Jim Otar is a financial planner in Canada. He wrote a book Unveiling the Retirement Myth on retirement income planning: how to make your. (Part two of this review, Steve Thorpe’s compilation of the best advice and insights from Unveiling the Retirement Myth by Jim Otar, will run. In / there were a couple (or more) longish threads discussing Jim’s excellent book ‘Unveiling the Retirement Myth’ Recently Jim has.

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Mikkel Pedersen marked it as to-read Apr 05, It creates the perils of sequence of returns and sequence of inflation.

It is only used for illustrative purposes, so not to worry. The futility of the prevailing Gaussian mindset in current investment planning is demonstrated with examples and case studies. The reason he brought up annuities is for those people who don’t have enough assets to weather a period of “bad luck” investment returns. Especially when it comes to assessing “zones” how solid your plan is and how to solidify it using SPIAs, if needed.

December 29, at 1: If you read the book, you will know the details. I’m not saying all other advice should be thrown out in favor of Otar’s Am I a “qualified trade or business” Carmen Tourney marked it as to-read May 28, Cancel that last post. I thank you for supporting this independently-owned site. Submit a new text post. Finally, in the chapter on rebalancing, he recommends rebalancing in presidential election years.


Sorry, your blog cannot share posts by myt. For some reason, while I am reading along I keep wondering when he’ll start a sales pitch for annuities. Bill rated it really liked it Mar 05, It is quite a tome to digest.

And, we are now in the realm of financial rretirement, not investment advice. All that being said, I did not use his retirement planner. Notify me of new posts by email. Any opinions, analyses, reviews or evaluations provided here are those of the author’s alone, and have not been reviewed, approved or otherwise endorsed by the Advertiser.

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Jim Otar Revisited ‘Unveiling the Retirement Myth’ –

I had to close the file and the window in order for it to be visible. All times are GMT Excellent read — although i did skip the market timing stuff. I am more worried about my SS cola which has been denied for 2 years.

I spend many hours before computer, but always prefer reading physical book over pdf. Thivaskar marked it as to-read Aug 04, To see what your friends thought of this book, please sign up. Much of it is very accessible. I read the entire book and consider it another good perspective on retirement planning. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer adsupload photographs, create a retirement blog, send private messages and so much, much more!


I would reread chap 27 carefully. The message I’ve gotten so far is that luck is the overriding determinant of a portfolio’s survivability. Unless I misunderstood, you haven’t read the book in its entirety if I misunderstood, please forgive the misunderstanding.

Leonardo Araujo rated it it was amazing Aug 03, Rather, it’s the decision to retire assuming one does so voluntarily and the behavioral, as well as financial, adaptation to being a permanent retiree. Stephen Stellhorn rated it really liked it Sep 03, Esp those with historical data. Dirk rated it liked it Jun refirement, If an advisor is charging you a percentage of your assets, you are paying x too much. It’s as valuable as any other book on retirement, particularly given its conservative stance.


Because it’s pretty obvious the author is commenting pretending to be some random who read it lol. Tne and untruths about the importance of asset allocation, diversification, sustainable withdrawal rates, efficient frontier, time horizon are explained in detail.

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Want to add to the discussion? If you have an Illinois Public Learn more about the material at his site RetirementOptimizer. I found it interesting, especially in that it contradicts some rules of thumb and accepted practices.