Worried about your Nest Egg? BEWARE — you may be sabotaging your and your family's future!   "Baby Boomers Alert!  What Your Financial Planner Doesn't Know, Or Won't Tell You, Certainly CAN Hurt You... Big-time." For example, did you know that: Fees and commissions can EAT AWAY 50 per cent or more of your retirement nest egg? And it won't take all that long! The Primary Goal of a Retirement Portfolio is very simple; avoid large losses. Craig L. Israelsen, Ph.D. is an associate professor at Brigham Young University No?  Well, that's not the half of it!  So please read on. (The fortune you save will almost certainly be your own.) How it Works... Dear Baby Boomer: You are probably reading this because, as one of the 77 million people born from 1946 to 1964 in the USA, you are planning to retire in the next few years. You may even be an "honorary baby boomer," born in the earlier 1940s. Either way, the big question is... Will YOUR retirement be the best time of your life? It CAN be — but only if you've got enough money to enjoy it! Allow me to introduce myself.  I'm David Bates, one of the baby boom generation — as you most probably are too.  I'll be turning 60 in 2008.  As I'm already in semi-retirement, I have been able to access my retirement account. By consistently saving and investing prudently over a period of years, I've been fortunate enough to have built up a reasonable nest egg, which I figured should last me 25 to 30 years at my current living standard. It's the largest amount of money I have ever had to manage, and a little over a year ago I decided I'd better get some professional help managing it. My new investment adviser recommended putting the lot into a WRAP account comprising some mutual funds. I'll tell you how that turned out in a minute. You too will most likely have saved a fair-sized nest egg by the time you retire. If you are like me, you may never have had this much money to manage before either. As a busy professional or business person, it's only natural that you'll at some point do what I did. You'll dabble in investing your own nest egg, but eventually decide to leave the investing to the pros, and limit your research to finding a reputable, successful company to manage your money. Now I don't know how it worked out — or will work out — for you; but here's what happened to me:  placing my funds with an investment adviser was the worst financial decision I ever made. In just the first 12 months, with commissions, fees and charges more than offsetting earnings, my hard-earned nest egg shrank! At this rate, I could see my 25 to 30 years fund lasting as little as 12 to 15 years. When I told them I needed to draw a small amount to supplement my other income (I'm still working part-time in my own company), my investment advisers told me not to worry and to take whatever I needed. When I pointed out the poor returns they said I needed to wait five to seven years for returns to show up but not to worry! The long term returns are 8-10% so it will all come right in the end. I knew right away, I was going to have to manage my Nest Egg myself again. Otherwise, I was unlikely to protect my capital so it could generate the income I needed. It was up to me to learn how to protect myself against large losses - the biggest Nest Egg "eater". Please Note: I'm not an investment specialist or a chartered financial planner. I have done my own stock market investing for 10 years though and understand the rules. I especially understand the money management rules. My field is information technology and computer systems: but I am a natural researcher and analyst. It's how I've earned a very good living, and I'm pretty damn good at it, if I do say so myself. My biggest fear was losing my Nest Egg and so I did extensive research to learn what can "eat" my Nest Egg in Retirement and over time. I was more concerned with protecting the capital. Once I knew how to do this I would look at investing a percentage of it to get better returns. Because I'm my own boss, and I'm in winding down mode, I've been able to devote a great deal of time to this exercise over the last few months. I'm totally amazed and excited by how much helpful information there is out there — IF you just have the time to access and absorb it all! For my own benefit, and because I was sure it would also be extremely useful for others, I kept a record of everything of value that I learned. This includes links to other hot websites that bring you the latest information you need to keep up-to-the-minute on the things that matter the most. Finally, I sat down with my mass of notes, graphs and other material, and assembled it into a book form. Then I worked on cleaning up the book and making it easy to read and digest. I didn't want to create a book on how to invest. If you are looking for investment advise this book is not for you. I wanted the book to help people learn how to protect their nest egg in retirement. It had to be a book they could confidently use with their financial planner, to take back control of their money.  I'll be frank I think the book could be better presented, but I need to get the information out there fast. I believe  the information in it is priceless. It it helps just one person protect their Nest Egg then the time and effort I have put in is worth it to me because I believe this is the single biggest danger to Baby Boomers right now. Did I achieve our objectives?  How about if I let a couple of recognised experts tell you themselves. They reviewed my book before I released it. "David Bates provides an excellent overview of what you need to consider in managing your investments during retirement, from minimizing what your advisor takes in fees to making sure your portfolio survives and provides enough income during your lifetime." John Greaney www.RetireEarlyHomePage.com David-- Excellent work! I really liked the finished product. You have delivered a complete and comprehensive message. Greg Heiple Investment Behavior Coach http://www.teetertotterprinciple.com Well, here's the finished product they were referring to, my just-completed e-book on protecting  your retirement nest egg: Get Your Copy Now For Only $19.97 Secure Payments Made Through PayPal (credit cards also accepted) This book is designed to forewarn you of the many ways that your Nest Egg can disappear well before the end of your life if you do not actively manage it!  Do you know that: Much of your Nest Egg will end up in your Financial Planner's pocket in fees and charges, if you don't watch out. Most Financial Planners only have experience at helping baby boomers accumulate their Nest Egg — they have no experience helping you to distribute your Nest Egg. Many Financial Planners plan your Retirement using seriously flawed Retirement Calculators, which are often far too optimistic and could send you broke. The Wealth Management Industry are likely to use the same Investment Model whether you are Accumulating or Distributing your Retirement Nest Egg. Most Financial Planners do not know the mathematics of safe Drawdown rates from your Nest Egg to make it last for the long term.   Are you in the same or similar situation? Are you worried or concerned in any way about the long term survival of your Nest Egg? Do you know how much your Fees are each year, and their mathematical impact on your Nest Egg? Do you understand how Percentage-based Fees can compound year after year and can eventually take the lion's share of your Nest Egg? Do you know that using "Average Returns" can seriously affect the likelihood that your money will outlast you? Do you know what Monte Carlo Simulations are, and why Financial Planners like them even though they can give you an overly optimistic result?   How can my book help you protect your Nest Egg? 1.  You will learn the important facts about "Averages" and "Monte Carlo Simulations" so you will understand what your Financial Planner is telling you, and will be able to make a proper evaluation of what they say. 2.  You will learn about how the amount you take from your Nest Egg as a pension each year can determine if it will outlast you or not. What's more, you will be able to tell this to your Financial Planner and back up your statements with facts. 3.  And much more! Here’s An Example of What Can Happen Here's how you can go from retirement millionaire to eventual retirement bankrupt, while your financial planner gets rich. ·         Let’s start with a retirement nest egg of $1million that you worked extremely hard to create. At your financial planner's behest, you place this amount in a WRAP Account. ·         The contribution fee is typically 1% of the total amount — i.e. $10,000. Much of this will go in commission to the financial planner. ·         Ongoing fees are usually from 1 to 3%. Let’s assume 2%, i.e. $20,000 this year. ·         Suppose you decide withdraw a pension of 4% — $40,000 this year, to top up your other income sources. So if we just look at the ongoing fees vs. the pension amount you are paying yourself, you can see you are paying $20,000 this year to your Wealth Management Team just to pay yourself $40,000. Does this seem right to you? (Or did the lunatics take over the asylum while our backs were turned?) In my book I show you how the payments to your Wealth Management Team actually increase over time to the point where they will eventually draw more money from your Retirement Fund than you will. Does this seem right to you? Does it even seem possible? (Believe me, it is.) The Benefits You will get from Reading this Book Excuse me for being a little bit blunt here, and using big print, but this is one of those situations that if you're affected by it, the advice I have for you in this e-book is literally priceless. You could pay me thousands for this information as a consultant, and not feel in the least overcharged. That's the simple truth. At the same time, if you're not in the market for unique advice and insights into the wonderful world of Protecting Your Nest Egg in Retirement, please — don't buy this book. Instead, have a nice pasta and vino with your spouse or a special friend. Buy a posy of flowers for your loved one. Send a check to the animal shelter. For those who ARE affected by Retirement Planning, here's what you'll gain from this book: For less than twenty bucks, you can learn how to protect your Nest Egg. No ifs, buts or maybes. Tens of thousands, if not hundreds of thousands of dollars, pounds, yen or whatever will be yours to keep. Look, it's your money and it's your family.  I only know I was outraged when I discovered some of the ways my Nest Egg can disappear before my eyes. If you just want to be stoic and philosophical and believe all the financial planning hype and leave it all in the hands of your financial advisers, that's your affair. You will be able to take this book along to your next meeting with your financial adviser and ask them serious questions about how they are protecting your Nest Egg for you. You will be in control of the meeting. You don't need to be an expert. I already took care of that for you, and made the book easy to read — I took out all the high level financial jargon because I don't understand it either. I've packed a truly amazing amount of vital information into just 50-odd pages. How? By including what's most relevant, and leaving out what isn't. So you can read it, and read it again whenever you forget something, and it won't take you long. You won't need to start at zero, and research every point. Because I've already done that, and brought together everything you need to become better-educated on Protecting Your Nest Egg in Retirement than most Financial Advisers. (And research and analysis are a couple of my strengths, remember?) The book contains some uniquely valuable websites you can log right onto, which you may not find doing a quick or casual search on Google or Yahoo! And of course, much, much more! Here's What Others Say... A Professional Adviser... David, You’ve brilliantly bridged the gap between technicians like me, and John and Jane Q Public. Every client coming in for retirement planning advice will get a free copy of your book, on me. The book is chock-full of simple, understandable information on how to manage your retirement Nest Egg while minimizing fees and charges. It will save hours of laborious explanations. Richard Baker Attorney-at-Law, CPA A Retirement Consultant... David Bates has stepped up to tell Baby Boomers what their financial advisor refuses to tell them: Their retirement is in jeopardy because of high fees and market fluctuations. It's typical for clients to pay 2% - 3% of their investments in wrap, commission and fund fees. What does that leave the retiree as a safe withdrawal amount? Not much. The first step to saving your nest egg starts here. Judy Kennedy www.saveyournestegg.com   Now It's Time for a Simple Choice Will your retirement be the best time of your life? Or will you be plagued with worry about how much you can take from your Nest Egg this year with the market being down? And what about if it is down next year too? These were my concerns so I'm sure many of you have the same concerns. It really depends on what you want to do about it. If you have a Nest Egg, even a modest one, then protecting it is crucial. You could, of course, do nothing. Or worse — fail to make a decision one way or the other. They say procrastination is the thief of time — and a lot else besides. There IS only one right decision if you have a Nest Egg. It involves knowing what's in my book, and putting that knowledge to good use. It'll take about an hour of your time to read it. But the realisation of what can happen will last you for ever. When a small outlay can make a tremendous positive difference and help you put your mind at rest, that's not a hard decision! However, I want to make it even easier for you. I told you earlier you can get my book for less than twenty dollars. I believe once people read the book they will easily agree it is worth far more than twenty dollars. So click on the PayPal button now, and grab it. You can be reading this superb e-book in minutes. (We take credit cards too)   Get Your Copy Now For Only $19.97 Secure Payments Made Through PayPal (credit cards also accepted) What's that you say? You want even more? My word, you drive a hard bargain! But that's okay, because it was always my intention to give you an unconditional, no questions asked 100% money-back guarantee! That's right, if at any time within 60 days of purchase, you can look me in the eye and say you want a refund, then you're very welcome to it. I'd rather you went on your way with a good taste in your mouth, than felt unhappy about your purchase for any reason. Now while there's no obligation to give us a reason, we may enquire for our own quality control purposes as to whether you'd care to make a comment. If there's anything we can do to improve our product or our service, we would surely like to know about it so we can make those changes if at all possible. Go ahead and order right now.  I know you'll be happy you did. Sincerely, David Bates  David J. Bates Blog: Protect Your Nest in Retirement   Get Your Copy Now For Only $19.97 Secure Payments Made Through PayPal (credit cards also accepted) P.S.  Remember, every day you DON'T have this book is another day your Nest Egg is needlessly at risk of serious loss! P.P.S. I am not a financial adviser and this book does not offer any financial advice. It provides you with ways to protect your Nest Egg in Retirement again losses from things other than the stock market, inflation and taxes. Please consult your trusted financial advisers on all matters related to investing your Nest Egg. P.P.P.S If you are still not sure whether this eBook will be of help to you in taking control of your Nest Egg please download the first 13 pages for FREE here. 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