Scores of lawsuits have pushed retirement plan sponsors to shorter, easier-to-navigate menus, but – as Ian Ayres and Quinn Curtis argue in this work – we've only scratched the surface of retirement plan design. Using participant-level plan data and straightforward tests, Ayres and Curtis show how plan sponsors can monitor plans for likely allocation mistakes and adapt menus to encourage success. Beginning with an overview of the problem of high costs and the first empirical evidence on retirement plan fee lawsuits, they offer an overview of the current plan landscape. They then show, based on reforms to a real plan, how streamlining menus, eliminating pitfalls, and adopting static and dynamic limits on participant allocations to certain risky assets or 'guardrails' can reduce mistakes and lead to better retirement outcomes. Focusing on plausible, easy-to-implement interventions, Retirement Guardrails shows that fiduciaries need not be limited to screening out funds but can design menus to actively promote good choices.

"This book is quite insightful and puts great focus on a topic that's so crucial but not widely discussed as it should be. He has clearly brought to attention one of the major challenges to a secure retirement (both in terms of planning and execution).YOLO is a scam. There's life after retirement, and children are not the plan. " ~ Peter V. Wilson, advocate for early retirement. Do you trust that your children will provide for you in your golden years? 58 percent of baby boomers expect financial assistance from their offspring upon retirement, according to the Transamerica Center for Retirement Studies. Why are parents thinking this way, and what does it mean for their lives and the lives of their children? This book discusses Why should you not rely on your children to fund your retirement. How to prepare for and enjoy retirement. Retirement planning tactics applicable regardless of your level of funds. A plethora of guidance on how to save money, invest intelligently, and establish a retirement income that will last a lifetime. Your Children Are Not Your Retirement Plan is a must-read for retirees and young people who will eventually become parents. About The Author George Smith is a well-known financial advisor. He has assisted many of his clients in developing financial discipline so that they can live a more meaningful life now and in retirement. As a member of the sandwich generation, he believes that with the correct knowledge and education, the financial ramifications of retirement for both parents and children may be more joyful. About The contributor Sylvie Tamanda, and successful businesswoman with over ten years’ experience in several sectors and professions. She was raised by a successful businessman and a mother who ran her own business. While her father passed away when she was only 16 years old, she was compelled to take over the operation of his business. Sylvie obtained a lot of experience because of her business exposure and early motherhood. She’s the creator of the Young and Independent project as well as a business coach. Her dedication to improving the lives of young black men and women who are struggling with their personal development, their financial situation, and the stagnation of their careers and businesses is very admirable.

A confluence of forcesfrom four million new retirees each year, massive government debt and unsustainable deficits, a still-broken financial system, and a global economic slowdownpower the retirement storm. Its unknown magnitude and duration will overwhelm the current retirement system. New retirees sense the approaching storm. Seventy-five percent state that they arent prepared to manage the twenty to thirty years they will spend in retirement. Fifty-four percent fear outliving their money. How to Survive the Coming Retirement Storm helps readers navigate the gap between the old, broken system, and the yet-to-be-defined new system. It offers readers a new perspective on the new retirement environment and the tools to guide them to safety.

What are the secrets to a healthy, happy, and wealthy retirement? To answer that question, longtime Morningstar columnist and podcaster Christine Benz asked 20 retirement thought leaders to go deep on a single lesson that they believe contributes to success in retirement. These lessons range from nitty gritty financial matters to quality-of-life considerations that help pre-retirees and retirees maximize their “time on earth” allocations. On the financial side of the ledger, the book delves into knowing your retirement income style (Wade Pfau), understanding how your spending might change in retirement (David Blanchett), and organizing your portfolio to support in-retirement cash flows (William Bernstein). Other interviews probe softer but no less important considerations, such as how to spend in order to optimize happiness (Ramit Sethi), the value of burnishing relationships later in life (Laura Carstensen), and living life so that you have no regrets in the end (Jordan Grumet). These lessons help soon-to-retire and already-retired individuals and their advisors tackle retirement with confidence, wisdom, and a specific plan for maximizing their financial and human capital.

THE INSTANT SUNDAY TIMES BESTSELLER As seen on ITV's This Morning! A life-changing 10-week plan to help you to turn your life around and design a path to financial freedom, enriched with the small experiences that bring you joy. Stop worrying about money. Start enjoying your life. You might be struggling in debt, living paycheque to paycheque, or worried about preparing for retirement; maybe you're considering your first investment, or you just want an escape plan from the '9 to 5'. Wherever you are on your journey, this book will revolutionize your lifestyle and your relationship with money. Authors Ken and Mary Okoroafor started out as resource-poor, working-class immigrants and have built a life of financial independence and joyful moments through hard work, smart saving and savvy investing. They know what it feels like to start from ground zero, and as a chartered accountant and former CFO, Ken shares his financial expertise to help you unlock the secret to building wealth. You'll learn how to take control of your finances, develop good money habits, become debt-free, invest in assets and multiply your income so you can create the freedom to travel, spend time with your loved ones and plan for a stress-free (early) retirement - all whilst prioritising your wellbeing and having fun! It also includes a dozen real-life interviews with singles, couples and those with children, from different backgrounds, age groups and stages of their money journey, including a few well-known public figures. Financial joy can be achieved by anyone - and it can start today, not tomorrow. 'The book that's been missing from this genre. A joy to read and learn from.' -- Cait Flanders, bestselling author of THE YEAR OF LESS and ADVENTURES IN OPTING OUT 'A book to savour' - JL Collins, author of the international bestseller The Simple Path to Wealth 'The most joyful money book out there' - Selina Flavius, author of Black Girl Finance Sunday Times Bestseller No.6 in Paperback Non-fiction April 2024

Whether you think it’s too late to plan for your golden years or too soon, this book is for you. Join five couples—all at different stages in their lives—on an investment seminar set on a Mississippi riverboat cruise. Financial gurus present in-depth “Reality Checks” of their assets, debts, and savings, providing straightforward examples easily applicable to your life no matter what your circumstances. In the context of national and global economic cycles including inflation, stagflation, recessions, and more, Retire and Refire offers practical and encouraging solutions to ensure your golden years are comfortable and meaningful—whether they are decades away or just around the river bend. Learn the importance of imagining the future you want, nurturing your purpose, and taking care of your family, as well as the pros and cons of: Retirement plans Stocks and bonds Real estate Life insurance Annuities Leveraging your assets and talents And more

When you hear the word retirement, you probably don't imagine yourself scrambling to pay your bills in your golden years. But for too many Americans, that's the fate that awaits unless they take steps now to plan for the future. Whether you're twenty five and starting your first job or fifty five and watching the career clock start to wind down, today is the day to get serious about your retirement. In Retire Inspired, Chris Hogan teaches that retirement isn't an age; it's a financial number an amount you need to live the life in retirement that you've always dreamed of. With clear investing concepts and strategies, Chris will educate and empower you to make your own investing decisions, set reasonable expectations for your spouse and family, and build a dream team of experts to get you there. You don't have to retire broke, stressed, and working long after you want to. You can retire inspired!

Ten timely financial steps to build the life you really want. The COVID-19 pandemic forced us to rethink everything. Now, when it comes to envisioning a post-pandemic future, noted financial expert Jill Schlesinger hears one question over and over: How far should I really go to change my life? The Great Money Reset is your guide to getting serious and building your best life. A road map for navigating our present era, this book shows us how to take advantage of the seismic changes unfurling all around us to make big life improvements. Whether it’s negotiating a better deal with your boss, starting or selling a business, moving to a new locale, retraining for a new career, taking time off to find yourself, or saying “the heck with it” and retiring early, The Great Money Reset provides an essential frame-work for strategizing and planning your next move. Is quitting your job a wise decision or the biggest mistake of your life? Should you pursue that graduate degree or are you throwing away your money for a few meaningless letters after your name? What kinds of lifestyle sacrifices will you need to make—and could you tolerate—in order to realize your dreams? What tax and investment moves should you make to secure your future as you head into uncharted territory? And how can you put yourself in a strong position to undertake future life transitions that you can’t fully imagine now? The Great Money Reset answers these and many other questions with Jill’s signature clarity, wit, and no-nonsense honesty. You’ll learn how to change your work, change your wealth, and change your life. In ten simple steps, this book empowers you to break free of your unsatisfying pre-pandemic reality and thrive, regardless of whatever surprises might come next.

The must-have guide to navigating your money so you can have the life you deserve. Financial conditions are tough. Back in the day, provided you spent less than you earned, you could pay off your mortgage and drift towards a comfortable retirement. This is no longer the case. In Kill Your Mortgage & Sort Your Retirement, you will learn how to reset your finances to put yourself in a better position to make real financial progress. Hannah McQueen will show you how to set financial goals, how to save well, how to improve your money-management system and how to get your money working harder for you. This is aimed at anyone, not only high-income earners or those who start saving for retirement early. Your money habits are more important than your income level, and self-awareness is more powerful than financial literacy. With well-explained theory, real case studies and proven methodologies, this is a must-have guide to navigating your money so you can have the life you deserve. It's not too late for anyone. This book puts you on the right track to maximise your forward momentum. Fully revised and updated edition for today's financial conditions. 'Anyone who is concerned about money needs to read this book.' Toni Street 'Hannah has empowered so many Kiwis to take control of their financial futures.' Jack Tame 'This book works! Hannah elevates your thinking, goals and results, whatever your financial situation.' Stacey Morrison