Even today, the article is topping the most popular online hits at the post so its probably worth its own thread here in the retirement forum. Here is the direct download link expired i havent read it, but from i can gather it seems targeted at those diy investors who are carefully planning the withdrawal phase of retirement, and. That doesnt necessarily mean you will run out of money, but it does mean. Managing a retirement portfolio explained in 100 pages or less available here on amazon was written to address those questions directly. Orderunveiling the retirement myth, my 525page book about retirement income planning based on nongaussian philosophy, including numerous worked examples. Its time to debunk the retirement myth international living. Retirement means moving investments to stable funds. It is a mustread for all financial planners specializing in the retirement arena. This is the first book i have read on how to draw down on your nest egg, and all the real options available to you. Buy unveiling the retirement myth book online at best prices in india on. Unveiling the retirement myth anyone read the book unveiling the retirement myth.
I prefer the bucket strategy in the decumulation phase of retirement. This is just a quick note to let you know that you can download a free electronic copy direct link to pdf of jim otars book unveiling the retirement myth. Dont worry, the book is entertaining as well, not dry. I just finished a quick reading of jim otars book unveiling the retirement myth, and found it to be an eyeopening read. Give yourself a retirement planning gift for the new year free. Extensive research shows that many of the fundamental concepts used in the current retirement planning practice are mostly useless. Free pdf of unveiling the retirement myth by jim otar my. Excel monte carlo retirement calculator to determine the effectiveness of your retirement plan by randomly varying inflation and returns 50,000 times. After spending several years in engineering, he started his financial planning career in 1995. In my earlier book on this topic 1, i wrote about market history and how it applies to retirement planning. The book unveiling the retirement myth by jim otar does a great job on explaining the distribution stage, in detail, with actual numbers. Focusing on what many pundits believe will be the next major cri.
It is a nongaussian approach to retirement planning. The results can be strikingly different as jim otar points out in his book unveiling the retirement myth. This is just a quick note to let you know that you can download a free electronic copy direct link to pdf of jim otar s book unveiling the retirement myth. Im now wanting an ipad to read all these free ebooks out there. His first book was about canadian dividend reinvestment plans. Otar, a financial advisor, certified financial planner, and engineer, clearly explains these topics and more in his book unveiling the retirement myth. He wrote a book unveiling the retirement myth on retirement income planning. This excellent book is oriented towards financial advisers. Keynote speaker jim otars unique expertise stems from applying his engineering and technical analysis background to retirement planning. Here is a fresh look at lifelong retirement income planning. Order unveiling the retirement myth, my 525page book about retirement income planning based on nongaussian philosophy, including numerous worked.
I just finished the book unveiling the retirement myth advanced retirement planning based on market history by jim c. The myth is that planning to withdraw retirement funds is just like planning to accumulate retirement funds. Im still recovering from holidays, but i did see today that retirement specialist jim otar has made his book unveiling the retirement myth available in pdf format for free until january 9, 2011. I would hope that you would choose to use real market data over the last 114 years as your data base instead of you trying to put constraints on a random number generator. How does this book hope to be better than, for example, the bogleheads guide to retirement planning or jim otars unveiling the retirement myth. What you will find in this book is pure historical data applied to retirement planning. Library and archives canada cataloguing in publication otar, jim c. For individual investors planning for retirement, basing those plans on averages just doesnt cut it. Excel monte carlo retirement calculator freefincal. Jim authored several books including, unveiling the retirement myth advanced retirement planning based on market history. This is without a doubt one of the most thorough, detailed. Also you have to factor in when you will be taking social security which is the most important part of your retirement plan. To crunch the numbers, we turned to financial planner jim otar, author of unveiling the retirement myth. People on the bogleheads and early retirement forums also liked it.
The first ever calculator i made was based on backtesting methods outlined in this book. I used to believe the retirement fantasy propagated by the financial industry, corporate america, and the government. This book is based on my research of retirement planning involving one hundred and nine years of market history. I think it is, quite simply, the best book on retirement planning ever written. Otars book, unveiling the retirement myth, and found it most enlightening. Unveiling the retirement myth advanced retirement planning based on market history. Unveiling the retirement myth folio investing blog. In my opinion, jim, your book should be mandatory reading for every financial advisor. An excellent and comprehensive analysis of numerous retirement income strategies. Otar, a financial advisor, certified financial planner, and engineer in this second post, i share a few quotes that epitomize the realitybased themes and critical insights woven throughout otars text.
I made a deliberate decision to wrest control of my retirement destiny away from anyone who was trying to sell me down the river. Unveiling the myths that fuel muslim antisemitism read online. Free pdf of unveiling the retirement myth by jim otar my money. Order unveiling the retirement myth, my 525page book about retirement income planning based on nongaussian philosophy, including numerous worked examples. My latest book is winning in the robotic workplace, a guide to prospering in the age of. He takes about 150 pages to debunk the myth of retirement planning. Advanced retirement planning based on market history by jim c. The book unveiling the retirement myth by jim otar does a great job on explaining the. Jim otar, however, offers a slightly different method in his unveiling the retirement mytha method which makes an effort to minimize the returndamaging effects of volatility while selling. Misgivings regarding otars unveiling the retirement myth early. After spending several years in engineering and investing for his own account, he started his financial planning career in 1995. Jim is a financial planner from toronto, and based on the sheer volume of calculations and models in this book, some kind of rainman. In his book unveiling the retirement myth, cfp and professional engineer jim otar reports that, even at a low withdrawal rate of 3%, there is nearly a one in four chance that your portfolio will sustain a loss early in your retirement from which it will never recover.
Book unveiling the retirement myth free ebook download as pdf file. Here is a fresh look at lifelong retirement income planning, based on 109 years of market history. There are so many books about saving, investing, and building your portfolio, that it is rare to find a good book about spending down your portfolio, or the distribution stage. Otars website has a lot of info, i recommend it highly. No sales gimmicks, no magic formulas, just the facts. Nonetheless, otars unveiling the retirement myth is a great reality check, providing knowledge of how various retirement planning strategies would have historically turned out if. Any investor who is sophisticated and interested enough to pick up the book already knows that 6% is excessive and that anyone who chooses.
Just wanted to thank you for your book unveiling the retirement myth. Unveiling the retirement myth advanced retirement planning based on market history jim c. Asset allocation for retirement portfolios oblivious. Book unveiling the retirement myth present value retirement.
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