Retirement Income for Life
By Fred Vettese
A five-step game plan for turning your life savings into income that will last as long as you do.
You spend a lifetime accumulating assets and building wealth, and most of the financial industry and the information it produces are geared to that accumulation phase. But thousands of people are now hitting retirement age every day and are entering the decumulation phase of their life - the long period when they have to draw down their life savings to create retirement income with little information to go on.
Other than their health, retirees are most worried about running out of money before they die. Even those several years away from retiring feel this anxiety; a recent study reveals that for people aged forty-five and over, retirement-related issues top the list of their financial concerns.
Retirement Income for Life presents five clear strategies for making the most of your accumulated life savings, and for turning it into predictable, sustainable retirement income that will last as long as you do.
Enhancement 4 Calculator
In Retirement Income for Life, Fred Vettese helps readers to maximize the income they can safely draw in retirement. To determine the actual amount requires a sophisticated calculation tool, which the book calls “Enhancement 4”. That tool is available here at no charge and no obligation.
Enhancement 4 is recommended for anyone who is relying heavily on retirement savings for their retirement security and who is now 50 or over and ready to contemplate immediate retirement. It is also applicable to anyone who has already retired.
Where to buy
Order Retirement Income for Life at Amazon
About the author
Frederick Vettese has been the Chief Actuary at Morneau Shepell for 26 years. He has spent most of his career advising large organizations on retirement matters. In recent years, his role has evolved into a more public one, helping to dispel myths about retirement planning. “Retirement Income for Life” is Fred’s third book on retirement. His first two books were “The Real Retirement” and “The Essential Retirement Guide”, both published by Wiley & Sons. Fred frequently expresses his views at industry conferences, in Canada’s national newspapers, and on TV and radio.
Fred was born and raised in Toronto and lives there with his wife Michelle.