Conserving Client Portfolios During Retirement

By William P. Bengen and CFP William P. Bengen

The leading edge of the baby boomer wave will pass through age 60 this year. Retirement looms large for them and the 20-year generation that follows. Although many in the generation have saved to... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0975344838
• ISBN13: 9780975344835
• Release Date: May 2006
• Publisher: FPA Press
• Length: 168 Pages
• Weight: 0.68 lbs.
• Dimensions: 0.6" x 5.3" x 8.2"

Customer Reviews

A must read for anyone thinking about, approaching or in Retirement

This is an easy review to write so I'll make it short and sweet. This book is probably worth more to me that every other book I have ever read on retirement planning (and I have read several dozen). Bill Bengen is a genius in the area of retirement planning and a pioneer in developing models to determine sustainable withdrawal rates. His work is considered by others (financial planners included) as the "gold standard". I cannot say enough about how much I learned from reading his book. It's simply a "must read". You would be remiss (bordering on negligent) in not adding this tremendous work to your library.

A must read for retirees

Every retiree concerned about making their assets last in retirement should read this book. It is ground breaking research that was originally done in the early 90's with all the data brought up to date combined with much new information that supplement and confirm the so called "4% solution". It will give you a clear understanding of withdrawal rates and how they affect the longevity of your invested portfolio based on real historical market data. It also gives good insight into how various investment vehicles impact overall returns and hence the ability to increase your withdrawal rate. It is a pricey book but if you read it carefully, it is more than worth its price and can provide valuable lessons for the remainder of your life. Though not a book about accumulating wealth, it is a very throughly done research about how to spend your wealth in retirement effectively. Very highly recommended.

Great Advice

Plenty of good research. Easy to understand. Very helpfull for our retirement planning. A best buy book!