Don't Die Broke: Taking Money Out of Your IRA, 401(k), or Other Savings Plan - and Creating Lasting Retirement Income - Softcover

Malaspina, Margaret A; Malaspina, Margaret A.

9781576600405: Don't Die Broke: Taking Money Out of Your IRA, 401(k), or Other Savings Plan - and Creating Lasting Retirement Income

Softcover

ISBN 10: 1576600408 ISBN 13: 9781576600405

Publisher: Bloomberg Pr, 2000

People spend years saving for retirement. But how can they find out exactly what to do with the money they've accumulated? What are the various and complicated options they need to know about so they don't risk big tax hits? How can this hard-earned money be turned into lasting income?

Don't Die Broke, in hardcover format, went to a third printing within four months of publication. As baby boomers are faced with financial questions they've never had to think about, they can turn to author Margaret Malaspina for her expert financial advice. Peter Lynch says, "There's not another book like it".

Here's how one reader describes Don't Die Broke: "This book was a great surprise. I didn't expect to like it, mostly because I hate the very thought of retirement planning and I approach the subject kicking and screaming. Yet it is time, and this book has been an enormous help. It makes the subject at least accessible, if not downright friendly".

There are hundreds of books on saving for retirement and investing in retirement. This book is different. Don't Die Broke picks up where most retirement planning leaves off -- and sets the standard for reader-friendly information on a complicated topic.

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Review:

Don't Die Broke: How to Turn Your Retirement Savings into Lasting Income, by personal-finance writer and financial-education specialist Margaret A. Malaspina, offers a fresh take on one of today's hottest money matters by outlining ways to tap most effectively into the retirement nest egg that you're currently nurturing. While most such guides concentrate on actually amassing those future fiscal resources in the first place, Malaspina shows instead how to maximize what you're (hopefully) already building so you'll (hopefully) always have what you need. "Most people find themselves making decisions about retirement plan distributions with little guidance," she writes. "Few people understand the consequences of their choices--or, indeed, what choices they have." In clear, highly focused chapters, she offers solid suggestions for creating a lasting retirement income, lowering potential taxes, and building an estate worth passing along. --Howard Rothman

About the Author:

Malaspina is a principal of Malaspina Communications. She is a former vice president at Fidelity Investments.

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