3 Responses to “Don’t Die Broke: Taking Money Out of Your IRA, 401(k), or Other Savings Plan – and Creating Lasting Retirement Income Reviews”

1. Norman Posner says:

   June 19, 2012 at 10:45 am

   21 of 21 people found the following review helpful

   
   Excellent Treatise On A Very Complicated Topic, February 6, 2000

   By 

   Norman Posner (Chestnut Hill, Mass) –

   This review is from: Don’t Die Broke: How to Turn Your Retirement Savings into Lasting Income (Hardcover)

   Margaret Malaspina has done an incredible service to the taxpaying world in her book. As a Certified Public Accountant, I can attest to fact that dealing with the Internal Revenue Service Code is an extremely difficult process. She has consistently dealt with this complicated and very confusing subject and de-mystified it in a way that heretofore has never been done. As more and more assets of American citizens are finding their way into retirement accounts, the timing of this book is perfect. What might appear to be some type of simple election or investment decision can backfire in terms of significant additional taxes. She attempts and succeeds in identifying these problems and proposing appropriate solutions. I have read it thoroughly and have recommended it to my clients and friends.

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2. L. tilles "Lois" says:

   June 19, 2012 at 10:58 am

   23 of 24 people found the following review helpful

   
   This book is a lifeline…highly recommend it, February 7, 2000

   By 

   L. tilles “Lois” (San Francisco) –
   
     

   Amazon Verified Purchase(What’s this?)

   This review is from: Don’t Die Broke: How to Turn Your Retirement Savings into Lasting Income (Hardcover)

   Like so many of my friends, my husband’s and my focus has been all about reaching some magic number that would say, ok,now it’s safe to retire without going broke… We gave not a thought to how we’d manage the money afterwards. But then we began to hear rumors … you must do this, you can’t do that, and panic set in. Finally, after reading Ms. Malaspina’s book, we understand what’s really going on (better than we did after talking to our accountant!). I’ve given this book to friends and even a cousin who was 69-1/2 and didn’t have a clue about the need to start drawing on certain retirement savings. This book should be required reading for anyone over 50. Thanks, Bloomberg Press!

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3. Anonymous says:

   June 19, 2012 at 11:56 am

   16 of 16 people found the following review helpful

   
   Expectations not meet; sub-title is deceiving; disappointed, September 5, 1999

   By A Customer

   This review is from: Don’t Die Broke: How to Turn Your Retirement Savings into Lasting Income (Hardcover)

   I was expecting a much more complete discussion on how to manage retirement funds especially guidelines for taking distributions from various types of retirement instruments. Only one chapter of the whole book really treated this issue. The primary pracital advice I got out of it is “use taxable assets before deferred assets”.

   Most of the book (not devoted to filler pages) described the various kinds of retirement accounts. This was presented well and is informative. But given all the definitions and account alternatives, I did not get much in the way of useful advice on “How to turn your retirement savings into lasting income”.

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