Author: John Sirois

Publisher:

Published: 2016-04-10

Total Pages:

ISBN-13: 9780692675854

If you live in Louisiana and are retired or within five to ten years of retirement, you must read this one-of-a-kind book. This book explains the decisions that all retirees and pre-retirees face to ensure lifetime income and a comfortable retirement. Detailed topic explanations include making your money last; optimal withdrawal rates; retirement plan rollovers; net unrealized appreciation treatment of employer stock; managing investment risk during retirement; investment selection tools; pros and cons of annuities; required minimum distributions; maximizing tax deferralbeneficiary selection; and much more. The book explains estate planning techniques to minimize taxes, and how to protect your assets from creditors and long-term care expenses. Additional estate planning techniques describe how to protect your children or grandchildren from themselves through the use of trusts. Because the book is Louisiana-specific, detailed discussions of community property, usufruct and naked ownership, forced heirship, Louisiana Public Retirement System options are included. This book goes well beyond the basics of retirement and estate planning. Although the book drills down into complex issues facing retirees, the chapters include summaries and are broken down by topic. Each chapter may be read independently to quickly find the information you are seeking.