Book Description

Ed Slott’s book The Retirement Savings Time Bomb . . . and How to Defuse It taughtAmericans how to protect their hard-earned cash from the IRS’s coffers. Now, "America’s IRAexpert" (Mutual Funds Magazine) returns with a bulletproof plan for ensuring your IRA’scontinued longevity, tax-favored, for generations.

In Parlay Your IRA, Ed Slott shows you how to make the most out of your retirement plan.Slott's three-step strategy cuts through the tax laws and provides simple, easy-to-followinstructions for managing your IRA and other retirement income. Learn what you can do to parlayit into a fortune during your lifetime, and what you must do now to ensure that yourbeneficiaries will have all the options available to capitalize on the opportunity you've created forthem to keep your money growing.

Packed with strategies, tips, answers to frequently asked questions Parlay Your IRA into aFamily Fortune offers real solutions to making the most of your retirement money.

Learn how to:
* Achieve unlimited tax-free income when you retire.
* Pass more assets on to loved ones and other beneficiaries
* Keep retirement assets in the family for decades, even generations, and pay minimal or notaxes
*Protect your retirement account from creditors, divorce, bankruptcy, lawsuits, or other problemsthat could expose it to loss
*Use a Roth IRA to build a tax-free fortune
* And much, much more
... Read more

Reviews (1)

Excellent strategic planning
Ed Slott has produced a gem of a book.His message is targeted to those of us who don't plan to use up our entire IRA savings account during our own lifetimes, but plan to leave some of those savings for our heirs. If you can make that money grow by investing wisely, Slott shows you the secret of making that money last (he calls it `stretching') for the lifetime of your beneficiary (and even longer).It really is possible to convert your IRA into a family fortune.

There are three important steps to take.The first is converting to a Roth IRA.The next is to carefully choose the correct beneficiary.It must be one person.More than one beneficiary is OK, but it's crucial to set up a new IRA account for each.Be certain that your beneficiaries understand the steps necessary to stretch their IRAs to last the lifetime of their heirs.

The third step involves hiring an IRA advisor.The laws are tricky and things must be done just right.Fortunately, Slott provides directions on just how to get started.Although I was reluctant to take this step, he points out the importance of hiring an IRA advisor and how to go about finding one who is competent.It's too important to trust just anyone.

By carefully reading this book and following the instructions, you can arrange for your savings to continue to compound - tax deferred - for years.

If I found one fault with the book, it's that it lacks advice on just how to get the money in your IRA account to grow at a satisfactory rate.These are not the 1990's and one cannot simply park money in the stock market and watch it increase in value daily.Fortunately, I recently came across another new book that fills the gap.CREATE YOUR OWN HEDGE FUND describes a method of investing that taught me how to hedge (reduce the risk of owning) a portfolio of index funds (ETFs).The book is a tutorial on how and why this method is suitable for most investors.

I recommend both books as a way to build your IRA account and make it last for generations.
... Read more

Book Description

Reviews (3)

The New Retirement: A Holistic Approach!!!
Finally........the retirement book that I have been looking for....and I have been doing a lot of looking this summer.

I hope to retire in about 7 years and I have yet to find a retirement book (until this one!) that is truly A-Z in its scope. This book hit the spot specifically because it delved into the psychological and readiness aspects of retirement as well as doing a great job on explaining the typical financial and locational aspects of retirement. The psychological opportunities and pitfalls of retirement are discussed and supported with recent and credible psychological studies. This book really makes you think clearly and test yourself before jumping into that standard question: "Do I have enough enough in my 401-K to retire?"

Yes, this book puts retirement planning all together in an easy-to-read "one stop shop" approach. Its delivered in a fun manner with straightforward and understandable language. I strongly advise anyone planning retirement to get this book!

The New Retirement: it works for me
Does it seem like you've spent a life time searching for the perfect retirement planning guide? If so, now you can "retire" from your search. Nestled among the mountains of how-to books, I found something new ... and best of all ... something truly different. Authors Jan Cullinane and Cathy Fitzgerald offer readers a yellow brick road to the perfect retirement destination. Perfect because the destination you choose is based on your unique needs.

You will not find a lock-step, "one size fits all" plan here. More than just informative, this book is inspirational. Turning these pages awakens your motivation to plan. Remember, you can lead a horse to water, but you can't make him drink. So motivation to plan is the real key to retirement success. "New Retirement" opens the reader's mind to all the possibilities, and all the resources necessary to arrive in style when you get to retirement's door. Readers aren't just invited to drink the water, the authors get you to jump in and swim among a sea of options.

Some say, "You can't judge a book by it's cover." Wrong. The book's cover design, created by Joanna Williams, is the best I've seen in my 25-plus years in the field of gerontology. Let's not forget, the first obstacle publishers must overcome is to "get people to pick up the book ... then read ... then plan ... then retire successfully. The cover design is bold, compelling, and a wonderful metaphor to those who believe our retirement outlook is sunny and bright ... with nothing but blue skies ahead. I predict a Best Seller.

One other thing. When I began reading the book, I was pleased to notice the attention to detail. For example, right there in the book's acknowledgments, the authors note their financial experts are Certified Financial Planners, not just financial consultants. If you don't know the difference between these two professional groups, you really need this book. In fact, I'd advise, "Don't retire without it."

Topics address issues related to time management, personal goal-setting, meaningful use of time (travel, education, voluntary service), extra income (second careers, consulting), retirement locations, legal and financial concerns, health and wellness, and checklists to facilitate comprehensive and sound retirement planning.

The only book you'll need!
I've read through many retirement books and this one really has the most comprehensive approach. My husband and I are boomers looking to retire within the next 5 years. This book not only provides a great review of recommended locations (along with key website information!), it addresses a host of other considerations. I especially loved the checklists in the back. It is well written, informative and funny! ... Read more

Book Description

For baby boomers reaching retirement age and the millions of other Americans who keepmost of their assets invested in IRAs, 401(k)s, and similar retirement plans, financialexpert Ed Slott’s eye-opening guide is a must-have resource to help protect those savingsfrom the IRS. Through his simple 5-Step Action Plan, Ed Slott’s down-to-earth, clear-cut,and often humorous approach shows everyday investors how to distribute, roll over,withdraw, and secure their retirement savings (and their inherited nest eggs) againstUncle Sam. ... Read more

Reviews (13)

Not bad, even with the overly chatty style
I'm an historian and archivist with a "humanities mind," whereas my wife is a mathematician with a knack for anything financial. Our arrangement has long been that she keeps track of our investments (also those of her parents and most of her siblings), works out what to do about them, and then explains it all to me (and them). But she still insists that I make an attempt to understand what's going on, and to that end she hands me books like this one. I have to say that, except for a sense of humor that tries too hard, Slott is better at providing a clear explanation of tax law and financial decision-making than many similar books I've waded through. His specialty is IRAs and similar retirement arrangements, and since I've just turned sixty, I'm paying attention to this stuff. After an introductory section explaining the jargon and describing the theory behind traditional and Roth IRAs, he launches into the details of his "Five Easy Steps": Timing (when and how much to take out of your IRA, including both the legal requirements and your own strategic needs), life insurance (to cover the taxes your beneficiaries will have to pay when they inherit your IRA), stretching the payout period (selecting a child as a beneficiary can keep the distributions going for decades after you're gone, allowing your bequest to keep growing), converting to a Roth IRA if possible (a great tax deal, especially for the beneficiaries), and avoiding estate taxes. Although he calls it "death taxes," a partisan pejorative term I despise; there's far too much concentration of wealth in this country already. He also waxes on about the unfairness of the IRS and the tax code, forgetting the basic principal: Taxes aren't intended to be "fair," they're intended to raise money for the government. Anyway, he does a good job of explaining the options the retiree faces at each step and in each new or variant situation, and he does it with resorting (much) to unexplained bizspeak, which certainly increases its accessibility for most of us. I'm told the regulars on Morningstar's Vanguard discussion board -- a group which has included John Bogle, Larry Swedroe, Rick Ferri, and other Big Names -- think highly of Slott's take on things, and you probably can't do badly if you follow their advice.

EXCELLENT BOOK - ABSOLUTE MUST READ
This book is an absolute must for anyone who has an IRA.Not only is it very understandable but it actually saved me thousands upon thousands of dollars.Ed Slott mentioned a deduction that many accountants miss re: IRA beneficiaries ( page 246).In a nutshell, it explained that if a beneficiary IRA was taxed as part of the estate you are entitled to a deduction on your tax return every year for the beneficiary IRA since you cant be taxed twice.Sure enough my acccountant (who is excellent) had missed this deduction which turned out the be worth thousands of dollars over a lifetime for each of four children.This book is worth its weight in gold.I cant recommend it too highly.

A "Must Read" for anyone who has an IRA!
If you are an investor and have money in an IRA or your company retirement plan, Ed Slott's book should be required reading.Ed gives practical, easy to understand, and priceless advice on how to maximize the value of your retirement savings and minimize the bite Uncle Sam will eventually take from it.Once you read this book, you'll know more than 90% of financial advisors.

Fire you advisor
I am in the financial services industry.If your current advisor does not understand the IRA, 401K, etc. rules, you need to find one that does.

Recently I did an informal survey of my coworkers.I tested their knowledge of retirement plan.Almost all of them failed!If it scares me, and it should frighten all of their clients.

If you want to give away a lot of your hard earned money to the government, do not read this book.Otherwise, read the book and find a competent advisor to help you implement the strategies.

No one knows IRAs like Ed Slott
No one on the planet knows IRAs better than Ed Slott.Congress has made the rules so complicated, that IRA owner ARE sitting on a Time Bomb -- a tax bomb.

Without the proper tax planning, your heirs could stand to lose 70% due to the combined income and estate taxes.If you are fortunate enough that the annual minimum required IRA distributions are not your only source of income, hence you are leaving a bulk of the account intact each year for future growth, you could be doing a disservice to your children or grandchildren.Read Ed Slot's book.

Even your favorite charity could receive less than you expected. Read Ed Slott's book.

And by the way, whether your hard earned retirement savings is in an IRA, 401K or other similar deferred account, you should be reading Ed Slott's book.

I am a practicing CPA and I have read Ed Slott's book. ... Read more

Book Description

Retirement does not have to mean the end of life—in fact it can mean a whole new beginning to the life you never had time to explore. In HOW TO RETIRE HAPPY, WILD, AND FREE, best-selling author Ernie J. Zelinksi shows that the key to enjoying an active and satisfying retirement is dependent on much more than just having adequate financial resources. It means paying attention to all aspects of life, including leisure activities, creative pursuits, physical and mental well-being, and solid social support. With its friendly format, lively cartoons, and captivating quotations, Zelinski’s guide offers inspirational advice on how to follow your dreams instead of someone else’s, how to put your retirement in proper perspective, and how to enjoy life after work. ... Read more

Reviews (3)

Zelinski Again
Who Wouldn't Want To Be Coached By A Guy Named Ernie Zelinski? That's the title of an article I wrote about Zelinski's other books. I love Zelinski. This time his book, How to Retire Happy, Wild and Free is about living, although it's disguised as a book on retirement. It is his best.

I recommend the book for anyone under 27 years old because they are young enough to embrace the ideals of this book and shift their lives accordingly. They can choose to live the life their heart calls them too instead of the life the MBA drives them, too. After 27 years of age people get buried in delusions about the supposed necessities of life.

I also recommend the book for people over 50. These people are now wise enough to know better and can embrace the attitudes of Zelinski's retirement long before they stop working for money. His definition of retirement is all about following your heart and is not based much on working for a living or not. Retirement is a state of mind, and you can apply many of the ideas in the book today to make your life happy, wild, and free.

Zelinski is inspiring. Zelinski knows we are all creative; I agree. I am constantly urging my patients to have some creative pursuit in their lives. Here is what he says from the book:

Once you retire, you too can reclaim your creative spirit and find an artistic pursuit that will ignite your inner fire. Your artistic pursuit -- whether it's painting pictures, writing poetry, or making pottery -- will rekindle a part of you that has been suppressed for years by the structure of a job and the routine of daily life. Not only can it make you feel more alive, an artistic pursuit can constitute the primary reason for your being.

Ninety-five percent of books on retirement are about how to plan financially for the event, and they ignore the spirit of the matter. Zelinski goes for the heart as he always does. He shows oodles of evidence demonstrating money has little to do with satisfaction in retirement. It is about finding meaning in your life. It's about living happy, wild, and free. Isn't that something that would be useful at any age? It's what I want for you and for me. That and being able to wear aloha shirts or the equivalent whenever you want. Cha!

Retirement is not just about the money, it's about lifestyle
Having been a financial advisor for more than 30 years, it is a refreshing relief to find a book that does not focus on the monetary issues of retirement. As principal of a company that helps people "design the best years of their life" this book is an excellent primer that is also entertaining. Contrary to the sub-title there is a slowly increasing number of advisors who have an equal focus on retirement lifestyle planning as they do on pure financial planning. The style of read is "appealing." This book will encourage the baby boom generation to explore what is possible for them in retirement, to be more and to contribute more to their communities. Life Planning Matters distributes this book to its clients - it makes a great gift!

Well worth the purchase and your time
Ernie Zelinski's newest publication, entitled HOW TO RETIRE HAPPY, WILD, AND FREE (Ten Speed Press, 2004), is intended for pre-planners, retirees, and those who dream about leaving the restrictions of the daily grind. His often whimsical, yet essentially practical ideas are meant to assist in our making the best of life's pleasures. Like his very successful THE JOY OF NOT WORKING (Ten Speed Press, 2003), HOW TO RETIRE HAPPY, WILD, AND FREE is well thought out, upbeat, and a delight to read. Anyone contemplating retirement -- and I guess that means all of us -- could take a page from Zelinski's book about lifestyle considerations to make the daily activities in our new "life after work" not only full of purpose, but also full of enjoyment. This book is a primer on how the many opportunities found in retirement can help each of us be the person we always knew we were but were too busy to realize...

I'd like to use the expression "right on the money" to characterize Zelinski's suggestions, but after completing this book or any of his others, readers will know that money is not the touchstone for a comparison. As Zelinski himself tells us: "the biggest mistake you can make with your retirement planning is to concentrate only on the financial aspects" (p.2)...Zelinski is methodical in revealing ways for us to be so engaged.

I highly recommend that you purchase and read HOW TO RETIRE HAPPY, WILD, AND FREE. This is one book that will prepare you to keep smiling. ... Read more

Book Description

Praise for THE NEW RULES OF RETIREMENT

"As a Wharton graduate, money manager, Chief Financial Officer, and Certified Financial Analyst, I didn't think I needed help in making investment choices and planning for my retirement. I was wrong. I have been a subscriber to Retirement Watch since 1997. I trust Bob Carlson completely and follow his investment, tax, and planning advice personally."
—Sandy Kagan, CFA
CFO Partner,Tatum Partners

"A clear, practical, and wisely unconventional guide to the new world of retirement."
—Humberto Cruz
Nationally syndicated financial columnist, Tribune Media Services

"Bob Carlson does a magnificent job preparing readers for the many challenging issues they will face over the next several decades. Retirees can no longer count on generous asset returns and employer-provided defined benefit plans. Bob provides readers with creative approaches for contending with these challenges to help ensure financially and emotionally secure 'freedom years'."
—Lawrence E. Kochard, PhD, CFA
Chief Investment Officer, Georgetown University

"Bob Carlson shows that three trends—demographics (baby boomers), increasing longevity, and fewer offspring—have changed forever the landscape facing America's retirees. Stereotype retirement based on Social Security and employer pensions is out; making ends meet on your own is in. Better get yourself ready—and you can do so by reading this book."
—James C. Miller III
Former U.S. Budget Director, Chairman of The CapAnalysis Group, LLC ... Read more

Book Description

In today’s volatile financial environment, growing numbers of investors are looking to flee the stock market in search of safer ground. While the bond market has often been a “safe haven,” confusing new bonds and bond funds make it increasingly difficult for unfamiliar investors to choose the correct fixed income investments. The Bond Book provides investors with the information and tools they need to make bonds a comforting, important, and profitable component of their portfolios.Thoroughly revised, updated, and expanded from its bestselling first edition, this all-in-one sourcebook includes:*A new section on using the Internet to research, buy, and sell bonds *A new chapter devoted to increasingly popular foreign bonds *Detailed information on the inflation-linked Treasury bonds *Explanation of the new categories of bond funds *Tips on how to evaluate and buy bond funds ... Read more

Reviews (16)

An unbiased explanation of fixed income securities
This book is more than just a primer on bonds and other fixed income securities. The author goes into great detail on each type of instrument as well as the IMPORTANT risks involved. The concept of "Interest risk" as opposed to "Credit risk" is worth the price of the book alone. The only negative is that the book was published in 1992, which missed out on the ending of the "Junk Bond" fiasco.

Almost Everything
This book is an amazing compilation of explanations of all of the major bonds in the market. It lags the market in one major area. Credit derivatives which have internal financing and trade credit risk similar to bonds are not included. The credit risk of a bond is transferred in these derivatives. These off-balance sheet products round out bond portfolios and transfer the risk of bonds into collateralized debt obligations that mutual funds buy. No bond book is complete without discussing these products.

To be fair, the credit derivatives market exploded in just the last 3 years, and synthetics (credit derivatives and total return swaps) now make up 70% of securitizations bought by bond funds. Tavakoli has written an excellent and entertaining book on these products: "Credit Derivatives" (Second Edition).

Only Book On Bonds You Will Ever Need
You should read this one even if you ultimately decide that bonds aren't for you. Investment curiosities like bonds and stock moving in opposite directions, how inflation is addressed in the bond market, how to purchase treasuries without a commission, what it may mean for the economy when long term bonds are returning a lower yield than short term securities, and the power of compound interest are just a few of the topics discussed in enough depth that you will probably enjoy a whole lot better understanding of the financial markets than ever before.

comprehensive review of bonds
This book can help you make money. How? It reviews the history of spreads between Treasuries and Municipals, between Treasuries and Junk bonds, and between Treasuries and other types of bonds/securities. By buying the appropriate security when the spread is abnormally large by a wide margin, which admittedly may only occur once every ten years or so, I believe one could make a ton of money. An example would be to buy junk bonds when the spread between junk and treasuries exceeds 1200 basis points. Another example would be to buy municipals if their yield surpasses the treasury benchmark. Patience will be required, though, since, as the author points out, it is tough to make a killing in the bond market all the time (i.e. the market is usually highly efficient).

The author also does a terrific job pointing out the different types of risk (reinvestment, inflation, currency, interest rates, credit, etc.) for all the different types of securities and duration of securities. She then tells you how to select a security appropriate for your needs given the risks. For example, if you don't want to worry about a rise in rates destroying the value of your bond, buy one that you can hold to maturity and collect at par. Better yet, buy one with a short duration.

In conclusion, any well rounded financier needs to know about bonds--even Warren Buffet--the famous "stock picker"--invests a ton in bonds. This book is a great start to earning this skill.

A must read for fixed-income
I highly recommend this book to anyone interested in bonds, or for those who wish to enter the financial services industry. I had a difficult time putting this book down; the content was amazing.

Bonds are an important asset class to own, regardles of the current interest rates or stock market performance. You will gain a lot of knowledge either for your own informational needs or professional use. ... Read more

Book Description

Live It Up without Outliving Your Money!

"Paul Merriman's new book is a rich and meaty guide to achieving real retirement security. It's full of wise, easy-to-follow advice that will stand the test of time."
—Knight Kiplinger, Editor in Chief, Kiplinger's Personal Finance Magazine and The Kiplinger Letter

"Read, Live It Up! Not only does Paul Merriman know the secret to making your money work as hard as you do, he loves helping people achieve their goals and dreams."
–Paul B. Farrell, author of The Millionaire Code, The Winning Portfolio and The Lazy Person's Guide to Investing

An educational and motivational guide to retiring without running out of money

No one understands this better than Paul Merriman. For four decades, Merriman has helped and watched people manage their money—both before and during retirement. Now, in Live It Up without Outliving Your Money!, Merriman distills what he has learned into a sound, time-tested approach to creating a portfolio that will fulfill your unique retirement needs.

Based on Merriman's popular retirement workshops, Live It Up without Outliving Your Money! offers ten straightforward steps to creating and maintaining the perfect retirement portfolio. From determining how much you will need to live on after retirement to recognizing and controlling the expenses of investing, the easy-to-understand strategies outlined within these pages can help you regain confidence in your retirement plan.

Stay current! visit www.wiley.com/go/paulmerriman ... Read more

Amazon.com

The New Retirementality outlines a cleverly named concept that should be of interest to anyone uneasy with the traditional requirement that Americans totally drop one portion of their lives--the working part--simply because they've reached a certain age. Author Mitch Anthony offers, instead, an alternative for a more balanced period of later life that's based entirely on personal desires and that ultimately could change, rather than merely buck, societal norms. Demanding a "philosophical shift in life planning" as well as a "fiscal shift in resource management," it calls for carefully reviewing individual thoughts about retirement, defining activities that would make it personally meaningful (and which will likely include continued employment of some kind), and preparing for the transition well in advance by simplifying both external and internal matters. Anecdotes about those who already have done so and inspirational suggestions from Anthony should provide motivation for readers who agree that flexible, phased retirement is preferable to the jarring lifestyle change enforced upon our parents. "Retirement as we know it today," Anthony concludes, "is a relic from a time and a world that have long since passed." --Howard Rothman ... Read more

Reviews (11)

Great job Mitch Anthony
As a financial planner who specialized in retirement and life planning I have read many books on the subject of retirement planning. Many are good, some are great and a small number are of no use. This is one of the great ones because it addresses retirement in a new light. I see far too many people that have bought into the traditonal view of retirement only to find them selves bored and frustrated with life. They may have done a great job accumulating financial wealth but when it comes down to transitioning into this new phase of life called retirement they fail. Mitch Anthony does a great job of getting the reader to think about retirement as something much more than the traditional view that so many people have been sold for many years. I don't believe that the book is "The Book" on retirement planning and I don't believe that there is one book out there with all of the answers. This book is a great additon to my library of resources that I continually use to help my clients retire (what ever that may be for them) as successfully as possible. The cost of the book is low so buy it and decide for yourself. I dont't believe that you will feel like you wasted your money or your time.

The New Retirement: Ultimate Guide To The Rest Of Your Life
The New Retirement: The Ultimate Guide To The Rest Of Your Life is the most comprehensive book on the subject that I have seen. I especially recommend this book to those who are about to retire since it provides an excellent self analysis on the type of retirement that would best suit you (and your spouse if you are married). The book covers but goes beyond the typical "where to retire" and the "financial aspects" of retirement and expertly covers subjects of "readiness" for retirement, and "options" on the type of retirement that would be right for you. I have developed many strategies for retirement after having read this book that I would have never even thought of!

It's Time to Wake-Up to Reality
Mitch Anthony does a wonderful job reminding us that the common expectation of retirement is a very impractical and downright unhealthy.

Our concept of retirement is only about three generations old. When Social Security retirement benefits came into being people died about the same time benefits started. We now live decades longer. Yet most people still feel that they are "entitled" to retire in their sixties.

Only about 1% of all Americans will be able to retire in their sixties and maintain their standard of living. Why are we stressing ourselves out in jobs we hate hoping to save enough money to buy our freedom, i.e. retire? Add to that stress the guilt we feel because we have not saved nearly a fraction of what it will take.

A recent study by AARP showed that most seniors plan to have some sort of gainful employment in their retirement years - out of choice, not financial necessity. It is human nature to be involved and productive throughout our lifetimes.

The New Retire-Mentality is a very important wake-up call to help us re-think the "traditional" notion of retirement.

Save your retirement --read this book!
The New Retirementality by Mitch Anthony is one of the most remarkable books I have ever read. Not since seeing the terrifying opening scenes of The Matrix, have I had the sense of a socially induced reality collapsing so completely. In deconstructing the commonly held assumption that a non-working retirement is the best way to spend the last years of our lives, Mitch Anthony provides readers with an escape route from the Orwellian world of institutional thought control.

Save your retirement, read this book!

Great for Gen-X'ers Too
I really enjoyed reading this book. It has given me a new perspective on my career. I am glad that this wasn't just another book on how to save millions of dollars. Anthony discusses the importance of finding your calling, so to speak. He wants readers to look at what they enjoy most and do that for most of their lives. Of course, there may be a time when we are unable to work or no longer want to work. Then, it is important to have some money set aside. Otherwise, you can retire from the typical working world at any age and begin the life you've always wanted to live. ... Read more

Book Description

More than 5,000 people retire every day--yet there have been no retirement books that are both informative and motivational until now.101 Secrets for a Great Retirement encourages and inspires retirees to simplify their lives and pursue their dreams.The authors cover all the essential topics, including health, social life, relationships, financial matters, legal issues, and more.

Reviews (2)

Great book for those facing retirement in a few years
This is a much more practical book than some of the "100 things you can do when retired" books that suggest babysitting, dogwalking or other simplistic ideas. Mary Helen Smith lists 101 things you should think about or do, like consider what is "quality of life"--for example, downsizing your house versus staying in an expensive piece of real estate, and listing government programs for retirees, something you may not know about. In addition, she stresses understanding about money. Once you are on a fixed income, and one that is possibly lower than your salary, you must deal with money in a different manner. Now is the time to learn about finances and money, not after you've gotten your first social security check. With many millions of people hitting retirement or near-retirement age from the Baby Boom, this is a really good starting-off point to plan out your coming retirement years. Highly recommended.

Practical inspiration
I'm impressed by how much information is packed into the conversational style of this book. An abundance of practical information is available without it feeling tedious. Your approach is positive, encouraging, and realistic. Maslow and intuition are acknowledged. Caring ways to honor yourself and others are gently and directly suggested. Thank you for writing a helpful book that will positively affect the lives of those who read it. ... Read more

Book Description

This step by step Guide of how to purchase Real Estate and Other non-standard assets with Individual Retirement Accounts (IRAs) and Qualified Plans (Keoghs).This Guide shows actual cases of eleven deals from Real Property and Notes to Tax Lien Certificates and participations.The book provides a How to Get Started section, which explains how to open and account, fund the plan and what documents are required.The large reference section provides the legal background information for the book.Written from the perspective of an administrator and recordkeeper, this book provides the inside story of how self directed investments work in real time. ... Read more

Reviews (1)

You can set up an IRA to buy real estate rather than stock.
This is a very methodical, thorough step by step manual for investing your IRA or retirement funds in real estate. This book was very helpful to me for a number of reasons. A year ago or so I asked three different advisers at Fidelity Mutual Funds whether I could use my IRA money there to purchase and renovate a piece of real estate. They each said no. But this book says the answer should have been yes. That I can set up my own IRA, even a rollover IRA or Keough, and purchase and improve real estate with the money from the IRA. And the book is very methodical about how to do it, including forms and steps in the procedure. I would think the book would also be helpful to estate planners and lawyers who are helping people plan their estates. One thing I wish the authors would address is why should you put your retirement funds in real estate rather in the stock market or mutual funds. Are there tax advantages? Is the income sheltered? Is it easier (ie fewer estate taxes on heirs) to pass real estate on to heirs--is the value of real estate discounted somehow? I wish I had had this book when I was talking to Fidelity so I could have rolled over those IRA funds into this building I bought rather than borrowing money from a bank. ... Read more

Book Description

The financial-service industry wants you to believe that in order to avoid financial destitution, you need to put aside huge amounts of money that you -- let's say it together -- "should have begun saving years ago."

Not true, states Warner, the author of Get a Life. Although a sensible savings plan makes good horse sense, many other actions and decisions will determine whether you enjoy your retirement years.

Get a Life shows you how to beat the anxiety surrounding retirement, and to develop a plan to make your golden years the best of your life by:

* developing family relationships
* maintaining and creating friendships
* improving health
* keeping active
* developing a robust curiosity for the world
* realistically calculating how much money you need and how to secure it

Interviews with successful (and successfully) retired people illustrate how to put Warner's advice into action. ... Read more

Reviews (13)

One of the best all round books on planning for retirement
As a former Certified Financial Planner, I recommended this book to many of my clients who are seriously planning their retirements. Warner has done a great job putting things in the proper perspective with a book that is an "easy read". While adequate money is important to a satisfactory retirement (and helping clients build a satisfactory net worth was how I made my living), I do find, as has Warner, that there are more important things such as health, friends, and a purpose (i.e., reasons to get up in the morning) when it comes to planning out one's retirement. I frequently ask clients what they plan to do when they retire. When they say "go fishing" or "play golf", I then ask them what they plan to do the second week/month/year. And I keep asking the question until they realize that its a serious one. Warner takes it further with discussion and clear examples. In short, a must read for anyone approaching retirement.

Another valuable book from Nolo Press
Get a Life Stresses the importance of planning ahead.

It notes that older people who have happy marriages, plenty of friends and warm relationships with other members of their famlies live longer than older people who don't. So it tells how to improve family ties, make new friends to replace the ones who die and work at having a happy marriage.

It has a useful chapter about health and fitness which you should supplement with three other books: Fats that Heal, Fats that Kill, by Udo Erasmus; The Healing Nutrients Within, by Eric Braverman and any book by Barry Sears about his Zone Diet.

It tells how to avoid nursing homes or pay for them if you can't avoid them. It has tips about buying used cars and pre-paying mortgages.

Chapter 8 surveys where your retirement money will come from. It tells how to save enough for retirement, even if you think it's impossible. And it presents what it calls the savvy peasant's investment guide. Here it covers bank savings accounts, bank certificates of deposit, money market accounts, U.S. Treasury bills, U.S. Government bonds and notes, municipal bonds, corporate bonds, stock, stock mutual funds, variable annuities, immediate or fixed annuities, real estate and precious metals and exotic investments.

One of the best
I read someones comments, that there is "too much deperveration" in this book. I think they need to re-read it. The whole point is NOT to have too little, but to have what's right. This book confirms my long held belief that you can save "too much" and miss what's good for the now. On the other hand, chances are you will live a good while, so you cannot neglict that either. This book shows how to do both. The mindset of many people is just plain wrong, and this book, even if you don't agree with it, shows another way of thinking. Based on the retired people I know, it rings VERY true. Health, Friends, Family are first, the money part can be managed. You should read this book. It's very good.

Change your thinking about retirement!
As someone who will probably retire within the next dozen years, I was beginning to wonder whether the doom-sayers were right: I don't have a million bucks in savings or a fat stock portfolio, so was I being foolhardy in assuming that I'd have enough to live on comfortably in my old age? This book was tremendously reassuring. Some of the author's main points are: (1) The difference between a happy, fulfilling retirement and "waiting for the undertaker" is not money but quality of life -- family, friends, good health, and meaningful activities that give you a reason to get up in the morning. (2) It's possible to estimate fairly accurately how much money you'll need to live on after you retire, and in most cases it's nowhere near the "70% of your present income" that the doom-sayers insist that you need to maintain your present lifestyle. (3) The loudest doom-sayers are the ones who are trying to sell you retirement plans! The author tells readers how to access a free set of "retirement calculators" on the Nolo Press web site to assist them in financial planning, and that alone is worth the price of the book. But what really "made" the book for me was his many interviews with happily retired people from all sorts of backgrounds and economic levels -- just reading about them was a real upper. There are plenty of books on how to provide for your retirement financially, but this is the only one I know of that adequately addresses the REST of your life. Read it!!

Too much deprivation
If you never spend money you won't have to worry about running out of money before you die. But who really wants to live that way? Isn't there some happy medium between this book's do-without message and the other books trying to tell us how to save and invest? ... Read more

Book Description

America's money-savings expert shows readers how to get the most bang for their buck on food, shopping, restaurants, clothing, leisure activities, and more.

In his first national bestseller Get Clark Smart, Clark Howard showed you how to save money. Now in his new book, he wants to show you how to spend it wisely.

Clark Howard, the bestselling author of Get Clark Smart and host of the nationally syndicated radio program The Clark Howard Show, wants to show you how to get the best bang for your buck -- whether you are at the supermarket, buying new clothes, renovating your home, or going to the movies. Learn how to pay $12.95 for a CD that costs $19.95. Find out why a $90 VCR just may work better than a $300 VCR.

Chapters include smart-spending tips on: --Food: Save at the supermarket, and in restaurants, on fast-food, wine, and bottled water
--Events: Find bargains when buying gifts for weddings, births, or holidays
--Family and Children: Get great deals on back-to-school items and clothes for your children
--Necessities: Pay reasonable prices for clothing, shoes, eyeglasses, and cosmetics
--Leisure: Have fun and save money on movies, CDs, books, and tickets to sports events
--Emergencies: Learn how to avoid shelling out too much money on unforeseeable problems like plumbing, car trouble, etc.
--Home Improvements: Get the best price on painting, blinds, shutters, carpet, etc.
--Cars: Find great bargains on tires, oil changes, car washes, and more
--Appliances/Electronics: Save on TVs, digital cameras, camcorders, home theater systems, toasters, and refrigerators ... Read more

Reviews (5)

Mostly common sense. Why buy common sense?
I'm a big fan of Clark Howard and his other books and radio show. They contain oodles of great money saving info. Clark's radio show and books have saved me well over $900 this year with useful info I did not know about. However, this book was a letdown.

Most everything in this book was common knowledge or common sense. Example: Want cheap clothes, then buy them from a thrift store or discount store like TJ Maxx. Want cheap books, borrow them from the library, or buy them used on the internet. Too often the answer is buy used, or buy at a warehouse club.

I can't recommend this book unless you are a novice at saving money. You are better off saving your money and buying Clark's far superior book, "Get Clark Smart: The Ultimate Guide to Getting Rich in America", which despite its title is not a get rich quick book. That book has all sorts of useful and less known money saving ideas, and a lot of information on how to avoid getting ripped off.

not satisified
I have to agree with the other reviewer. I listen to clark Howard as often as I can so I was very disappointed by this book. If you listen to the show and consider yourself relatively frugal anyways, you probably will not learn anything from this book. A lot of it seems like common sense to me.

Very Very good Info!
I like Clarks show. This book is great. I didn't really think it was a good idea to take your bottled wine to a fancy restaurant to save $ but the rest was really really good!

Spend the least and get the most from it
Spend the least and get the most from it; from TVs and clothes to cosmetics and drug prescriptions, with an audio which tells how to locate bargains, whether they be on the web or in the store. From saving money on event tickets to buying a car, Clark's Big Book Of Bargains will prove a bargain hunter's dream ticket.

I love Clark, but this book is thin...
If you've heard Clark Howard's show more than 5 or 6 times, the information in this book is going to be very redundant for you.

I love Clark Howard - I honestly listen every chance I get. His syndicated talk show is one of the most empowering consumer programs on the radio today, second only to Bruce Williams. But I would recommend passing on this book, and perhaps read another of his books instead.

The topics and advice in this book are not very creative. The book is organized by subject heading: best deals on medicine, clothes, cars and car parts, furniture, etc. Roughly half of the book is simply a pitch for Costco (if Clark isn't getting royalties from Costco, he should be!). This is not an exaggeration - he goes on and on and on about how he found great prices for shoes, clothes, books, music, hardwood floors, food, etc., at Costcos.

There are several problems with this recommendation. First, I think these wholesale clubs are way too expensive! If you're looking for creative ways to save money, there are MUCH cheaper ways about it (i.e., the internet, garage sales, flea markets, salvage yards, etc.). In the past, he's talked about saving a dime per stick of deoderant at Costcos, when one can buy a box of 100 sticks of deoderant on eBay for about $10 (I know - I did it last week!). Second, places like Costco & Walmart's Sams Club are destructive to the environment and exploit third-world and domestic labor...and many people (myself included) cannot support organizations like these with a clear conscience. Third, this recommendation doesn't really get radical about saving or conserving.

Instead of shopping at cheaper stores, how about shopping less? Our little country consumes nearly 2/3 the world's resources - we don't need more stuff! Instead of buying a new "energy-efficient" fridge, how about fixing the old one? Or finding a radical alternative (like my inexpensive solar fridge) that requires no electicity at all? These big corporations exploit workers and consumers, then convince us there aren't any real alternatives to mainstream consumption habits. Unfortunately, Clark's book doesn't question this model at all. If you want one that does, try: "Your Money Or Your Life", "Voluntary Simplicity", & "The Solar Living Sourcebook", just to name a few.

There are a few useful tid-bits in the book - like his recommendation for buying tires online at tirerack.com - but it sucks up about 4 pages (nearly an entire chapter) to make this one recommendation! And to make it worse, each chapter has a lengthy summary at the end, which simply restates (in bullet format) exactly what was said in the previous pages. This is extremely repetitive - I got through the entire book in less than 30 minutes, and didn't learn much at all.

Sorry Clark! Keep up the good work on the radio. ... Read more

Book Description

MAKE THE AMERICAN DREAM A REALITY

It's the American dream-making so much money at an early age that you could decide when to retire, knowing full well that you have enough stashed away to ensure a life of comfort. In this new book, the fifth in the Rich Dad series, financial guru Robert Kiyosaki provides practical insight on how to put together a financial plan which will not only make you prosperous, but will also allow you to map out the freedom to choose your own retirement age. ... Read more

Reviews (107)

A "MUST READ" if you want to be wealthy.
Robert doesn't give you any "get rich quick" schemes, this is a straight forward, easy to read book about changing your mind set in order to obtain wealth. You cannot become a wealthy person without thinking like a wealthy person first. This book is very similar to "Rich Dad, Poor Dad" because it makes you question your core beliefs about money and how to obtain it and how to stop having a "loser" or "chicken little" mentatlity. A lot of books out there give you the details of what to do but do not discuss the personal psychology behind wealth-buiding. I was introduced to Robert's books almost 3 years ago by my father at the beginning of my college career and have taken all the steps necessary to ensure the fact that when I graduate in may of 2003, I will not have to type up any resumes, go to any job fairs, or interview for a future career with XYZ corp. of America because I started a business, heavily invest in real estate with my business partners, and continue to learn about wealth buidling tactics. If I can do this before I graduate from college, anyone can, you just have to change your mindset from a person who works for money to a person who lets money work for them.

Very relieving
What a relief it is to realize that I will never have to depend on social (in) security, a company pension, a 401 (k) (just glorified savings accounts or that whopping .50% return in a bank savings account or 1%-2% on cd's to retire on.

I feel sad when I see people who were planning on a great retirement and believing in some or all of the above, having to go back to work when reality set in.

Kiyosaki offers a better way. His Rich Dad taught him a better way and now Kiyosaki so kindly and humbly offers the advice to the rest of us.

Yes you can get rich quicker today
I have to agree with the review that precedes mine indicating that it is not possible to get rich easier than ever before. The speed at which people like Michael Dell and Steve Chase have become billionaires is incredible. But keep in mind that these two gentlemen made their fortunes over a decade ago...it's even easier today.

What I like about book like Retire Young Retire Rich is that it blows past self induced limitations about wealth or even the ability to retire. If you follow conventional methods, you'll be lucky to retire at all.

Retire Young Retire Rich is must reading for anyone who wants to create wealth early and quick enough to enjoy it. Some parts are similiar to his other books and other parts are completely new.

Interesting how many unhelpful votes that CPA who wrote a very nice review here is getting (presumably from 1 star reviewers) Isn't it funny how some people have nothing better to do with their but attack successful people like Robert Kiyosaki who so kindly and humbly want to help the rest of us, discredit the guy and when someone of note comes along, they blitz that person with so many unhelpful votes? If you ask me, I think their actions are driving more people towards Kiyosaki, not away. Book sales are increasing not decreasing. And more and more people are becoming more successful than ever before.

This is an excellent book for anyone who wants to get rich quicker in todays world.

Can you get rich quickly?
This installment in the Rich Dad series Retire Young Retire Rich is also subtitled How To Get Rich Quickly and Stay Rich Forever.

Kiyosaki tells us that it took Rockefeller 16 years to become a billionaire in his time. And it took Bill Gates 10 years to reach the billion dollar status. However it took Mike Dell and Steve Case only 5 years to become billionaires. It's easier than ever.

In Retire Young Retire Rich, Kiyosaki pounds to death the concept of leverage. One chapter I found interesting was the leverage of generosity. Kiyosaki discusses how his Rich Dad taught him reciprocity and service. He states an age old law "Give and you shall recieve." Kiyosaki says thath is rich dad taught him that if you want to be rich, you must first be willing to serve as many people as possible.

Aaccording to Kiyosaki, Rich Dad believed inthe law of reciprocity and in the idea of being generous was the best way to becoming very, very rich.

Kiyosaki also talks about networks and network marketing. He goes on to discuss the power of networks and the importance of leverage ratios and goes on to say that you can b ecome exceptionally wealthy in a short period of time by doing so and at a fraction of the cost.

I noticed that Retire Young Retire Rich is recommended here by a Nationally recognized CPA. I am glad that people of quality appreciate Rich Dad's and Robert Kiyosaki's work.

I'm with a company that does business around the world and the most successful people I know are exercising the concepts espoused by Kiyosaki and are becoming very wealthy as a result.
So can you.

Probably his best book
I read Rich Dad Poor Dad, CASHFLOW QUADRANT and RICH DAD's GUIDE TO INVESTING first and learned something new from each book. Retire Young Retire Rich is ideal for anyone who is sharp enough to realize the folly of betting on social (in) security, a company pension or a 401 (k) (should be called 101 (k) based on what they are worth after following your company's advice)

With the advice in Retire Young Retire Rich, we all can truly retire young and retire rich. ... Read more

Book Description

Your one-stop guide for all you need to know about the ins and outs of planning a successful retirement -- it's never too early to start. Indside the Retirement Bible you'll find:

• How to play the retirement savings game -- putting together and sticking to a retirement check list
• Tips on cutting through the clutter of financial advisors -- your best sources for finding them, the questions to ask them, matching their services with your needs
• The inside scoop on private money managers -- should you hire your own?
• 401K contribution strategies -- getting the 401K you deserve, escaping a potential 401K nightmare, and alternatives for your 401K when you leave a job
• Stock picking 101 -- how stocks measure up, value versus growth, mutual funds, and new alternatives
• Establishing trusts -- ten steps in creating a great trust
• and much, much more!

Reviews (15)

This book's a winner!
LYNN O'SHAUGHNESSY is a terrific wirter who has written a book that combines remarkable readability with comprehensive coverage of financial aspects of retirement. As in her prior book THE UNOFFICIAL GUIDE TO INVESTING and her most recent book THE INVESTING BIBLE, she puts her journalist's skills to good use having thoroughly researched this subject and written for a spectrum of readers ranging from those first approaching the subject to those already quite sophisticated.

While lots of others have written about calculating how much you need to have (or to save) for retiremeent and about stocks, bonds, and mutual funds, she covers these beautifully but also covers oft neglected topics: finding the right financial experts, investing and spending strategies during retirement, a nice introduction to estate planning and trusts, managing the family dynamics of inheritance, and the role of charitable giving in retirement income and estate planning. She has also included a thorough and well researched "resource guide" listing by topics the best of names, addresses, phone numbers, and website addresses for further help and study.

Just how good is this book? Good enough that we've given it as a present to good friends who also hope to one day retire comfortably.

This book is a winner!
I just love this book. Other books on retirement just seem so shallow. This one is truly comprehensive, and it is written in a way that I understand! The part that sold me was in the acknowledgements, when the author jokes that this book is big enough to be a lethal weapon. The Retirement Bible is the perfect resource for anybody who dreams about retiring someday, which should cover just about everybody. And Lynn O'Shaughnessy certainly has a way with words.

Lives Up to the High Standards of Its Namesake
Introduction. Aiming to be a one-stop source for all things retirement related, the Retirement Bible largely succeeds in accomplishing its goal. Presenting sound and authoritative advice in a well-organized package, the book is appropriate for anyone at any age who is interested in planning for that important yet often neglected milestone in life: retirement.

Traditional retirement plans. The book begins by covering the media-ignored pair consisting of Social Security and pension plans. Despite the chapter title of "Gambling on Social Security," the author takes an overall optimistic perspective on the matter, arguing that the system will still be around a century from now due to political forces. That being said, the recommendation is wisely made that the rising generation's "best strategy is to plan for less." On the subject of pensions, the author chastises the media for rarely mentioning the topic, even though almost half of private-sector workers still have them.

Finding expert advice. The book next presents--in rather excruciating detail--a full three chapters on locating and using financial experts of various kinds. While the information is essentially useful, I felt the subject could have been covered in a single, pithy chapter. However, the author presented a well-formulated case for taking advantage of the experts. For most services, the author's apparent bias is toward the CFP designation, and fee-only planners are recommended.

Common retirement vehicles. With a solid foundation to build upon, the retirement vehicles themselves are introduced, starting with 401(k)s. I particularly enjoyed the section titled "The Six Worst 401(k) Mistakes." It presented in no uncertain terms the landmines that can explode in one's face when dealing with this common retirement plan. Additionally, a great review was provided of the standards that a high quality 401(k) should meet.

When it came to IRAs, I felt the author assumed too much foreknowledge on the part of her readers. She talked a great deal about IRAs but never quite said what they are. Likewise, the explanation of IRA rollovers was given too early and was confusing. I also found the separate chapter solely devoted to inherited IRAs to be unnecessary, overly specialized, and ultimately fruitless.

Stocks and mutual funds. The Retirement Bible beautifully explains stock picking and its related jargon. It is mildly conservative and declares that market timing is a waste of time. In short, the advice is to "Buy and Hold and Hold and Hold." In one of the author's shining moments, she gives the best explanation I have ever read of how economic factors like interest rates and inflation affect the stock market. She further acknowledges that individual stock investing is not for everyone; nevertheless, thoughtful advice is provided on creating a balanced portfolio this way.

As one thus might guess, the author raves about mutual funds. In particular, she expounds upon the virtues of index funds many times throughout the book. Mutual funds and other investments with high expense ratios are her greatest enemy, it seems, and on their heels are unnecessary taxes.

Bonds. This area has always confused me, and the Retirement Bible was perfect on this point. It began at the ground level, stating that "a bond is an IOU." The book pointed out that guessing interest rate movements is essentially pointless and recommended laddering bonds. Rather than being content to leave bonds as the only fixed-income investment to choose from, the author also wisely discussed alternatives.

Withdrawal tactics. In a smart move, the author sets up realistic expectations for her readers in saying that many assumptions must be made in planning for cashing in one's retirement funds. Unfortunately, to mitigate the uncertainty of retirement planning she goes overboard in repeatedly extolling the virtues of Monte Carlo simulations at least three times throughout the book.

General comments. As alluded to above, the author's overall approach to investing is to be risk averse without being overly constrained. "Trying to outsmart the market is futile," she proclaims. While the subject is certainly debatable, I for one concur with her feelings. Likewise, I agree with the constant touting of index funds as the major core of a person's portfolio; I will follow this advice.

Despite the reality that the author does "take sides" in certain instances, one of the Retirement Bible's strongest points is its simple and unbiased approach. In fact, the constant barrage of "Advantages of..." and "Disadvantages of..." sections almost becomes a cliché as one nears the book's end.

As also mentioned earlier, the author sometimes assumes too much foreknowledge of her readers. In the chapter called "A Primer on Trusts," for example, the fundamental definition of the term trust is never provided. Additionally, some terminology is simply used in a confusing manner. The terms bond and fixed-income investment are frequently used as synonyms even after the author has just finished explaining how utilities, convertible securities, preferred stock, and REITs are types of fixed-income investments.

Another interesting quirk I noticed about the book is a slight but noticeable bias toward recommending certain companies over and over. Specifically, these were Vanguard, Fidelity, and T. Rowe Price. While the ostensible reason for this practice is that these institutions are low-cost leaders in their field, I still found myself getting the feeling at times that other companies out there had to be offering some useful services, as well.

Finally, the most major suggestion I would make to the author is to include a chapter that "ties things together," so to speak. At times, one feels as if stocks, funds, bonds, IRAs, 401(k)s, and the like are being discussed within a vacuum. I would have greatly enjoyed a chapter that brought the concepts together in a more meaningful manner than what is already provided.

Conclusion. Though not a perfect book, the Retirement Bible for the most part lives up to its name. It covers a wide range of subjects while presenting simple, easy-to-follow advice that likely fits well with the risk profile of the average investor. It is, therefore, a fitting bible for retirement planning.

O'Shaughnessy Bibles are Must-Haves
Lynn O'Shaughnessy has written two books, 'The Investing Bible' and 'The Retirement Bible,' that complement each other and provide the reader with all of the vital information necessary for making sound financial decisions. The books are written with such clarity and consistency that I have discarded five others on similar subjects because they could not compare with these. I've given copies of both books to my daughter who has joined a surgery practice and needs to become more financially astute. I hope the author will update these two superb texts periodically.

Re-Review of my original rating of this book
I may have erred in my previous commentary about exchange traded funds. They may, in fact, be "open-ended" funds, meaning that they trade at the net asset value at any instant in time during a trading day, rather than at at a premium or discount as closed end funds do. If I have erred, MEA CULPA! Since I have no proof that my original comment is valid, I've upped my rating on this "bible" to 5 stars. ... Read more

Book Description

A happy transition from work to retirement requires careful thought and planning. ... Read more

Reviews (1)

Some good common sense ideas
I have read the 1993 3rd edition several times. This is more than a financial planning book. It provides information on time management, wellness, and human support systems in planning for personal fulfillment in retirement. ... Read more

Book Description

Reviews (11)

Retire on Less Than You Think by Fred Brock
This work focuses your attention on the amount of money needed
during retirement-taking into consideration the
best places to retire and control of unnecessary expenditures.
Bellington, Washington, Iowa City and Sarasota, Florida are
cited as preferred retirement communities. Strategies to retire
slightly later can yield significant benefits in the size of
the monthly income resulting from social security. In some cases,
a delay of even 3-4 years in retirement can result in getting
a 50% increase in the monthly allotment. The author recommends
to simplify life in order to maximize the benefit from your
monthly income. This book is an excellent supplemental reference
for your retirement planning. As such, it is well worth the price.

New perspective on retirement!
This book is truly a new perspective than the one you hear from the fina