J.K. Lasser's Your Winning Retirement Plan

This is what happens when a highly qualified person writes a book to help others understand their retirement finances so that they can realistically plan and feel as comfortable as is possible with their present and future financial well-being. It is based on realistic historical and mathematical facts. The planning methodology is as good as it gets. I can't say enough about how useful this book has been to me to say nothing of the confidence I now have in my personal finances. It's not enough to say that Mr. Hebeler is to be congratulated!

Hebeler's approach answered for me my most challenging questions: 1] Will my retirement assets allow me to spend what I need (want) to spend each year during my years in retirement? 2] Can I grow my assets at my desired rate while simultaneously lowering the risk of my portfolio? 3] How can I evaluate my financial health each year in a meaningful and action-oriented manner?All your family members should read it. And if after reading Hebeler's book you still feel the need for professional financial planning, insist that he/she read it as well.

Mr. Hebeler was a practicing engineer and manager at Boeing for many years before he retired and his engineering mind with its attention to details shows through. Of significant note is his discussion of reverse dollar-cost averaging and his retirement autopilot method to provide a feedback mechanism. Nothing more than simple mathematics is used and his principles can be used without buying expensive software. This is one of the best investment books I have read in years!

I read everything I can get my hands on about retirement and this book is one of the best. Best because it's one of the most objective and factual accounts I've read. Hebeler backs up what he's talking about with fairly easy to understand charts giving different case senarios so you're bound to find your particular situation. His autopilot program explains how to keep your pre-retirement program on course. For the already retired, he shows what's necessary to keep from "out-living" your money, a fear many of us have in trying to decide when to retire. Hebeler provides worksheets at the back of the book for you to copy and do your own planning. Been thinking of hiring a retirement planner; now I think I can try it on my own. At the very least I'll be better prepared if I do decide to go to a financial retirement planner.

Recently I saw a film titled The Pledge. One of reviewers said it was an excellent movie but people wouldn`t like it. That's the way people may feel about Mr. Hebeler`s book. This is not a book about the joys of the golden years.This book is all about having enough bucks to get through the golden years. If you are planning or in retirement and want some excellent guidence then this book is for you. Mr Hebeler is critical of most financial programs and his research has led him to believe that most of them are too optomistic. There are plenty of tables with loads of figures in them regarding bull and bear markets. He does an excellent job on showing the reader how inflation has hurt the investor over the long run. His advice on how to set up an auto pilot regarding drawing down funds in retiremnt is worth the price of the book alone. His description of reverse dollar cost averaging will help the retiree determine what it really means to preserve their money. Mr.Hebeler has a very heavy math background. He has a degree from MIT in engineering.This should not deter you. There are plenty of tables and Mr.Hebeler takes the space and time to guide you.I have a general high school diploma and found the tables as well as the book very enjoyable.