The Volatility Shield: How to Vanquish the 4% Rule & Maximize Your Retirement Income

ISBN: 1795140461

Author: McKnight, David

Condition: Used

Former NFL great Ted Hardy took an early retirement at age 50 after selling his sporting goods chain for a cool $3 million net after tax. At the time, Teds money manager made a simple promise: If you stick to your withdrawal plan and get reasonable average annual returns, youll never run out of money and youll die with millions. Eighteen years later, Teds stepson and financial power of attorney Jack Wheeler is called into town to sort out Teds finances after Ted suffers a major health crisis. Confident that Ted still has millions in his stock market portfolio, Jack makes plans to place him in the best long-term care facility in town. But after examining Teds investment statements, he makes a shocking discovery: Over $5 million is missing from Teds portfolio. As Jack investigates the disappearance of his stepfathers money, he learns financial truths that challenge conventional wisdom and reveal a gaping hole in his own retirement picture.