{"product_id":"engineering-your-retirement-isbn-9780471776161","title":"Engineering Your Retirement","description":"A practical retirement planning resource for engineers, scientists, and mathematicians\u003cbr\u003e \u003cbr\u003e In 1995, Dr. Mike Golio, an electrical engineer, became seriously interested in planning for early retirement. In 2003, at the age of 49, he and his wife achieved their goal of financial independence and retired. Engineering Your Retirement is an outgrowth of his research. Whether retirement is imminent or many years off, this valuable guide's straightforward, analytical approach to financial independence answers the critical questions to achieving successful, comfortable, and meaningful retirement.\u003cbr\u003e \u003cbr\u003e Written specifically for professionals in the engineering, science, and math fields, Engineering Your Retirement examines such important questions as:\u003cbr\u003e * How much money will I need to retire?\u003cbr\u003e * How long will it take for me to accumulate it?\u003cbr\u003e * What types of post-retirement activities are available to technical professionals?\u003cbr\u003e \u003cbr\u003e \u003cbr\u003e Engineering Your Retirement discusses financial independence from the unique cultural view of the technical professional and features many charts, graphs, analytical tools, and equations to help present the financial nuts-and-bolts of retiring in a logical and analytical manner. It offers practical, firsthand advice from an industry expert on:\u003cbr\u003e * Effectively budgeting for investments\u003cbr\u003e * Planning for health insurance\u003cbr\u003e * Choosing a retirement community\u003cbr\u003e * Building up a cash\/bond ladder\u003cbr\u003e * Considering inflation\u003cbr\u003e * Portfolio requirements\u003cbr\u003e * Investment allocations\u003cbr\u003e * Paying off a mortgage\u003cbr\u003e * And much more!  Preface.  \u003cp\u003eAcknowledgments.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1. Retire On Your Schedule.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1. Retirement Options.\u003c\/p\u003e \u003cp\u003e1.2. Is There a Retirement Crisis?\u003c\/p\u003e \u003cp\u003e1.3. How Much Do I Need to Retire?\u003c\/p\u003e \u003cp\u003e1.4. How Long Will it Take Me to Save Enough Money?\u003c\/p\u003e \u003cp\u003e1.5. Learning Your Own Life Values.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Analysis Tools and Calculations.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1. Predictions Based on Average Returns and Inflation.\u003c\/p\u003e \u003cp\u003e2.2. Spending Models.\u003c\/p\u003e \u003cp\u003e2.3. Historical Data.\u003c\/p\u003e \u003cp\u003e2.4. Monte Carlo Simulation.\u003c\/p\u003e \u003cp\u003e2.5. Historical Simulation and the 4% Rule.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Live Below Your Means (LBYM).\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1. Spending.\u003c\/p\u003e \u003cp\u003e3.2. Breaking the Relationship Between Earning and Spending.\u003c\/p\u003e \u003cp\u003e3.3. Establishing Budget Projections.\u003c\/p\u003e \u003cp\u003e3.4. Credit Cards.\u003c\/p\u003e \u003cp\u003e3.5. Increasing Earnings.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Emergency Funds and Insurance (First Take Care of Stability).\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1. Medical Insurance and Healthcare Budgets.\u003c\/p\u003e \u003cp\u003e4.2. Emergency Fund.\u003c\/p\u003e \u003cp\u003e4.3. Personal Financial Concerns.\u003c\/p\u003e \u003cp\u003e4.4. Documents.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Investment Instruments.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1. Bonds.\u003c\/p\u003e \u003cp\u003e5.2. Stocks.\u003c\/p\u003e \u003cp\u003e5.3. Real Estate.\u003c\/p\u003e \u003cp\u003e5.4. Annuities.\u003c\/p\u003e \u003cp\u003e5.5. Defined Benefit Plans (Pensions).\u003c\/p\u003e \u003cp\u003e5.6. Cash and Certificates of Deposit.\u003c\/p\u003e \u003cp\u003e5.7. Social Security.\u003c\/p\u003e \u003cp\u003e5.8. Mutual Funds.\u003c\/p\u003e \u003cp\u003e5.9. Exchange-Traded Funds (ETFs).\u003c\/p\u003e \u003cp\u003e5.10. Commodities.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Your Investment Plan.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1. Eliminate “Bad” Debt.\u003c\/p\u003e \u003cp\u003e6.2. Investment Issues.\u003c\/p\u003e \u003cp\u003e6.3. Tax-Advantaged Accounts and Free Money.\u003c\/p\u003e \u003cp\u003e6.4. Taxable Investments.\u003c\/p\u003e \u003cp\u003e6.5. House—Purchase or Rent?\u003c\/p\u003e \u003cp\u003e6.6. Mortgage Payoff Decision.\u003c\/p\u003e \u003cp\u003e6.7. Taxes.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 What Will I Do When I Retire?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1. Work Part-Time.\u003c\/p\u003e \u003cp\u003e7.2. Travel.\u003c\/p\u003e \u003cp\u003e7.3. Volunteer.\u003c\/p\u003e \u003cp\u003e7.4. Recreation and Leisure.\u003c\/p\u003e \u003cp\u003e7.5. Health and Self-Improvement.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Final Issues.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1. Before You Leave the Building.\u003c\/p\u003e \u003cp\u003e8.2. Where to Live.\u003c\/p\u003e \u003cp\u003e8.3. Sources of Income.\u003c\/p\u003e \u003cp\u003e8.4. Taxes.\u003c\/p\u003e \u003cp\u003e8.5. Rebalancing.\u003c\/p\u003e \u003cp\u003e8.6. Heirs.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix A: Web Site URLs: Information, Online Calculators and Software.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix B: Fundamental Financial Equations.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAppendix C: Longevity Table.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAbout the Author.\u003c\/b\u003e\u003c\/p\u003e  \"This book should be of interest to anyone looking forward to retiring comfortably on one's own schedule.\" (\u003ci\u003eMicrowave Journal\u003c\/i\u003e, October 2007)  \u003cp\u003e\"Whether a novice or a seasoned veteran…definitely consider adding it to your library.\" (\u003ci\u003eIEEE Microwave Magazine\u003c\/i\u003e, June 2007)\u003c\/p\u003e \u003cp\u003e\"…a worthwhile addition to your early retirement library. It's highly recommended.\" (\u003ci\u003eThe Retire Early Online Magazine\u003c\/i\u003e, January\/February 2007)\u003c\/p\u003e \u003cp\u003e“…Nelson’s compendium has proved to be an essential resource for so many people interested in fishes, for so long…” (\u003ci\u003eReviews in Fish Biology and Fisheries\u003c\/i\u003e, 2006)\u003c\/p\u003e \u003cb\u003eMike Golio\u003c\/b\u003e has worked in the electrical engineering field for more than thirty-one years. During his career, his job titles included: member of the technical staff, research assistant, assistant professor, senior engineer, manager, and director. He's authored more than 150 technical papers and served as an editor for five books, as well as a reviewer for several professional journals, IEEE conferences, and book publishers. He currently enjoys spending time on technical efforts, participating in professional activities, and serving as Editor in Chief for \u003ci\u003eIEEE Microwave Magazine\u003c\/i\u003e.  A practical retirement planning resource for engineers, scientists, and mathematicians\u003cbr\u003e \u003cbr\u003e   \u003cp\u003eIn 1995, Dr. Mike Golio, an electrical engineer, became seriously interested in planning for early retirement. In 2003, at the age of 49, he and his wife achieved their goal of financial independence and retired. Engineering Your Retirement is an outgrowth of his research. Whether retirement is imminent or many years off, this valuable guide's straightforward, analytical approach to financial independence answers the critical questions to achieving successful, comfortable, and meaningful retirement.\u003c\/p\u003e \u003cp\u003eWritten specifically for professionals in the engineering, science, and math fields, Engineering Your Retirement examines such important questions as:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow much money will I need to retire?\u003c\/li\u003e \u003cli\u003eHow long will it take for me to accumulate it?\u003c\/li\u003e \u003cli\u003eWhat types of post-retirement activities are available to technical professionals?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eEngineering Your Retirement discusses financial independence from the unique cultural view of the technical professional and features many charts, graphs, analytical tools, and equations to help present the financial nuts-and-bolts of retiring in a logical and analytical manner. It offers practical, firsthand advice from an industry expert on:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eEffectively budgeting for investments\u003c\/li\u003e \u003cli\u003ePlanning for health insurance\u003c\/li\u003e \u003cli\u003eChoosing a retirement community\u003c\/li\u003e \u003cli\u003eBuilding up a cash\/bond ladder\u003c\/li\u003e \u003cli\u003eConsidering inflation\u003c\/li\u003e \u003cli\u003ePortfolio requirements\u003c\/li\u003e \u003cli\u003eInvestment allocations\u003c\/li\u003e \u003cli\u003ePaying off a mortgage\u003c\/li\u003e \u003cli\u003eAnd much more!\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley-IEEE Press","offers":[{"title":"Default Title","offer_id":47989138751717,"sku":"NP9780471776161","price":54.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780471776161.jpg?v=1761782953","url":"https:\/\/k12savings.com\/products\/engineering-your-retirement-isbn-9780471776161","provider":"K12savings","version":"1.0","type":"link"}