RINKs Retired, Independent, No Kids

Since becoming a CERTIFIED FINANCIAL PLANNER™ practitioner in 1989 I have helped many individuals and couples make a financially successful transition into retirement.  Over the years, having created hundreds of retirement plans, I realized that a good portion of my clients, were like me, and don’t have any children.  Or, they can’t count on children to assist with financial or emotional help during their golden years.  Once retired, I respectfully refer to these clients as RINKs – Retired, Independent, No Kids.

            I also realized that on average the clients without children, (who were savers), tended to have accumulated more assets during their lifetime than those clients with children.  Their retirement, estate and health care planning needs are different, with our emphasis on ensuring independence and dignity in retirement. 

Most importantly, the need to preserve and manage investments properly is critical to allowing them to enjoy a long and financially independent retirement. For these reasons our firm created a unique retirement planning and investment management process we call the, RINKs Planning Strategy.

            As I searched for information to help my clients, I couldn’t find any books specifically devoted to retirement and investment planning for childless individuals, who had accumulated some wealth.  This gave me the motivation for writing RINKs.  In this book, I share my years of experience working with individual retirees, making retirement projections, and managing their investments in a risk controlled manner.  I describe the strategies and processes that we use with our clients, when implementing our unique, RINKs Planning Strategy.

            The book covers many different aspects of personal finance, including some of the emotional issues of transitioning into retirement, and building a support network of advisors and friends.  Of course no book can cover all aspects of personal wealth management.  My hope is that this book will provide you with some ideas that you can utilize in your own life, or while working with your financial advisor.

            Much of the information in the book will pertain to anyone whether they have children or not, but wherever possible I have explained why certain strategies are better for the childless.  My hope is this book will help you optimize your wealth and happiness in retirement.

To make the book easier to read, rather than saying he/she every time I mention a professional advisor, I just use the male gender. 

            If you want more current information and articles on retirement and investment management, or to better understand our unique RINKs Planning Strategy, you can visit the RINKs area on our website: www.raymignone.com