Engineering Your Retirement: Retirement Planning for Technology Professionals [Paperback]

Mike Golio (Author)

Book Description

ISBN-10: 0471776165 | ISBN-13: 978-0471776161 | Publication Date: December 1, 2006 | Edition: 1

A practical retirement planning resource for engineers, scientists, and mathematicians

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.

Written specifically for professionals in the engineering, science, and math fields, Engineering Your Retirement examines such important questions as:
* How much money will I need to retire?
* How long will it take for me to accumulate it?
* What types of post-retirement activities are available to technical professionals?


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:
* Effectively budgeting for investments
* Planning for health insurance
* Choosing a retirement community
* Building up a cash/bond ladder
* Considering inflation
* Portfolio requirements
* Investment allocations
* Paying off a mortgage
* And much more!

Editorial Reviews

Review

"This book should be of interest to anyone looking forward to retiring comfortably on one's own schedule." (Microwave Journal, October 2007)

"Whether a novice or a seasoned veteran…definitely consider adding it to your library." (IEEE Microwave Magazine, June 2007)

"…a worthwhile addition to your early retirement library. It's highly recommended." (The Retire Early Online Magazine, January/February 2007)

“…Nelson’s compendium has proved to be an essential resource for so many people interested in fishes, for so long…” (Reviews in Fish Biology and Fisheries, 2006)

From the Back Cover

A practical retirement planning resource for engineers, scientists, and mathematicians

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.

Written specifically for professionals in the engineering, science, and math fields, Engineering Your Retirement examines such important questions as:

• How much money will I need to retire?
• How long will it take for me to accumulate it?
• What types of post-retirement activities are available to technical professionals?

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:

• Effectively budgeting for investments
• Planning for health insurance
• Choosing a retirement community
• Building up a cash/bond ladder
• Considering inflation
• Portfolio requirements
• Investment allocations
• Paying off a mortgage
• And much more!

See all Editorial Reviews

Product Details

• Paperback: 224 pages
• Publisher: Wiley-IEEE Press; 1 edition (December 1, 2006)
• Language: English
• ISBN-10: 0471776165
• ISBN-13: 978-0471776161
• Product Dimensions: 6.3 x 0.6 x 9.3 inches
• Shipping Weight: 13.6 ounces (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #1,445,046 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

5.0 out of 5 stars How much is enough?, February 4, 2007

By 

R. J. Dattner (Ashburn, VA United States) - See all my reviews
(REAL NAME)   

This review is from: Engineering Your Retirement: Retirement Planning for Technology Professionals (Paperback)

Finally, a book that answers the retirement question, "How much is enough?"

After years of reading books on investing, and saving the way I was supposed too, I needed to know when to stop. I thought I knew -- and now I have the equations, statistics and rules of thumb to test my assumptions. This is a book that Engineers and MBAs who have done a good job on savings will love. It even gives you the secret of life! (sort of, see page 90)

Finally, a book that does its homework. Well done!

Thank you, Mike.

2 of 2 people found the following review helpful:

5.0 out of 5 stars Very Good..., April 14, 2007

By 

Donald L. Anderson (Oak Park, IL) - See all my reviews
(REAL NAME)   

This review is from: Engineering Your Retirement: Retirement Planning for Technology Professionals (Paperback)

I am a technical professional. I thought this book was excellent. It spoke to me in a way I could understand.

This book is a great resource for people with no knowledge of investing, to a mildly experienced investor.

5.0 out of 5 stars Valuable and understandable, August 14, 2011

By 

DavidKienholz - See all my reviews

Amazon Verified Purchase

This review is from: Engineering Your Retirement: Retirement Planning for Technology Professionals (Paperback)

This book proved invaluable to me in planning retirement. It provided a lot of quantitative information that, while quite basic (what percent of your nest egg can you spend per year) was new to me. It's advertised as being directed at technical professionals but that just means it contains more graphs, charts, and quantitative information than you would get from a typical financial planner. It does not require any particular mathematical skill to understand. I particularly liked the straight talk under the heading of "investment advisors are not your friends". I have recommended the book to a number of friends and relatives nearing retirement.