Managing Retirement Wealth: An Expert Guide to Personal Portfolio Management in Good Times and Bad

Portfolio manager Jason (The AARP%C2%AE Retirement Survival Guide) offers a well-written and well-organized program, complete with ample charts and graphics, for readers on the eve of retirement. From the numbers she uses, it's clear that her suggestions are most applicable to those already situated in the top 10% of the nation's earners and savers, such as Diane, who is outspending her $6,000 per month alimony check by $2000 a month, but has a $1 million divorce settlement to draw on, or Michael and Ann, who need to draw $120,000 per annum from their $2.4 million nest egg. Readers wondering how to protect their income and investments in a time of economic uncertainty and market volatility will find plenty of excellent advice here, and for these who don't feel ready to follow her advice, Jason recommends a Personal Portfolio Manager. Unfortunately most Americans won't be in a position to follow even that strategy, given that U.S. median per capita income is still less than $4,000 per month. (Dec.)