Managing Retirement Wealth: An Expert Guide to Personal Portfolio Management in Good Times and Bad [Paperback]

Julie Jason (Author)

Book Description

Publication Date: November 1, 2011

Winner of the prestigious EIFLE award for excellence in financial literacy education, Managing Retirement Wealth will help you deal with the uncertainty investors face, especially when transitioning into retirement.  

With a blend of optimism (everyone can do something to improve his or her situation) and a dose of healthy skepticism (don't invest unless you understand what can go wrong), seasoned personal portfolio manager Julie Jason will help you:

• Understand how to deal with the uncertainty of the markets so that you can anticipate, not react to market-moving events  
• Graduate from random buying and selling to taking a big-picture portfolio approach to managing your assets
• Construct a goal-directed  personal portfolio customized to  serve you and your family for a lifetime
• Establish a workable oversight system to enable you to correct missteps so that you stay on course to meeting your goals
• Develop a sense of healthy skepticism to help you evaluate investment opportunities and advice

Whether you are a novice or an experienced investor, you'll find resources, insights, and strategies here to make effective decisions upon which a sound financial future can be based in good markets and bad.

Managing Retirement Wealth was honored with three awards:   

• The 2012 EIFLE Award for Investing and Retirement Planning recognizing "excellence in financial literacy education." 
• The 2012 Axiom Business Book Silver Award in Personal Finance/Retirement Planning/Investing honoring the year's "best business books." 
• The 2012 International Book Award in Personal Finance "honoring knowledge, creativity, wisdom & global cooperation through the written word."   

Editorial Reviews

Review

"I have found Julie Jason's Managing Retirement Wealth to be an excellent overview, a helpful and detailed guide in the investment process of my personal portfolio management." --Peter Hathaway, retired former portfolio manager in charge of over $10 billion in assets for GE Asset Management's US Equity Large Cap Value Strategy

"Julie Jason's Managing Retirement Wealth is written with the reader in mind. The book provides clear explanations of complex financial market topics and guides the reader on how to design, manage, and evaluate a portfolio to meet retirement needs." --Tom Robinson, PhD, CFA, CAIA, CFP; Managing Director, Education Division, CFA Institute

"If you have not placed an emphasis on how you manage your portfolio, now is the time to do it. Julie will show you how." --Charles Rotblut, CFA, Vice President, American Association of Individual Investors, Author, Better Good than Lucky

"A sturdy, basic, thoughtful, and extremely useful primer to get the investor off the starting line and well down the track to a successful financial future."  --Ben Stein

"Julie Jason gets it!  Anyone who is interested in understanding personal portfolio management should read her book."  --Richard Berkowitz, Esq., Berkowitz, Trager & Trager

“In an age with so many economic uncertainties, Julie Jason's Managing Retirement Wealth is as good a place as any to bone up on the bewildering but rewarding task of putting our futures in order.” --Jonathan Dahl, Editor in Chief of SmartMoney, the personal finance magazine from The Wall Street Journal

"Portfolio manager Jason....offers a well-written and well-organized program, complete with ample charts and graphics, for readers on the eve of retirement..... Readers wondering how to protect their income and investments in a time of economic uncertainty and market volatility will find plenty of excellent advice here."--Publishers Weekly 

 “Julie Jason's Managing Retirement Wealth gets what most investment books miss-investing is a means to an end. If you achieve your goals and provide greater security and opportunity for your loved ones, that's what really matters. This fine text will prepare you to make smarter decisions about the choices that matter most, the ones that lead to your retirement success.” --Don Phillips, Managing Director, Morningstar

From the Author

I've seen casual stock picking work for 30 and 40 year-olds.  Retirees need to do more, especially if they depend on their investments for retirement income.  The process I set out helps people see retirement investing as a series of decisions focused on meeting personal objectives, a process I call "personal portfolio management."  

Personal portfolio management involves measuring cash flow needs, taking into account inflation, taxes, and risk, and monitoring results.  There is a lot more to it than the type of investing most people are used to.  

To help you understand the process, I provide illustrations that break down each of these elements -- but you'll have to put them back together again when you do your own plan. 

That's why you don't want to skim this book.  You'll want to read it through from the beginning to see how one idea builds on another. 

Stock researchers will want to read the in depth original study of the stocks that outperformed and underperformed the market during the "lost decade."  

When you buy Managing Retirement Wealth, you'll be eligible for some complimentary offers from independent resources that I thought you might like to try out to help you with your research.  They more than pay for the cost of the book.  Do take advantage of them:    

• The American Association of Individual Investors
• Morningstar
• Value Line
• Investor's Business Daily
• Worden Brothers 
  
  Please visit managingretirementwealth.com for details.  Email me with comments or questions ([e-mail]).  

See all Editorial Reviews

Product Details

• Paperback: 320 pages
• Publisher: Sterling (November 1, 2011)
• Language: English
• ISBN-10: 1402782721
• ISBN-13: 978-1402782725
• Product Dimensions: 9 x 7.2 x 0.7 inches
• Shipping Weight: 1.2 pounds (View shipping rates and policies)
• Average Customer Review: 4.3 out of 5 stars  See all reviews (22 customer reviews)
• Amazon Best Sellers Rank: #32,925 in Books (See Top 100 in Books)
  • #33 in Books > Business & Investing > Personal Finance > Retirement Planning
  • #66 in Books > Business & Investing > Personal Finance > Budgeting & Money Management

More About the Author

Julie Jason works with families who want her to manage their retirement portfolios. Having gotten her start on Wall Street as a lawyer thirty years ago, she approaches investing with a blend of optimism (everyone can do something to improve their financial situations) and a dose of healthy skepticism (don't invest unless you understand what can go wrong), which is reflected in her books, articles and column.

She takes every opportunity to write, teach, and coach people who want to expand their knowledge and enhance their financial decision-making ability.

Julie's fifth book, The AARP Retirement Survival Guide, was named a TOP TEN BUSINESS BOOK for 2010 by BOOKLIST (American Library Association) and received the following honors:

1) The 2010 International Book Award for Personal Finance
2) The 2010 EIFLE Award (Excellence in Financial Literacy Education)
3) The 2010 Best Books Award for Personal Finance
4) Axiom Best Books Gold Medal for Retirement Planning for 2011
5) The 2010 New York State Society of CPA's Award for Excellence in Financial Journalism (for an AAII article based on two chapters of the book).

Julie's sixth book, Managing Retirement Wealth, received the prestigious EIFLE Award for 2012, along with the 2012 International Book Award and the 2012 Axiom Best Books Silver Medal.

If you want to ask Julie a question she can answer in her award-winning column (www.greenwichtime.com), email her at [e-mail]. Visit Julie at www.juliejason.com. Visit Julie's firm, Jackson, Grant Investment Advisers, Inc. at www.jacksongrant.us.

Most Helpful Customer Reviews

16 of 16 people found the following review helpful

5.0 out of 5 stars A Crucial Guide for Professionals of All Ages and Fields December 18, 2011

By Paul C.

Format:Paperback

Julie Jason is a rare, talented author who can expressly articulate complex information and techniques, without sacrificing the quality of learning. As a graduate student and young professional, the value and the quality of the information I learned in this book far exceeds that of the price, and is on par with top level education. In the interest of nurturing and protecting you and your family's financial wellbeing, this book will show you how to: invest to achieve your goals, be prepared for your retirement and how to best manage your portfolio, as explained by an experienced professional. Julie has created a very well organized and easy-to-understand guide, segmented into eight parts that are filled with simple charts, graphs, and summaries that drive home critical points. You will learn many things from reading this book, and will undoubtedly want to share it with loved ones due to the essential and extremely relevant nature of the content matter contained therein. This book is also a great source of information to better your understanding of the market as a whole and a prudent exposé for assessing and managing risk and uncertainty in down markets and periods of negative or slow economic growth.

***Also, not mentioned in the description, included is a complimentary one-year membership to the American Association of Individual Investors, who provides some great learning material which I found to be incredibly useful.***

12 of 13 people found the following review helpful

5.0 out of 5 stars A good book for the Main Street reader October 31, 2011

By Vytas Kisielius

Format:Paperback

Don't be put off by the title. This new book by Julie Jason is written to help those of us who didn't make a career on Wall Street. By providing a guide that helped me understand how to approach the decisions I need to make to manage my money (versus books that tell me how I ought to manage a portfolio, or that tell me what the author recommends I do with my money), this book has helped me to take control of MY retirement strategy and to feel confident that what I'm doing is the right fit with my personal goals. Well worth the time, the book is clearly written and appropriately paced for a "Main Streeter" like me...

4 of 4 people found the following review helpful

5.0 out of 5 stars A great read for the novice or experienced investor March 2, 2012

By Linda M

Format:Paperback

I read this book on vacation and loved it. The permeating theme of portfolio management (rather than managing a collection of investments) as a means of achieving one's goals, really hit home for me. Julie's message is delivered in a logical, organized and understandable manner. It is a worthwhile read for investors at any experience level. I highly recommend it.