Managing Your Money All-in-One For Dummies
xvi
Book VI: Retiring Comfortably ................................... 473
Chapter 1: 401(k) and 403(b) Retirement Investing . . . . . . . . . . . . . . . .475
What a 401(k) Does for You ....................................................................... 476
Saving Without Tears .................................................................................. 479
Taking Your Savings with You When You Change Jobs ......................... 480
Letting the Pros Work for You ................................................................... 480
Buying More When Prices Are Low ........................................................... 481
Improving Your Chances of an Ideal Retirement .................................... 481
Protecting Your Money ............................................................................... 482
Watching Out for Potential Pitfalls ............................................................ 484
Telling the Employer's Point of View ........................................................ 486
403(b): Different Name, Same Tax Breaks ................................................ 486
Stashing Away as Much as You Can: Contribution Info .......................... 487
Trekking Through Your Investment Options ........................................... 488
Withdrawing Money: Watch Out for That Fee! ........................................ 489
Taking Your 403(b) on the Road ............................................................... 490
Understanding ERISA Versus Non-ERISA 403(b) Plans .......................... 490
Finding Out Rules for Church Plans .......................................................... 492
Chapter 2: Retiring Your Way: IRAs . . . . . . . . . . . . . . . . . . . . . . . . . . . .495
Why an IRA? ................................................................................................. 496
The ABCs of IRAs ......................................................................................... 497
Traditional IRAs ........................................................................................... 503
Roth IRAs: The New Kid in Town ............................................................... 505
Rolling Over Your IRA ................................................................................. 506
Making the Most of Your IRA ..................................................................... 506
Chapter 3: Paychecks from Your House: Reverse Mortgages . . . . . .509
Understanding Reverse Mortgages ........................................................... 509
Choosing a Loan Product ........................................................................... 514
Figuring Out the People in Your Mortgage ............................................... 515
Getting Paid .................................................................................................. 519
Chapter 4: Managing Money in Retirement. . . . . . . . . . . . . . . . . . . . . .523
Decisions, Decisions: What to Dowith Your 401(k) Money .................... 524
Paying Uncle Sam His Due: Required Withdrawals ................................. 527
Strategizing to Deal with the Tax Man ...................................................... 529
Managing Investments in Retirement ....................................................... 531
Managing Risk and Maximizing Return ..................................................... 533
Living within Your Means for Life ............................................................. 535
Generating Predictable Income ................................................................. 537
Chapter 5: Online Retirement Planning . . . . . . . . . . . . . . . . . . . . . . . . .541
Pop Quiz: How Ready Are You for Retirement? ....................................... 542
Developing a Retirement Plan .................................................................... 543
Using the Internet to Determine How Much You Need to Live On ....... 546
Saving for Retirement .................................................................................. 551
