Retirement Investing for Income Only: How to Manage a Retirement Portfolio Only for Reliable, Long Term Income, Paperback/MR Bruce C. Miller Cfp

Descriere

Description Since 2012 approximately 10, 000 Baby-Boomers are attaining age 65 EACH DAY and will continue at this rate for 19 YEARS WHEW Of those retiring today, according to the Bureau of Labor Statistics, less than 16% will have a pension. All others will be taking their retirement savings with them as they leave their job for the last time. The quest for reliable income in retirement is now upon us The days of investing to 'beat the market' are over For retirees, the fun and games are done...its time, for most, to get serious about how retirement savings are invested. And what retirees want is income...reliable, growing with inflation and income that will last. The retiree wants income that will be there each month to replace the now absent paycheck. In addition, most retirees want to understand...fully understand...how their savings dollars are being invested. They want to see it. It must be clear. The days of poorly-understood 'black boxes', get rich plans and those ubiquitous financial 'free lunches' are nothing but bad memories. Its time to get serious. This book takes the singular approach to generating reliable and inflation growing income to the retirement household, quarter after quarter, year after year and decade after decade....using only the income produced by these investments. Income investments are limited to long time income paying stocks, preferred stock, bonds and possibly alternative income instruments, such as Royalty Trusts, Business Development Companies or mutual funds (closed end, open end and Exchange Traded). This book analyzes each of these, in detail, on where their cash flows come from, how reliable their cash flows have been over the years and for the core income holdings such as C-Corporations, Utilities, REITs and Master Limited Partnerships, the underlying financial strength of the company thus their ability to sustain and grow their dividends into the future. Yes, this book gets into the details and math is involved. Now, this is r