Live It Up Without Outliving Your Money!: Getting the Most from Your Investments in Retirement - Hardcover

by Paul Merriman (Author)

Completely expanded and updated, Live it Up Without Outliving Your Money! Second Edition is the financial roadmap that people are looking for. Based on the author's experience in the financial services sector since the mid-1960s, including more than 30 years as an investment advisor and money manager, this plain-talking book gives readers simple strategies to add between $1,000 and $10,000 to their monthly income in retirement, and without taking any of the dumb risks of the past.

This reliable resource motivates readers to take the first steps to change their financial situation; presents multiple strategies for withdrawing money during retirement; and exposes the marketing tricks perpetrated by financial institutions. This book also includes added focus on newer issues such as ETFs, REITs, estate planning, IRA withdrawals, and updated allocation strategies.

Live it Up Without Outliving Your Money!

- Allows readers to tailor a financial plan for retirement that takes into account the amount of risk they're willing to tolerate

- Provides multiple strategies for withdrawing money once in retirement while also building an estate for children and other survivors

- Exposes the marketing tricks and emotional ploys perpetrated by financial institutions and the personal finance media that keep investors from making the best decisions - and provide real-world examples of these deceptions

- Motivates readers to take the first steps to change their financial situation, which is the most difficult part of the strategy

- Includes a dozen worksheets to help readers grapple with retirement planning

Front Jacket

The way we retire has changed significantly over the years, but it's just as true as ever that retirement is still about money. If you save and invest wisely today, you'll have more to spend tomorrow. While this idea may sound simple, actually executing it can be challenging, especially if you're unprepared.

For more than forty years, author Paul Merriman has helped thousands of investors achieve their long-term financial goals. Working as a hands-on money manager, he's made important investment decisions and created well-rounded financial retirement plans for investors just like you. Now, in this completely revised and updated edition of Live It Up Without Outliving Your Money!, Merriman shares the knowledge he's gained during his time "in the trenches" and reveals what it takes to create a portfolio that will fulfill your unique retirement needs.

Based on Merriman's professional experience and his popular retirement workshops, this reliable resource clearly puts the financial aspects of retirement in perspective. This book shows you what assets have the highest probability of giving you the returns you need, as well as how to control taxes and expenses. The simple strategies outlined in these pages will put you and your retirement portfolio on the road to success.

Filled with real-world stories and practical advice, as well as updated charts, graphs, tables, and recommendations, this accessible guide will:

• Motivate you to make better decisions about your retirement needs

• Show you new ways to make your retirement savings work for you

• Teach you how to determine your personal risk tolerance and use that information to avoid devastating losses

• Expose the marketing tricks perpetrated by Wall Street and the financial media

• Examine numerous options for withdrawing money after you've retired

• Help you find a financial advisor whose interests are in line with yours

• And much more

Many people struggle with the realities of retirement. This revised and updated edition of Live It Up Without Outliving Your Money! will show you how to make your retirement less stressful and more successful.

Back Jacket

Live It Up Without Outliving Your Money!

Over the course of his successful financial career, author Paul Merriman has helped thousands of clients manage their money--both before and after retirement. During this time, he developed an in-depth understanding of the important financial issues people face when it comes to retirement.

Now, in the revised and updated edition of Live It Up Without Outliving Your Money!, Merriman distills what he has learned and helps you create a portfolio that will fulfill your unique retirement needs in the process. From determining how much you will need to live on after retirement to recognizing and controlling the expenses of investing, the easy-to-understand strategies outlined in these pages can minimize the stress and maximize the success of this pivotal process.

You can have the retirement you desire. But to enjoy the life you want tomorrow, you have to plan and prepare today. The revised and updated edition of Live It Up Without Outliving Your Money! can help you achieve this goal, as it will put you--and your retirement portfolio--in a better position to succeed.

Author Biography

PAUL MERRIMAN is founder of Merriman Berkman Next, which manages more than $1.5 billion for more than 2,500 households throughout the United States. Merriman hosts Sound Investing, a weekly radio show that is archived online at www.SoundInvesting.com and was recently named Best Financial Podcast by Money magazine. Merriman is also publisher and editor of FundAdvice.com, which was rated "Best of the Web" by Forbes in 2000, 2001, and 2002. Over the last decade, more than 35,000 people have attended Merriman's free workshops on how to prepare for retirement. He regularly speaks before such groups as the American Association of Individual Investors and certified public accountant state societies. He is frequently interviewed in local and national media.