James Lange - AARP Retire Secure!. Pay Taxes Later—The Key to Making Your Money Last

Maybe youre thinking its time to review your investment strategy and make the most of the money you have today. Maybe youve already built a financially successful retirement egg and want to protect what youve built. Or maybe you need to bulk up your earnings to ensure your familys future.

Dedicated to helping you protect your assets, stretch your dollars, and bolster your longterm security, AARP can offer you powerful solutions. Whatever your strategy for managing money, weve got suggestions that will help from saving money on that next big purchase to planning your charitable giving. If youre taking your job to the next level or building up a second career, weve got strategies that will help you make your mark.

You may think your money or your financial advisor should be working harder for you. You may be watching market trends and seeing new opportunities. And, of course, you want to protect yourself and your loved ones from scams and data breaches. We can give you the support you need.

And turn to us for fun, too. (Is it time for that car, that trip, that weekend home youve always wanted?) Because that, too, is what this time of your life is about.

AARP is a nonprofit, nonpartisan membership organization that helps people
50 and older improve their lives. For more than 50 years, AARP has been serving
our members and society by creating positive social change. AARPs mission
is to enhance the quality of life for all as we age; lead positive social change;
and deliver value to members through information, service and advocacy. This
information in this book is for educational purposes and does not constitute
financial advice.

Table of Contents

Additional Praise forRetire Secure!

Retire Secure! is a very practical investment guide on how to defer taxes and efficiently plan for retirement and your estate.

Roger G. Ibbotson
Professor, Yale School of Management
Chairman, Ibbotson Associates

Keeping your investment expenses low and following Jim Langes tax savings strategies are the surest routes to a comfortable retirement.

Burton G. Malkiel
Professor of Economics, Princeton University
Author, A Random Walk Down Wall Street

Jim Langes book is a must in the retirement library of anyone with a large IRA. Not only does it provide thorough coverage of a difficult topic, but it does so with crisp writing, surrounded with charts and tables to help you understand your options. I wholeheartedly recommend Retire Secure!

Robert S. Keebler, CPA
Author, Educator

Everyone planning for retirement should read this book.

Dr. Allan Meltzer
Political Economy Professor, Carnegie Mellon University

Written for the sophisticated and successful layperson (and a great guide for professionals working in this field), Retire Secure! is like a master class in the subject with the instructor taking the student by the hand through each step of the process. Jim Lange, a practicing CPA and attorney, provides key real-world questions and answersas well as numerous examples, illustrations, and practical sidebar comments.

Stephan R. Leimberg
CEO, Leimberg Information Services, Inc. (LISI)

Retire Secure! shows how to maximize retirement income while explaining IRA and retirement plan rules in language you can understand (and that is no easy task). Every retiree should read James Langes chapter on optimal spending strategies for retirees.

Gregory Kolojeski
President, Brentmark Software
Editor, www.rothira.com

There are few areas of financial planning more complex than making decisions about retirement plans. Retire Secure! not only explains many of these issues in plain English, but provides the reader with common sense guidance in making choices. As advocates of the important role that philanthropy plays in raising financially responsible children, we especially appreciate the inclusion of a chapter on charitable estate planning with IRA and retirement assets.

Eileen Gallo, PhD and Jon Gallo, JD
Authors, Silver Spoon Kids and The Financially
Intelligent Parent

Jim Lange has updated and improved his material in the second edition of this fine book. I have always said that the planning comes before the doing. He tells you how to plan your retirement, maximize your wealth, and minimize your taxes.

Garry D. Kinder, CLU, RFC
Author, Lecturer, and Financial Industry Consultant
The KBI Group

IRA and other retirement plan assets comprise a huge and growing component of so many peoples wealth, yet the growth of these important assets requires sound, practical, and, most important, understandable advice. All had been lacking until the publication of this excellent book, Retire Secure!, by James Lange. James brings to the fore practical information usable by both attorney and accountant on how to deal with these critical assets. Topics that he delves into, including using trusts to protect beneficiaries are topics that few lay people are aware of and most professionals dont address. Protect yourself and your family with the insightful comments of Retire Secure!

Martin M. Shenkman, Attorney
Author, Inherit More

This new version of Retire Secure! is even better than the first. It shows you more great ideas to help you achieve the most important financial goal of your life. Make your money last and go further than you ever thought possible.

Brian Tracy, Speaker, Sales Trainer
Author, Getting Rich Your Own Way

Retire Secure! is highly recommended reading for all practitioners in the estate and retirement planning field, as well as for those brave souls who take this task on as a do-it-yourself project.

Jack Gargan, Founder
International Association of Registered Financial Consultants
Author, The Complete Estate Planning Guide

The flexible Langes Cascading Beneficiary Plan offers a practical solution to the bewildering array of qualified retirement options, many of which are improperly used. Jims book makes a valuable contribution to the field of personal financefor both the consumers and the professional advisors who serve them!

Edwin P. Morrow, CLU, ChFC, CFP, CEP, RFC
Chairman and CEO International Association of Registered
Financial Consultants (IARFC)

Jim created the most flexible and effective estate guide for IRA and retirement plan owners.

Charles Tremendous Jones, RFC
Author, Life Is Tremendous

Retire Secure! should be in everyones home who has money to invest. It is well written in language that anyone can understand. I plan to make this book available to my children and grandchildren to read.

Frank Thomas
Former Pittsburgh Pirate (286 home runs)

If taxes were the only consideration in financial planning, Id give James Lange, JD, CPA, a 100 percent grade! Every financial advisor ought to have a copy of