Bogleheads' Guide to Retirement Planning

=Description= Filled with valuable advice on a wide range of retirement planning issues-including some pearls of wisdom from John Bogle himself-The Bogleheads' Guide to Retirement Planning:
 * Explains the different types of savings accounts and retirement plans
 * Offers insights on managing and funding your retirement accounts
 * Details efficient withdrawal strategies that could help you maintain a comfortable retirement lifestyle
 * Addresses essential estate planning and gifting issues

=Authors= The Boglehead's Guide to Retirement Planning was written by members of the Bogleheads community (see individual chapter headings) and edited by Taylor Larimore, Mel Lindauer, Rick Ferri and Laura Dogu.

=Corrections to the Printed Edition= Below are corrections to the printed edition as suggested in this thread: Guide to Retirement Planning - Post Feedback Here

Chapter 2: Understanding Taxes (Norman S. Janoff)
(pending author concurrence) tomd37: State sales taxes do exceed 6.25 percent. Here in Tennessee the state sales tax is 7.00 percent, to which the local sales tax is added. We pay a total of 9.25% in my locality. As mentioned in the book, we do not have an income tax, but rather a tax on certain interest and dividend income.

(pending author concurrence) From David Grabiner: p. 24, Interest Income: Private purpose municipal bonds are still tax-exempt; they are subject to the AMT, and your mutual fund will notify you if it holds such bonds. (This is correct on p. 28.)

(pending author concurrence) From David Grabiner: p. 25: If you have a stock mutual fund which pays dividends, both you and the fund must satisfy the 61-day rule for the dividend to be qualified. (This is correct on p. 39 in Chapter 3.)

Chapter 4: Individual Retirement Arrangements (Jim Dahle)
(pending author concurrence) From Barry Barnitz: Page 52, the lead-in paragraph for the section on Self-Employed IRAs. The solo 401-k and designated solo Roth 401-k account are 401(k)s and not IRAs. Change the word IRAs to accounts or plans.
 * There are four types of accounts/plans that a self-employed investor might consider: a solo 401(k), a Roth solo 401(k), a SEP-IRA, and a SIMPLE IRA.

Chapter 6: Defined Contribution Plans (Dan Kohn)
(pending author concurrence) From Peter Foley, page 83, 457 Plan Issues. The second to last sentence of the first paragraph begins: "Many 401(k) plans offer no index funds..." Suggest a change to:
 * Many 457 plans offer no index funds...

The topic is 457 plans, suggest that the author intended 457 plans instead of 401(k) plans.

Chapter 7: Single-Premium Immediate Annuities (Dan Smith)
(pending author concurrence) From Barry Barnitz, on Chapter 7 :
 * The chapter never considers a Variable SPIA, and furthermore continually misappropriates the term SPIA to mean a Fixed SPIA. Suggest substituting "Fixed SPIA" for all mislabeled "SPIA" attributions.

Chapter 8: Basic Investing Principles (Bob Davis)
(pending author concurrence) From David Grabiner: p. 128: The spread on an ETF does not represent the spreads of securities in the fund; it represents the liquidity of the ETF itself.

Chapter 9: Investing for Retirement (David Grabiner and Alex Frakt)
From David Grabiner: Table 9.1, worst 5 years for stock real returns should be 1916-1920, not 1916-1928.

Chapter 10: Funding Your Retirement Accounts (David Grabiner and Ian Forsythe)
From David Grabiner: From petrico (concurred by David Grabiner): From obliviousinvestor (concurred by  David Grabiner):
 * Table 10.1 on p. 153: Withdrawals from a non-qualified annuity are partly tax-free; only the gains are taxed.
 * Table 10.2 on p. 161: Last column in third row of data should be $1,000 instead of $1,333.
 * Last line on page 155 should state that Social Security and Medicare taxes total 7.65% rather than 7.85%.

Chapter 11: Understanding Social Security (Dick Schreitmueller)
From petrico (concurred by the chapter author, rschreit):
 * Table 11.3 on p. 175: Middle column in last two rows, higher base amount should be $44,000 instead of $34,000 to match the text on p. 176 and Table 11.4 on p. 177.

Supplemental information is available on the discussion page (tab at top).

Chapter 14: Income Replacement (Lee E. Marshall)
Supplemental information is available on the discussion page (tab at top).

Chapter 15: Health Insurance (Lee E. Marshall)
Further discussion, as well as supplemental information, is available on the discussion page (tab at top).

Chapter 18: Seeking Help from Professionals (Dale C. Maley and Lauren Vignec)
EQUITY INDEXED ANNUITIES from Lee Marshall, page 291

The text states: "Equity-indexed annuities are another onerous form of variable annuities."

Actually they are a form of fixed annuity, not variable annuity. They can be sold by agents who are not securities licensed. This is what makes them particularly misleading.