Rutgers New Jersey Agricultural Experiment Station [Later Life Farming]

References

Below is a list of print and online references that provided background information contained within Later Life Farming: Creating a Retirement Paycheck.

Module 1: Creating a Retirement Paycheck

Anand, S. (2008, June 2). Riding the retirement wave. The Wall Street Journal, p. R1-R2.

Bengen, W. P. (1994, January). Determining withdrawal rates using historical data. Journal of Financial Planning, 7(1), 14-24.

Frick, R. (2008, September). New ways to tap savings. Kiplinger's Personal Finance, 62(9), 41.

Fronstin, P. (2006, July). Savings needed to fund health insurance and health care expenses in retirement. Washington DC: Employee Benefit Research Institute.  Retrieved September 26, 2006

Garman, E. T. & Forgue, R. E. (2008). Personal finance (9th Edition). Boston, MA: Houghton Mifflin.

Mishra, A. K., Durst, R. L., & El-Osta, H. S. (2005). How do U.S. farmers plan for retirement? (Amber Waves). Washington, DC: USDA Economic Research Service. Retrieved February 5, 2009

National Center for Health Statistics (2006). Health, United States, 2006, With chartbook on trends in the health of Americans. Washington, DC: Author. Retrieved December 17, 2007

Porter, N., Schuchardt, J., Pankow, D., & O'Neill, B. (2008). A marketing and audience analysis for an online investment education for farm households project. In I. Leech & P. A. Fisher (Eds.), Proceedings of the Association for Financial Counseling and Planning Education Annual Conference, 124.

Reasonable assumptions are key to sound planning (2007, Summer). T.Rowe Price Report, 15-16. Retrieved April 7, 2009

Reichenstein, W. (2008, July). Will your savings last? What the withdrawal rate studies show. AAII Journal, 30(6), 5-11.

Social Security's Future: FAQs (2008). Retrieved November 13, 2008


Module 2: Farming in Later Life

Ease your way into retirement (2008, December). Kiplinger's Personal Finance, 62(12), 22.

Gale, F. (2002). The graying farm sector: Legacy of off-farm migration. Rural America, 17(3), 28-32. Retrieved March 11, 2009

Helman, R., VanDerhei, J., & Copeland, C. (2008). The 2008 retirement confidence survey: Americans more worried about retirement, health costs a big concern. Issue Brief No. 316. Washington, DC: Employee Benefit Research Institute. Retrieved April 8, 2009

Kimhi, A., & Lopez, R. (1999, January). A note on farmers' retirement and succession considerations: Evidence from a household survey. Journal of Agricultural Economics, 50(1), 154-162.

Mishra, A. K., Durst, R. L., & El-Osta, H. S. (2005). How do U.S. farmers plan for retirement? (Amber Waves). Washington, DC: USDA Economic Research Service. Retrieved February 5, 2009

Phasing into retirement (2005, December). T.Rowe Price Investor, 14-15.

Porter, N., Schuchardt, J., Pankow, D., & O'Neill, B. (2008). A marketing and audience analysis for an online investment education for farm households project. In I. Leech & P. A. Fisher (Eds.), Proceedings of the Association for Financial Counseling and Planning Education Annual Conference, 124.

Whitehouse, K. (2005, March 28). Keep on working (sort of). The Wall Street Journal, p. R6-R7.

Working longer and other ways to optimize income (2008, Summer). T. Rowe Price Report, 100, 14-18. Retrieved April 8, 2009

Module 3: Where Am I Financially?

Garman, E. T. & Forgue, R. E. (2008). Personal finance (9th Edition). Boston, MA: Houghton Mifflin.

How much am I worth? (1999). Rutgers Cooperative Extension Fact Sheet FS012. Retrieved December 16, 2008

Kapoor, J. R., Dlabay, L. R., & Hughes, R. J. (2008). Focus on Personal Finance (2nd Edition). Boston, MA: McGraw-Hill.

Programming my dollars: Where does the money go? Rutgers Cooperative Extension Fact Sheet FS063. Retrieved December 16, 2008

SMART financial goal-setting. (2007). Retrieved December 18, 2008

 

Module 4: How Much Do I Need to Save?

Ballpark estimate (2005). Washington, DC: American Savings Education Council.  Retrieved October 5, 2008

Clements, J. (2008, January 2). Simple math to see if you have an age-appropriate nest egg. The Wall Street Journal, p. B9.

Coombes, A. (2007, July 26). Calculating your retirement nest egg. The Wall Street Journal, p. D2.

Mishra, A. K., Durst, R. L., & El-Osta, H. S. (2005). How do U.S. farmers plan for retirement? (Amber Waves). Washington, DC: USDA Economic Research Service. Retrieved February 5, 2009

Opdyke, J. (2006, July 1-2), Will you be able to retire? The Wall Street Journal, p. B1, B4..

Reasonable assumptions are key to sound planning (2007, Summer). T.Rowe Price Report, 15-16. Retrieved April 7, 2009

Whitehouse, K. (2006, March 27). What if…? The Wall Street Journal, p. R6.

Module 5: Sources of Retirement Income

Garman, E. T. & Forgue, R. E. (2008). Personal finance (9th Edition). Boston, MA: Houghton Mifflin.

Guide to social security and medicare overview 2008 (36th Edition). Louisville, KY: Mercer Resource Consulting, Inc.

Investing for your future (2009). Retrieved April 7, 2009

Kapoor, J. R., Dlabay, L. R., & Hughes, R. J. (2008). Focus on Personal Finance (2nd Edition). Boston, MA: McGraw-Hill.

Social security retirement planner (2009). Retrieved February 13, 2009

2009 social security changes.  Retrieved January 21, 2009

2009 tax planning guide (2009). Albany, NY: Newkirk Press.

Module 6: Investing and Investment Diversification

Asset allocation: key to long-term investment success (2004, Fall). T. Rowe Price Report, 85, 10-12.

Garman, E. T. & Forgue, R. E. (2008). Personal finance (9th Edition). Boston, MA: Houghton Mifflin.

Grable, J. E. & Roszkowski, M. J. (2007) Self-assessments of risk tolerance by men and women. Psychological Reports, 100, 795-802.

How often should I rebalance my portfolio? (2009, March). T. Rowe Price Investor, 10.

Investing for your future (2009). Cooperative Extension System. Retrieved April 7, 2009

Investment risk tolerance quiz (2008). Rutgers Cooperative Extension. Retrieved April 7, 2009

Kapoor, J. R., Dlabay, L. R., & Hughes, R. J. (2008). Focus on Personal Finance (2nd Edition). Boston, MA: McGraw-Hill.

McCarthy, E. (2009, February). Time for another look at client risk tolerance? Journal of Financial Planning, 22(2), 18-24.

Rebalance accounts regularly (2008, September). NAPFA Advisor, 38.

Use asset allocation to build a better portfolio (2003). In the Vanguard, 3-4.

Module 7: Making Your Money Last

A shopper's guide to long-term care insurance (2001). Kansas City, MO: National Association of Insurance Commissioners.

Charles Schwab & Co. (2008). Rethinking retirement. San Francisco, CA: Author. Retrieved April 7, 2009, from http://rethinkingretirement.schwab.com/about/insecurity.php

Cost cutting tips (2008). Washington DC: AARP. Retrieved February 24, 2009

Cut your spending by $500 per month (2008, August). Consumer Reports, 73 (8), 16-17.

Greene, K. (2007, April 24). Buying old-age insurance. The Wall Street Journal, p. D2.

Guide to social security and medicare overview 2008 (36th Edition). Louisville, KY: Mercer Resource Consulting, Inc.

Keating, P. (2008, May). Take (long-term) care. Smart Money, 27(5), 48-49.

Loeper, D. B. (2002, October). The truth about Monte Carlo. Investment Advisor, 22(10), 70-72.

Monte Carlo calculator (n.d.). Retrieved February 17, 2009

Reichenstein, W. (2006, November). Withdrawal strategies to make your nest egg last longer. AAII Journal, 5-11.

Save $50 a day (and feel no pain) (2009, March). Kiplinger's Personal Finance, 63(3), 49-57.

66 ways to save money (2006). Washington, DC: Consumer Literacy Consortium. Retrieved April 7, 2009

Three tax-savvy tips for retirement withdrawals (2007, Autumn). In the Vanguard, 12.

What older adults need to know about money (2009). Retrieved March 18, 2009

Module 8: Farm Transfer Decisions

Bradley, D. & Jenkins, J. (2009). The importance of succession planning to the family farm in a volatile environment. Small Business Institute National Proceedings, 33(1). Retrieved March 9, 2009

Fetsch, R. J. (1999, June). Some do's and don'ts for successful farm and ranch family estate transfers. Journal of Extension, 37(3).  Retrieved March 9, 2009

Gale, F. (2002). The graying farm sector: Legacy of off-farm migration. Rural America, 17(3), 28-32. Retrieved March 11, 2009

Mishra, A. K., Durst, R. L., & El-Osta, H. S. (2005). How do U.S. farmers plan for retirement? (Amber Waves). Washington, DC: USDA Economic Research Service. Retrieved February 5, 2009

Transferring the Family Farm: What worked, what didn't, for 10 New Jersey families (n.d.). Trenton, NJ: New Jersey State Agriculture Development Committee. Retrieved February 24, 2009

U.S. Department of Agriculture (2009a). 2007 Census of Agriculture: Demographics.  Washington, DC: Author. Retrieved February 6, 2009

Module 9: Regulation and Tax Issues

Garman, E. T. & Forgue, R. E. (2008). Personal finance (9th Edition). Boston, MA: Houghton Mifflin.

Income tax management for farmers in 2008 (2008, November). Purdue Extension Publication CES-366-W.

Matlin, E.G. (2004). The procrastinator's guide to wills and estate planning. New York: New American Library.

New Jersey estate tax- Important provisions and filing requirements (2009). Trenton, NJ: State of NJ Department of the Treasury, Division of Taxation. Retrieved January 24

2008 Instructions for Schedule J: Income averaging for farmers and fishermen. Washington, DC: Department of the Treasury, Internal Revenue Service.
2009 Annual Limits Relating to Financial Planning (2009). Denver, CO: College for Financial Planning. Retrieved February 4, 2009

Module 10: Getting Help

Investing for your future (2009). Cooperative Extension System. Retrieved April 7, 2009

What is eXtension? (n.d.). Retrieved April 7, 2009

Useful Links

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