Dozens of guides offer advice on how to save for retirement. However, little has been written on how to tap one's retirement savings-wisely, safely, and legally. A personal finance writer and financial planning expert, Malaspina guides today's retirees through each financial decision, explaining the pros and cons, and offering sound guidance customized to individual situations and retirement goals and lifestyles. But they spend no time thinking about what they can and should do with the money they've put away in their retirement savings plans. The issues are complicated.
Mistakes are costly.
And there's no dress rehearsal. Don't Die Broke can help you crack the code. There's not another book like it. Because retirement plans are governed by a patchwork of tax laws that have been modified many times over the past few decades, and pension regulations that have never been finalized, they don't always make sense. Rules that apply to one type of plan often do not apply to others.