I'm Retiring, Now What?! Get Your Finances in Order/ Decide Where To Retire/ Healthy Living

by Egan, Hope; Wagner, Barbara

• ISBN13: 9780760726556
• ISBN10: 0760726558
• Format: Paperback
• Copyright: 2001-09-10
• Publisher: Silver Lining Books

Summary

Ahead of you lies the freest, most exciting time of your life--when you choose wisely about the requirements of retirement. Money is the starting point, and all the big decisions are reduced to clear, essential instructions, including checklists for spouses to compare notes. Follow the how-to guide for keeping track of your assets, so you know when and how to apply for Social Security, maneuver the Medicare maze, and file retiree taxes. Special section: senior scams to watch out for. Once you're in control of your money, try the valuable tips as you consider a second career, travel, volunteer work, and whether to move or stay in your home. Since health and relationships go hand in hand, enjoy the conversation starters on what to do when one of you is retired and the other isn't, or when one of you wants to work and the other wants to play.

Table of Contents

... the best is yet to be	6	(12)
What's it all about?	8	(2)
Getting ready to retire	10	(2)
Consulting and part-time work	12	(2)
You and your partner	14	(2)
Now what do I do?	16	(2)
your money	18	(22)
Get your finances in order	20	(2)
Do you know how much goes out?	22	(2)
Income and assets	24	(2)
What's the outlook for you?	26	(2)
Investing during retirement	28	(2)
How long will your nest egg last?	30	(2)
Paying taxes during retirement	32	(2)
Money-saving ideas	34	(2)
Financial planners	36	(2)
Now what do I do?	38	(2)
getting out of debt	40	(12)
Credit card debt	42	(2)
Kicking the credit card habit	44	(2)
Debt solutions	46	(2)
Scams aimed at seniors	48	(2)
Now what do I do?	50	(2)
where do you want to retire?	52	(22)
First you fantasize	54	(2)
Keeping your existing home	56	(2)
Reverse mortgages	58	(2)
Selling your home	60	(2)
Moving far afield	62	(2)
Geographical considerations	64	(2)
Senior Living alternatives	66	(2)
Evaluating retirement communities	68	(2)
Moving and taxes	70	(2)
Now what do I do?	72	(2)
Staying active	74	(16)
Indulge your hobbies and interests	76	(2)
Start a second career	78	(2)
Check out volunteer work	80	(2)
Take a trip	82	(2)
Try traveling with a group	84	(2)
Go back to school	86	(2)
Now what do I do?	88	(2)
social security	90	(14)
Time to start collecting	92	(2)
When to start taking your benefits	94	(2)
Applying for benefits	96	(2)
Taxes on your benefits	98	(2)
Social Security and your family	100	(2)
Now what do I do?	102	(2)
401 (k)s and pensions	104	(20)
Your 401(k)	106	(2)
401(k): Lump-sum distribution	108	(2)
401(k): Leave it with your employer	110	(2)
401(k): Required distributions	112	(2)
Your SEP, Simple, or Keogh	114	(2)
Your pension	116	(2)
Pension: Annuity payments	118	(2)
Pension: Lump sum payment	120	(2)
Now what do I do?	122	(2)
dealing with IRAs	124	(14)
Your accounts and taxes	126	(2)
Individual Retirement Accounts (IRAs)	128	(2)
IRAs: Distribution and taxes	130	(2)
Roth IRAs	132	(2)
Annuities	134	(2)
Now what do I do?	136	(2)
insurance needs	138	(20)
Life insurance	140	(2)
Medicare	142	(2)
Medigap insurance policies	144	(2)
Different types of healthcare plans	146	(2)
Health insurance---if you retire before age 65	148	(2)
Long-term care insurance	150	(2)
Buying long-term care insurance	152	(2)
Medicaid	154	(2)
Now what do I do?	156	(2)
estate planning	158	(18)
Your estate	160	(2)
Wills	162	(2)
The executor's job	164	(2)
Power of attorney	166	(2)
Trusts	168	(2)
Tax consequences for your heirs	170	(2)
Funeral planning	172	(2)
Now what do I do?	174	(2)
longevity basics	176	(18)
Healthy living	178	(2)
Eating right	180	(2)
Exercise	182	(2)
Recommended checkups	184	(2)
Memory loss	186	(2)
Grief	188	(2)
Depression	190	(2)
Now what do I do?	192	(2)
glossary	194	(4)
index	198