The Retirement Plan Solution: The Reinvention Of Defined Contribution Hardcover

Don Ezra

An effective answer to today's retirement planning dilemma Since the 1980s, most employers have moved from defined benefit plans (DB) to defined contribution (DC) plans. The Retirement Plan Solution puts this inevitable transition into a global perspective and discusses what it means for those planning their retirement. This book provides a clear twofold solution to the problems that have popped up with the defined contribution plan. The first solution addresses the accumulation process in which the retiree is making and saving his or her money during the working years. The second solution addresses the decumulation process in which the retiree is spending his or her money during the retirement years. Don Ezra (New York, NY) is Global Director of Investment Strategy for Russell Investments. Bob Collie (Tacoma, WA) is Director of Investment Strategy for Russell Investments. Matthew X. Smith (Tacoma, WA) is Managing Director of Retirement Services for Russell Investments.

9780470398852

English

John Wiley & Sons

39993

256

Don Ezra is a widely published author. He has won a Graham and Dodd Award from the Financial Analysts Journal, the Roger Murray Prize from the Q Group in the United States, and the Lillywhite Award of the Employee Benefit Research Institute "for extraordinary life contributions to Americans' economic security." Bob Collie has been working with defined benefit and defined contribution plans in the United Kingdom and United States for more than twenty years, playing at different times the role of actuary, investment consultant, and strategist. Matthew X. Smith has been involved with the design, implemen-tation, administration, consultation to, and asset management of defined contribution plans for over twenty-five years. He has also written and spoken widely on defined contribution topics.

Bob Collie

Matthew X. Smith

...the book's positive and inspiring message is one the UK would do well to head.' (Pensions Age, September 2009).