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The Bogleheads' Guide to Retirement Planning

4.5 out of 5 stars (494)

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The Bogleheads are back-with retirement planning advice for those who need it!

Whatever your current financial situation, you must continue to strive for a viable retirement plan by finding the most effective ways to save, the best accounts to save in, and the right amount to save, as well as understanding how to insure against setbacks and handle the uncertainties of a shaky economy.

Fortunately, the Bogleheads, a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, are here to help. Filled with valuable advice on a wide range of retirement planning issues, including some pearls of wisdom from Bogle himself, The Bogleheads' Guide to Retirement Planning has everything you need to succeed at this endeavor.

  • 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

With The Bogleheads' Guide to Retirement Planning, you'll discover exactly what it takes to secure your financial future, today.

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Editorial Reviews

From the Inside Flap

Praise for
The Bogleheads' Guide to Retirement Planning

"Meet the wisest and most generous crowd on Wall Street: the Bogleheads. The Internet's worst-kept secret is now well out in the open; for the best in online investment education and advice, you can't beat www.bogleheads.org. Wisdom of crowds, indeed: a thread for almost every need, an expert contributor for every subject. Now, for the first time between these covers, the Bogleheads assemble their formidable collective expertise on retirement planning. Savor, enjoy, and learn."
—William J. Bernstein, author of The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between

"The Bogleheads' Guide to Retirement Planning delivers the power of the community. Each chapter may have its own author, yet all have been molded by the remarkable Bogleheads community, resulting in a wonderful book that offers readers a slew of practical suggestions and a hefty serving of carefully calibrated advice."
—Jonathan Clements, author of The Little Book of Main Street Money

"The Bogleheads have done it again! The web's savviest and most caring investment consortium has gathered all the information you'll need to plot a safe and sane course toward retirement. Their camaraderie, kindness, and commonsense wisdom will steel you to 'stay the course' and realize your retirement dreams. With the Bogleheads, asking the audience is always the best solution."
—Don Phillips, Managing Director, Morningstar

"This book pilots the reader around the shoals of retirement planning, including tricky issues such as social security, health insurance, divorce, and finding proper financial advice. This not-for-profit collaborative enterprise answers recurrent questions raised by members of the Bogleheads online forum with clarity, wisdom, and humor. It exposes fallacies, suggests alternatives, and reassures the thorough planner. It is a welcome contribution to a world where unrestrained greed and complex financial arrangements have capsized many. I keep referring back to it."
—Ed Tower, Professor of Economics, Duke University

From the Back Cover

Praise for
The Bogleheads' Guide to Retirement Planning

"Meet the wisest and most generous crowd on Wall Street: the Bogleheads. The Internet's worst-kept secret is now well out in the open; for the best in online investment education and advice, you can't beat www.bogleheads.org. Wisdom of crowds, indeed: a thread for almost every need, an expert contributor for every subject. Now, for the first time between these covers, the Bogleheads assemble their formidable collective expertise on retirement planning. Savor, enjoy, and learn."
William J. Bernstein, author of The Investor's Manifesto: Preparing for Prosperity, Armageddon, and Everything in Between

"The Bogleheads' Guide to Retirement Planning delivers the power of the community. Each chapter may have its own author, yet all have been molded by the remarkable Bogleheads community, resulting in a wonderful book that offers readers a slew of practical suggestions and a hefty serving of carefully calibrated advice."
Jonathan Clements, author of The Little Book of Main Street Money

"The Bogleheads have done it again! The web's savviest and most caring investment consortium has gathered all the information you'll need to plot a safe and sane course toward retirement. Their camaraderie, kindness, and commonsense wisdom will steel you to 'stay the course' and realize your retirement dreams. With the Bogleheads, asking the audience is always the best solution."
Don Phillips, Managing Director, Morningstar

"This book pilots the reader around the shoals of retirement planning, including tricky issues such as social security, health insurance, divorce, and finding proper financial advice. This not-for-profit collaborative enterprise answers recurrent questions raised by members of the Bogleheads online forum with clarity, wisdom, and humor. It exposes fallacies, suggests alternatives, and reassures the thorough planner. It is a welcome contribution to a world where unrestrained greed and complex financial arrangements have capsized many. I keep referring back to it."
Ed Tower, Professor of Economics, Duke University

Product details

  • Publisher ‏ : ‎ Wiley
  • Publication date ‏ : ‎ February 22, 2011
  • Edition ‏ : ‎ 1st
  • Language ‏ : ‎ English
  • Print length ‏ : ‎ 400 pages
  • ISBN-10 ‏ : ‎ 0470919019
  • ISBN-13 ‏ : ‎ 978-0470919019
  • Item Weight ‏ : ‎ 1.04 pounds
  • Dimensions ‏ : ‎ 5.2 x 1.2 x 8.7 inches
  • Best Sellers Rank: #36,147 in Books (See Top 100 in Books)
  • Customer Reviews:
    4.5 out of 5 stars (494)

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Customer reviews

4.5 out of 5 stars
494 global ratings

Customers say

Customers find this retirement planning guide to be the best on the market, providing a comprehensive overview of investment options and their impact. The book is written in plain language, making it easy to understand, and serves as a practical resource for both new and advanced investors. Customers appreciate its value for money and consider it worth the time invested.
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58 customers mention content, 57 positive, 1 negative
Customers find the content of the book excellent, describing it as the best retirement book on the market and a great read for any investor, with one customer noting it serves as a valuable desktop handbook.
Great book! Best investing advice I've read.Read more
Good book. Bought for both of our kids. They are in their mid 30's and wanted them to start thinking about how to save for future retirement....Read more
...a MUST READ for anyone who is within 10 years of retirement. A good read for anyone who is about 20 years from retirement as wellRead more
...Excellent book and don't forget to go to their website to get all the information about how you can participate - imagine the possibilities!Read more
57 customers mention informative, 52 positive, 5 negative
Customers find the book informative and comprehensive, providing a good explanation of different investment options.
To date, The Bogleheads' Guide to Retirement Planning is the best reference I've found so far on its topic....Read more
...of Estate Planning," I found it well-written and extremely informative....Read more
This book answered all the questions I had. It has awesome information and I just recommended it to my sister who leaves in New Jersey. Great bookRead more
Good information. Nicely lays out important things to consider when contemplating retirement. I think it could use some updating however.Read more
57 customers mention practical, 55 positive, 2 negative
Customers find the book practical, providing lots of useful advice and serving as a very handy reference, with one customer noting it's a must-read for DIY planners.
...used this book primarily as a reference source and find it to be very helpful and comprehensive tool....Read more
Good advice although the edition is getting dated.Read more
Excellent resource and overview.Read more
...but overall it's a great resource.Read more
27 customers mention clarity, 26 positive, 1 negative
Customers find the book easy to understand and concise, with one customer noting how it explains investing in simple terms.
I have read this book twice now. It is clear and easy to understand and gives clear ideas and suggestions in regards to planning for your retirement.Read more
...book and I can honestly say, it is a wealth of information in a concise and easy to read format....Read more
Valuable Information presented in a very concise way. Effective retirement planning is a must and this book provides a sound basis for this.Read more
Informative, easy to read and understand, A good financial guide for anyone thinking about retirementRead more
26 customers mention financial information, 26 positive, 0 negative
Customers appreciate the financial information in the book, particularly its investment acumen advice and clear explanations of investment options and their impact, making it suitable for both new and advanced investors.
...I can honestly say this book has changed my investing life and will undoubtedly save me hundreds of thousands of dollars over my lifetime by jump-...Read more
...retirement 401k and Annuity and this book has provided me with confidence to make smart investments....Read more
...Very wise people with excellent perspective and advice. I highly recommend this book. For Q's, the Boglehead website forum is outstanding.Read more
...Great for the new investor or the long term pro.Read more
24 customers mention planning, 23 positive, 1 negative
Customers find this guide to be the best for retirement planning, covering all relevant topics and helping customers implement successful strategies for their financial future.
Best book on retirement planning that I have ever read....Read more
This is the best comprehensive book on retirement I ever read. I bought a copy for my 25 year old son, it's that important to read early in life.Read more
good planning ahead bookRead more
Excellent planning and financial information for those who want to ensure a happier retirement.Read more
16 customers mention writing style, 16 positive, 0 negative
Customers appreciate the writing style of the book, noting that the author presents information in plain language.
...Obviously biased to Vanguard but well writenRead more
...the information they will be covering in this book, and, it is written in language that is very understandable for someone not that familiar with...Read more
Extremely well-written book full of information everyone needs to know!!!...Read more
...Taxes," or "Essentials of Estate Planning," I found it well-written and extremely informative....Read more
15 customers mention value for money, 13 positive, 2 negative
Customers find the book worth the price and say it's well worth the time invested.
...The chapter on SPIA's is worth the price on the book alone.Read more
...Well worth the time I invested.Read more
...Well worth the purchase price. a MUST READ for anyone who is within 10 years of retirement....Read more
Book was in great shape, as described and price was fair.Read more

Top reviews from the United States

  • 5 out of 5 stars
    Another Excellent Book from The Bogleheads!
    Reviewed in the United States on September 27, 2009
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    It seems one of the first requirements to post a review here would be to read the book first.

    I just finished reading the entire book and I can honestly say, it is a wealth of information in a concise and easy to read format.

    IMHO, Every one involved should take a huge bow for the effort. For someone who will be considering planning for retirement, this is a straightforward and practical method to use in your planning. Each author lays it out in plain language, with explanations and links to pursue more detailed information.

    As an early retiree, I particularly found the chapters on Social Security, Early Retirement and especially, Estate Planning and Taxes to be most useful for my situation. Perhaps many of these chapters will contain references to areas of retirement planning that have been visited from time to time in other periodicals and books. The real value of "The Bogleheads" Guide to Retirement Planning" to me is the fact that almost every area of planning is here in one remarkable book.

    As we say in the Navy...Well Done!

    82 people found this helpful
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  • 5 out of 5 stars
    The Bogleheads have done it again!
    Reviewed in the United States on November 17, 2013
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    I was so impressed with "The Bogleheads' Guide to Investing" that I picked up this next book in the Bogleheads series. If you loved the first book, this one won't disappoint!

    "The Bogleheads' Guide to Retirement Planning" stays true to the investing principles pioneered by Vanguard-founder Jack Bogle. However, unlike the first book, this book is focused on the various aspects of retirement planning. There is a lot more to retirement planning than 401(k)s and IRAs. Important topics such as how much money to take out every year to make your money outlast your retirement, how to factor in inflation, when should annuities be considered, what kinds of insurance you should have, and how to plan your estate are answered in this book.

    Young people shouldn't brush off this book. In fact, younger readers would be much better prepared than their peers if they are proactive in reading this book. Chapters such as the one on early retirement are targeted towards them, so this book is a wealth of knowledge for all ages.

    One of my favorite lines from the authors is: "Choosing the right mix of assets at the beginning of your career is not as important as getting started on retirement early and establishing good financial habits. At the beginning, it is the amount that you put into a plan that counts, rather than the return of the investment in that plan." A good way to live by this statement is to pay yourself first after every pay period and using your designated retirement accounts specifically for their intended purpose (short of a real emergency). If anything, advice like this is more useful for the younger audience than the ones closer to retirement.

    After you read this book, Appendix II has plenty of good reading for novice investors, intermediate investors, and advanced investors. Regardless of which category you fall under, you will be better prepared for retirement after reading this book.

    24 people found this helpful
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  • 4 out of 5 stars
    Informative and useful
    Reviewed in the United States on January 24, 2014
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    I'm an experienced investor yet I still found valuable nuggets. The book covers all investment aspects of life. I'd easily recommend this book to others.

    One person found this helpful
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  • 5 out of 5 stars
    Wisdom from the voice of experience.
    Reviewed in the United States on April 11, 2026
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    Extremely useful by the famous founder of several major low cost investment funds. READ IT BEFORE YOU START INVESTING to save money and maximize returns!

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  • 5 out of 5 stars
    Truly comprehensive and full of golden nuggets
    Reviewed in the United States on October 19, 2010
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    One chapter of The Bogleheads' Guide to Retirement Planning quotes Donald Rumsfeld: "There are known unknowns. That is to say, there are things that we now know we do not know. But there are also unknown unknowns. There are things we do not know we do not know." That's how I felt while reading this book. Due to its truly comprehensive nature, I learned all about the stuff I knew I needed to learn, but also about all kinds of stuff I hadn't even considered learning about.

    From investment strategies to withdrawal strategies to estate planning (and more), this book really covers everything in exactly enough detail to give you the information you need to know, without providing so much detail that it becomes cumbersome. And there are so many golden nuggets, that I would encourage everybody to read it cover to cover and not just as a reference. There were many times that I thought a subject didn't apply to me and almost skipped the section, then decided to read it anyway and was very glad I did. Goes back to those unknown unknowns.

    In addition, for a book written by many different people who I presume are not authors by trade, this book is exceptionally readable and feels like it was written with a single voice.

    I think this book will be best received by those who are already bought into the Boglehead investment philosophy, but even skeptics could learn a lot as most of the book is not about how to build the ideal portfolio, but rather the myriad other items one must consider in planning for and then executing retirement.

    7 people found this helpful
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  • 5 out of 5 stars
    Will recommend this to friends
    Reviewed in the United States on October 24, 2009
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    This is a terrific book. I've read many books on personal finance and retirement, and this is one of the best... very easy to read. Many individuals made great contributions to make this book possible, and in particular I think Taylor, Mel, Rick, and Laura did great editorial work to get everything to mesh together into a cohesive whole.

    I can't imagine that anyone thinking about retirement wouldn't benefits from reading this book. It's got something for everybody. As a 54-year-old early retirement wannabee, I found particularly useful the section on early retirement. I was also quite interested in the chapters on defined benefit and defined contribution plans. Some of the other chapters were less relevant to my own personal situation, but readers of this guide can pick & choose the elements of retirement planning that are most pertinent for them, and explore the additional resources listed at the end of each chapter if they want/need to explore a topic in greater depth.

    I'm a CPA, and every now & then friends will ask me for advice or words of wisdom on retirement. Henceforth I will point them to this book -- it's one I can heartily recommend.

    12 people found this helpful
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  • 3 out of 5 stars
    Can't say it's the best investment of your time
    Reviewed in the United States on March 6, 2011
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    I had high hopes for this book but was ultimately disappointed. I think there are two reason for this.

    First, I think it tries to cover a little to much, including topics that I don't necessarily think should be part of the retirement planning (ie general investing stuff). I was looking for a more narrowly targeted book. So would this be a good overview/introduction book? Well, no; and this brings me to my second issue.

    The book is straddling the line between beginner and expert on knowledge of the topics covered. This is to say it covers a lot of topics, and does give you the basic concepts you need to consider in each of the topics(this is the beginner part), but since the topics are limited in scope, they tend to throw the concepts and terms at you without giving you the foundation for understanding the terms. So If you an expert, you say to yourself, yep, I know that already, and if you are a beginner, you are saying ok I got my marching orders, but I don't understand exactly what it means, or how to implement them.

    To summarize, if you are well versed in the topic you will not be picking up much new information, but if you are a beginner you will probably get confused, or will not know how to implement the plans provided.

    Now, the book is written by new authors for each topic, so the review I just provided does not apply for each topic, but the overall feeling I got when reading the book was that this book will help you to understand what topics you will need to investigate further (because you didn't understand fully what the writer was talking about), or you will decide okay, I am think I understand this topic quite well because I really didn't get anything new here. That is where I found I was, getting confirmation that I am at a point that I am ready to start drawing up and implementing my retirement plan. I'm not sure that reading the whole book was work that confirmation.

    Here is a list of some of the books I have read in preparing for retirement, and a one-liner, and ranking for each. I will order them in the order I would read them:

    1. The AARP Retirement Survival Guide: How to Make Smart Financial Decisions in Good Times and Bad (Julie Jason)

    Rank: 5/5

    Summary:Real good overview and introduction to the many considerations for retirement.

    2. Buckets of Money: How to Retire in Comfort and Safety (Raymond Lucia)

    Rank: 4/5

    Summary: Interesting concept on planning for retirement. Although I'm not sure I will use the plan Raymond lays out here, I think the general concept is a real good idea on how to think about tapping your assets as you plan for retirement.

    3. Annuities For Dummies (Kerry Pechter)

    Rank: 4.5/5

    Summary: Great details on the highly complex subject of annuities, a critical tool for your retirement planning to alleviate longevity and market risk.

    If you read the books above, I don't think there is a need for reading the books listed below since either they don't have the depth, or have already been covered in sufficient detail in the books above.

    The Bogleheads' Guide to Retirement Planningg (Various Aurthors)

    Rank: 3.5/5

    Summary: I think this book tries to cover a little to much, and as a result has topics that I don't think are appropriate for the retirement planning. Since the book attempts to cover so many topics, it really doesn't give real good details on any one topic. I think of this book, more as an executive summary for the various topics it covers.

    Can I Retire? How Much Money You Need to Retire and How to Manage Your Retirement Savings, Explained in 100 Pages or Less (Mike Piper)

    Rank: 2.5/5

    Summary: What do you expect for 100 pages? Although the author does seem to stay on-topic in this book, its just to broad to really give you any actionable information. Perhaps a decent book if you are just wading into the whole concept of retirement and don't want to put alot of thought into details(IE the big picture). This book does not answer the question it poses in the title.

    Hope this helps

    James

    141 people found this helpful
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  • 5 out of 5 stars
    Book was accurately described
    Reviewed in the United States on April 9, 2026
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    Book was in great shape, as described and price was fair.

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Top reviews from other countries

  • 5 out of 5 stars
    Good advice.
    Reviewed in Canada on September 25, 2025
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    Bogle and the Bogle-heads are right on. Good, simple advice.

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  • 5 out of 5 stars
    Interested in Passive Investing? Bogleheads is the community, and this is one of the books to read
    Reviewed in Germany on May 8, 2017
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    The Bogleheads community is perhaps the best help that I found for a small investor like myself. I cannot express my gratitude with a small words. The topics of the book are very useful if you are thinking about retirement. Good to see all that written Perhaps very much focusing on USA, with their local tricks of the trade. I recommend it anyway.

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  • 5 out of 5 stars
    HIGHLY RECOMMENDED FOR EVERY INVESTOR YOUNG OR IN LATE 50+
    Reviewed in India on August 27, 2014
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    HIGHLY RECOMMENDED FOR EVERY INVESTOR YOUNG OR IN LATE 50+, AS THIS BOOK IS WRITTEN BY BOGLEHEADS . WHO ARE boglehead,s?/ go to boglehead.org . ,it is full of information about INDEXING ,low cost index fund investing for long term and for your retirement ,they are all 60+ followers of principals of JOHN C. BOGLE. dr anil gupta md (usa) cardiologist /BOGLEHEAD . only my regret is that I came to know about simple principal of low cost indexing too late in my life ,but I am teaching to my kid and spouse about INDEXING .I opened demat 3 in one a/c for both ,now they themselves invest regularly in low cost stock index funds ,70% large cap ,20% mid cap and 10% small cap value and BALANCED FUNDS ,AND INFLATION PROTECTED BONDS . AND TAX FREE MUNCIPAL BONDS ,WITH 10% IN REIT ETF.

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  • 2 out of 5 stars
    Good for Americans
    Reviewed in the United Kingdom on September 25, 2017
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    American information relating to investment accounts and tax. Probably wouldn't have bothered if I'd known that

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