Advanced Retirement Income Planning - Softcover

Otar, Jim C.

Softcover

ISBN 10: 0968963447 ISBN 13: 9780968963449

Publisher: Otar & Associates, 2020

Synopsis

Advanced Retirement Income Planning was originally written as a CE course textbook for financial professionals. However, it is also suitable for those with some financial knowledge. It covers the impact of luck, random (Gaussian) and fractal (non-Gaussian) market events, asset allocation, diversification, life annuities, math of loss and sustainable withdrawal rates using actual market history. Many worked examples are also included. This paperback version is in black and white print.

About this title

About the Author

Jim C. Otar is a retired financial advisor and a retired engineer. He has written several books and over one hundred articles since 1995. He introduced and quantified the concept of "luck factor" which won him the CFP Board Article awards in 2001 and 2002. This was later popularized in the financial business as the "sequence of returns". Jim retired in 2018. He spends his winters in outskirts of Toronto and his summers at his trailer in the Niagara region.

From the Back Cover

After discovering and quantifying the importance of luck in retirement planning, this book is the 2024 update of all Otar's findings on this important topic.<br>Both random and fractal market events are part and parcel of what happens in your retirement portfolio. Findings in this book are based on actual market history, which includes both of these market behaviors. It reflects the sequence of returns, inflation, and interest rates exactly as they happened in history, preserving their correlation through different secular and cyclical trends both in random and non-random regions. The process described in this book makes assumptions about future portfolio growth rate and inflation, unnecessary.<br> <br>&quot;Otar's books and articles are essential for any advisor who wants to improve his or her retirement income planning skills - and might even be useful for the ambitious amateur&quot; - Kerry Pechter of Retirement Income Journal

Edition details

• Publisher: Otar & Associates
• Publication date: 2020
• Language: English
• ISBN 10: 0968963447
• ISBN 13: 9780968963449
• Binding: Paperback
• Number of pages: 105