirement Options
1.1.1. * * Work Till You Drop
1.1.2. * * Normal Age Retirement (~ age 65)
1.1.3. * * Get FIRED (Financial Independence, Retire Early)
1.1.4. * * Job Satisfaction, Retirement, and Financial Independence
1.1.5. * * Personal Attitude Changes
1.2. * Is there a retirement crisis?
1.2.1.* * * * Future of Social Security
1.2.2. * * Are you Saving enough?
1.3. * How much do I need to retire?*
1.3.1. * * How long will I need to fund retirement?
1.3.2. * * What will it cost?
1.3.3. * * What do I want to leave to my heirs?
1.4. * How long will it take me to save enough money?
1.5. * Learning your own Life Values.
1.5.1. * * Effects of debt
1.5.2. * * Lifestyle choices
1.5.3. * * Quantifying lifestyle choices
A Brief History of Social Security (sidebar discussion)

2. Analysis Tools & Calculations
2.1. * Predictions Based on Average Returns and Inflation
2.2. * Spending Models
2.3. * Historical Data
2.3.1. * * Stock Return Data
2.3.2. * * Bond Return Data
2.3.3. * * Inflation Data (CPI-U)
2.4. * Monte Carlo Simulation
2.5. * Historical Simulation and the 4% Rule
2.5.1. * * Safe Withdrawal Rate
2.5.2. * * Terminal Value
2.5.3. * * Investing Profile
2.5.4. * * Re-evaluation and Adjustment of Your Plan
The Worst Time to Retire (sidebar discussion)

3. Live Below Your Means (LBYM)
3.1. * Spending
3.2. * Breaking the Relationship Between Earning and Spending
3.3. * Establishing budget projections
3.4. * Credit Cards
3.5. * Increasing Earning
Estimating Your Market Value (sidebar discussion)

4. Emergency Funds & Insurance (First Take Care of Stability)
4.1. * Medical Insurance and Healthcare Budgets
4.1.1. * * Planning for the transition to retirement
4.1.2. * * Options for the Retiree
4.2. * Emergency Fund
4.3. * Personal Financial Concerns
4.3.1. * * Family Size
4.3.2. * * Children and LBYM
4.3.3. * * Funding College
4.3.4. * * Financial Beliefs and Control Issues
4.3.5. * * Divorce
4.3.6. * * Aging or Ailing Parents
4.3.7. * * Long Term Care
4.4. * Documents
4.4.1. * * Will
4.4.2. * * Trust
4.4.3. * * Durable Power of Attorney (POA) for Finances
4.4.4. * * Medical Power of Attorney (POA) for Healthcare
4.4.5. * * Letter of Instruction and Distribution of Documents
Outside the Bandwidth:* The Secret to the Universe (sidebar discussion)

5. Investment Instruments
5.1. * Bonds
5.1.1. * * Government Bonds, Notes, and Bills
5.1.2. * * Agency Bonds
5.1.3. * * Municipal Bonds
5.1.4. * * Corporate Bonds
5.1.5. * * Zero-Coupon Bonds
5.2. * Stocks
5.3. * Real estate
5.3.1. * * Investment Property
5.3.2. * * Fix’n’Flip
5.3.3. * * REITs
5.4. * Annuities
5.5. * Defined Benefit Plans (Pensions)
5.6. * Cash and Certificates of Deposit
5.7. * Social Security
5.8. * Mutual Funds
5.9. * Exchange Traded Funds (ETFs)
5.10. * Commodities
Estimation of Portfolio Requirements Including Social Security and Pension Benefits (sidebar discussion)

6. Your Investment Plan
6.1. * Eliminate “bad” debt
6.2. * Investment Issues
6.2.1. * * Diversify
6.2.2. * * Fees Matter
6.2.3. * * Timing Markets and Picking Stocks
6.2.4. * * Risk versus Return
6.2.5. * * Longevity Risk
6.2.6. * * Investment Correlations
6.2.7. * * Asset Allocation
6.2.8. * * Develop An Investment Plan
6.2.9. * * Mechanics of Rebalancing
6.2.10. * * Financial Advisors Are Not Your Friend
6.2.11. * * Monthly investing and Dollar Cost Averaging (DCA)
6.3. * Tax Advantaged Accounts and Free Money
6.3.1. * * 401(k)s, 403(b)s, and 457 Plans
6.3.2. * * Company Matching (Free Money)
6.3.3. * * IRAs
6.3.4. * * Health Savings Accounts
6.3.5. * * 529 Plans (Saving for College)
6.4. * Taxable Investments
6.5. * House – Purchase or Rent?
6.6. * Mortgage Payoff Decision
6.7. * Taxes
Computing Individual Investor Returns (sidebar discussion)

7. What will I do when I retire?
7.1. * Work part time
7.2. * Travel
7.3. * Volunteer
7.3.1. * * Professional Society Volunteer Activities
7.3.2. * * Non-professional Volunteer Activities
7.4. * Recreation and Leisure
7.5. * Health and Self Improvement
Continuing Adventures of Bo Cambert & Leary McFly (sidebar discussion)

8. Final Issues
8.1. * Before You Leave the Building
8.2. * Where to Live
8.3. * Sources of Income
8.3.1. * * Social Security Decisions
8.3.2. * * Pensions and Annuities
8.3.3. * * Fixed-Income Ladders
8.3.4. * * 72(t) Withdrawals (SEPP)
8.3.5. * * Required Minimum Distributions (RMD)
8.3.6. * * Reverse Mortgages
8.4. * Taxes
8.5. * Rebalancing
8.6. * Heirs
Estimation of Portfolio Requirements Including Mortgage Payments during Retirement (sidebar discussion)

Appendix A:* Web Site URLs: Information, Online Calculators and Software (see www.golio.net, Table of Contents and URLs)

Appendix B:* Fundamental Financial Equations

Appendix C:* Longevity Table

[sgeeeee]

Quote:

Originally Posted by Cut-Throat You'll never have to worry about me. I am the consumate slug. Earning money is so foreign to my being that I actually feel guilty for collecting passive income (dividends, interest). I help out my friends with their computer problems only if they promise not to pay me. 8)

I do worry about you, CT. The world needs people who think like you.

As far as earning money, you obviously don't understand the world of technical publications. Nobody makes enough money to make it worthwhile. If money is a motivator, I would be better off putting an add in the local paper offering to do manual labor at minimum wage.

:

Quote:

Originally Posted by sgeeeee I do worry about you, CT. The world needs people who think like you. As far as earning money, you obviously don't understand the world of technical publications. Nobody makes enough money to make it worthwhile. If money is a motivator, I would be better off putting an add in the local paper offering to do manual labor at minimum wage. :

See, I told you I don't know how to earn money.

[Brat]

Try to get it on the market in time for Christmas. The publisher thinks this is a 'technical' book, I think it would be a great gift for technical professionals.

It should fly off the shelves at Powell's (particularly their Technical Bookstore) and at bookstores in Seattle and the Bay area.

[cute fuzzy bunny]

I'm just pleased to have taught SG the right answer about the mortgage debate.

[sgeeeee]

Quote:

Originally Posted by HaHa . . .I don't remember if he covers burial vs. cremation, or scattering of the ashes vs. a tasteful urn on someone's mantle, but looks like everything else is here. . .

Ha,

I didn't think I needed to cover that. Surely the correct procedure is to donate your body to science.

[sgeeeee]

Quote:

Originally Posted by Cute Fuzzy Bunny I'm just pleased to have taught SG the right answer about the mortgage debate.

Thank-you.

[cute fuzzy bunny]

Quote:

Originally Posted by sgeeeee the correct procedure is to donate your body to science.

Sure. Last thing you get to do on earth is gross out some unsuspecting medical students. Bravo!

Quote:

Originally Posted by sgeeeee Thank-you.

No extra charge. I'm sure the name calling and all that helped you a lot during the cycle of dealing with the publisher.

[sgeeeee]

Quote:

Originally Posted by Cute Fuzzy Bunny Sure. Last thing you get to do on earth is gross out some unsuspecting medical students.* Bravo!

I hadn't even thought of that. An added bonus.

Quote:

No extra charge. I'm sure the name calling and all that helped you a lot during the cycle of dealing with the publisher.

Publishers are actually pretty easy to deal with. They learn how to be nice even when they are rejecting you.

Now reviewers on the other hand. They are annonymous and they can be vicious. I was actually very lucky to get excellent review input from an attorney, a doctor, a retired engineering executive and a couple of other mid-career engineers with families. But the publisher did send the manuscript to a Financial Planner too. He took grave offense to much of the book's message. He particularly disliked the Section titled, "6.2.10. Financial Advisors Are Not Your Friend". You can't please everybody.

[Cool Dood]

Quote:

Originally Posted by sgeeeee But the publisher did send the manuscript to a Financial Planner too. He took grave offense to much of the book's message. He particularly disliked the Section titled, "6.2.10. Financial Advisors Are Not Your Friend". You can't please everybody.

LOL