Retirement: How to save enough, invest it well, and make your money last
About this ebook
To save enough to retire comfortably and then make your money last is challenging. The good news is that it can be done and this book shows you how.
It won’t be enough to put a small chunk of each paycheck into your retirement plan and trust in the market. A diversified portfolio is not sufficient. What about the 4% rule? No, it won’t save you. Yes, you had better maximize your Social Security payout.
Retirement sets out the facts about what it takes to save for a comfortable retirement and the key mistakes to avoid. Authors Edward F. McQuarrie, a renowned financial historian, and William J. Bernstein, a legendary voice in the investment world, pull back the curtain on 200 years of market history to reveal the hard, unvarnished truth about how much you really need to save for retirement and the best ways to do it.
You’ll discover:
How to spend well and invest successfully throughout your working life, to build wealth.State-of-the-art approaches for making your money go further so that you never run out.Proven strategies to cushion the ups and downs of the stock market.The most robust and successful methods for managing withdrawals after you’ve retired.
Retirement delivers a message of tough love. If you are saving for retirement, you need to hear it.
Discover more
About the author
Edward F. McQuarrie, Ph.D., is Professor Emeritus in the Leavey School of Business at Santa Clara University in California’s Silicon Valley, where he taught MBA students from 1985. After retirement in 2016, he took up new research interests in market history and retirement planning. His papers have appeared in the Financial Analysts Journal, the Journal of Portfolio Management, and the Journal of Financial Planning. He is the co-author of Retirement, alongside William J. Bernstein.
William J. Bernstein was a neurologist, co-founder of Efficient Frontier Advisors, an investment management firm, and has written several titles on finance and economic history including The Four Pillars of Investing and The Investor's Portfolio. He has contributed to the peer-reviewed finance literature and has written for several national publications, including Money Magazine and The Wall Street Journal. He has produced several finance titles, and also four volumes of history. He was the 2017 winner of the CFA Institute’s James R. Vertin Award. He is the co-author of Retirement.
