Winner of the prestigious EIFLE award for excellence in financial literacy education, Managing Retirement Wealth  will help you deal with the uncertainty investors face, especially when transitioning into retirement.  With a blend of optimism (everyone can do something to improve his or her situation) and a dose of healthy skepticism (don't invest unless you understand what can go wrong), seasoned personal portfolio manager Julie Jason will help you: Understand how to deal with the uncertainty of the markets so that you can anticipate , not react to market-moving events   - Graduate from random buying and selling to taking a big-picture portfolio approach to managing your assets - Construct a goal-directed  personal portfolio customized to  serve you and your family for a lifetime - Establish a workable oversight system to enable you to correct missteps so that you stay on course to meeting your goals - Develop a sense of healthy skepticism to help you evaluate investment opportunities and advice Whether you are a novice or an experienced investor, you'll find resources, insights, and strategies here to make effective decisions upon which a sound financial future can be based in good markets and bad. Managing Retirement Wealth was honored with three awards:    The 2012 EIFLE Award for Investing and Retirement Planning recognizing "excellence in financial literacy education."  - The 2012 Axiom Business Book Silver Award in Personal Finance/Retirement Planning/Investing honoring the year's "best business books."  - The 2012 International Book Award in Personal Finance "honoring knowledge, creativity, wisdom & global cooperation through the written word."    "I have found Julie Jason's Managing Retirement Wealth to be an excellent overview, a helpful and detailed guide in the investment process of my personal portfolio management." --Peter Hathaway, retired former portfolio manager in charge of over $10 billion in assets for GE Asset Management's US Equity Large Cap Value Strategy "Julie Jason's Managing Retirement Wealth is written with the reader in mind. The book provides clear explanations of complex financial market topics and guides the reader on how to design, manage, and evaluate a portfolio to meet retirement needs." -- Tom Robinson, PhD, CFA, CAIA, CFP; Managing Director, Education Division, CFA Institute "If you have not placed an emphasis on how you manage your portfolio, now is the time to do it. Julie will show you how." --Charles Rotblut, CFA, Vice President, American Association of Individual Investors, Author, Better Good than Lucky "A sturdy, basic, thoughtful, and extremely useful primer to get the investor off the starting line and well down the track to a successful financial future." --Ben Stein "Julie Jason gets it! Anyone who is interested in understanding personal portfolio management should read her book." --Richard Berkowitz, Esq., Berkowitz, Trager & Trager “In an age with so many economic uncertainties, Julie Jason's Managing Retirement Wealth is as good a place as any to bone up on the bewildering but rewarding task of putting our futures in order.” --Jonathan Dahl, Editor in Chief of SmartMoney , the personal finance magazine from The Wall Street Journal "Portfolio manager Jason....offers a well-written and well-organized program, complete with ample charts and graphics, for readers on the eve of retirement..... Readers wondering how to protect their income and investments in a time of economic uncertainty and market volatility will find plenty of excellent advice here."-- Publishers Weekly   “Julie Jason's Managing Retirement Wealth gets what most investment books miss-investing is a means to an end. If you achieve your goals and provide greater security and opportunity for your loved ones, that's what really matters. This fine text will prepare you to make smarter decisions about the choices that matter most, the ones that lead to your retirement success.” --Don Phillips, Managing Director, Morningstar I've seen casual stock picking work for 30 and 40 year-olds.  Retirees need to do more, especially if they depend on their investments for retirement income.  The process I set out helps people see retirement investing as a series of decisions focused on meeting personal objectives, a process I call "personal portfolio management."   Personal portfolio management involves measuring cash flow needs, taking into account inflation, taxes, and risk, and monitoring results.  There is a lot more to it than the type of investing most people are used to.   To help you understand the process, I provide illustrations that break down each of these elements -- but you'll have to put them back together again when you do your own plan.  That's why you don't want to skim this book.  You'll want to read it through from the beginning to see how one idea builds on another.  Stock researchers will want to read the in depth original study of the stocks that outperfo