The topic of retirement becomes increasingly compelling as the U.S. population ages. It's easy to find books about how to plan financially for those years after careers end, but Breaking the Watch focuses on the many ways of creating a life, not just making a living, as a retired person.This book follows women and men from a rural American community as they approach and experience the first years of retirement. Joel Savishinsky focuses on the efforts people make to find meaning in a stage of life American culture often views in a confused or disdainful way.In conversations and stories, 13 men and 13 women demonstrate a deep commitment to defining their own retirement. They bring to their mature years a diversity of backgrounds, interests, and responsibilities. They include former teachers, librarians, doctors, farmers, lawyers, bankers, mail carriers, and secretaries. Some are married, others divorced or single; many have children and grandchildren, but some have neither. Their finances run the gamut from the modest to the munificent, while their health ranges from robust to disabled. From an examination of the "rites of passage" that marked their exit from full-time work, Breaking the Watch moves on to consider how to plan appropriately for retirement; renegotiate ties to friends, family, and community; and create a sense of passion--be it for t'ai chi, travel, painting, or politics--that will drive a new sense of purpose. These intimate glimpses into real lives allow a rare understanding of the retirement process.
Investors, shell-shocked by the "Great Recession" of 2008-2009, are looking for answers, for something fresher than the old 'buy-and-hold' mantra. They hunger for stability, yet yearn for growth to rejuvenate their battered portfolios.
Ray Lucia's The Buckets of Money Retirement Solution: The Ultimate Guide to Income for Life provides just that--a reassuring and scientifically proven strategy that gives investors both growth and income.
Lucia, a Certified Financial Planner who's helped thousands of people invest more than $2 billion, explains how to spend down 'safe' buckets (containing, for example, Treasuries, CDs, bonds), while leaving a riskier bucket (real estate, stocks and alternative investments) to grow long-term. This strategy shields investors from the short-term ups and downs of the market. And it gives them the courage and discipline to stay invested no matter what the future holds.
Written in a breezy, accessible style and loaded with tons of examples and clear, specific calculations, the book explains how to set your financial goals, divvy up your money accordingly, and then invest intelligently. With this book as your guide, readers will learn how to achieve both income and growth while at the same time reducing risk. "All in all," Lucia writes, "this plan is akin to a sports car that seats six, approximating the best of both worlds. In this case by being a conservative strategy that's also growth-oriented."
Almost every kind of investment--stocks, bonds, commodities, real estate--plunged in the past year or two, turning off millions of investors who'd been planning for and counting on a reasonably comfortable retirement. These retirees or near-retirees need solutions ... something fresher than the old 'buy-and-hold' mantra. Yet here's what they hear from the financial-services industry: Set up an asset-allocation model, then take a systematic withdrawal to support your retirement ... remembering, of course, to rebalance the accounts to remain in sync with the model. Wrong That maximizes the advisors' fees but doesn't protect the investors' assets during the tough times.
Success is what you make of it. Life is about preparing for challenges and adjusting to them along the way. As our priorities change, our views broaden and our dreams shift. Retirement planning is no different. In Building Wealth, Protecting Dreams, financial consultant Thomas A. Kalejta shares tools and techniques you can employ to safeguard your family as you grow your investments for the future. You'll learn how to: - set financial goals and priorities - manage risk appropriately - leverage tax laws to your advantage - use credit wisely - maximize your investments - and much more Whether your retirement dream is on a beach, volunteering for a charity, or continuing to work at what you enjoy, it can be well within reach. After a life of hard work, you've earned it and deserve as much.
Totally updated, the second edition of the Business and Retirement Guide to Belize is an easy-to-read guide to investing, owning property, and retiring in Belize. Bob Dhillon, a successful real-estate developer in Belize, introduces the reader to the country, its beauty, its friendly people, and its economic attractions.
A tropical paradise with beautiful beaches, accessible rain forest, and lost jungle cities, Belize also has a cost of living that makes it affordable for Canadians, Americans, and Europeans. Whether you are a retiree looking for a beautiful, safe, affordable home, or an investor or entrepreneur seeking an attractive business environment, Belize, with its relaxed investment rules and unbeatable lifestyle, has everything you could want.
Invest your money like a millionaire and get sound and secure returns.
Cash-Rich Retirement, as seen on the public television series Retirement Revolution, brings the investing strategies of the mega-rich to everyday people. It breaks with conventional advice that tells the public to invest mightily in stocks, flip holdings, and seek capital gains. Hogwash says private banker and investment advisor Jim Schlagheck. Forget speculative "gains" Invest instead for prudent income. Save. Build a "life-cycle" annuity package for lifetime retirement income. Focus on dividend-, interest-, and rent-producing investments and insurance.
Cash-Rich Retirement is provocative and practical. Schlagheck makes private-banking investment strategies available to any investor. His income and annuity strategies are unique. He also puts retirement within reach of today's average American with six straight-shooting, show-me-the-money steps:
- Change your "automatic pilot."
- Diversify your holdings in radically different ways.
- Build out your investment plan with funds and objective research.
- Get all the professional help you can.
- Build income streams with a ladder of annuities.
- Invest in long-term health care insurance.
A tragic accident in 2002 nearly took Doug Nelson's life. But he not only survived, he thrived. For Doug spent several years prior to the accident working towards, and achieving, financial freedom. In "Catch Fire: How to Ignite Your Own Economy," Doug Nelson provides the simple tools and the knowledge to teach YOU how to achieve financial freedom. Doug reveals how money works FOR and AGAINST you, while debunking numerous financial myths. His Financial Playbook provides both offensive and defensive strategies to help YOU ignite your own economy
If Financial Freedom is your goal, this is the book for you
A book for baby boomers and others not content to accept an unfulfilling future. The Caterpillar That Roared, a quick-read book in the tradition of Jonathan Livingston Seagull and Who Moved My Cheese? was co-authored with Joseph Sturniolo's fellow baby boomer, Dan Christopherson. Each chapter of the 13-chapter book illustrates the 13 lessons learned in Sturniolo's ROAR workshops - aimed at helping people discover or rediscover their gifts and passions so they can meaningfully employ them in the next stage of their lives. The workshops grew into an organization - ROAR - and a virtual community aimed at creating a revolution of alternatives to conventional retirement or unfulfilling occupations.
Here at last are the hard-to-find answers to the dizzying array of financial questions plaguing those who are age fifty and older.The financial world is more complex than ever, and people are struggling to make sense of it all. If you're like most people moving into the phase of life where protecting--as well as growing-- assets is paramount, you're faced with a number of financial puzzles. Maybe you're struggling to get your kids through college without drawing down your life's savings. Perhaps you sense your nest egg is at risk and want to move into safer investments. Maybe you're contemplating downsizing to a smaller home, but aren't sure of the financial implications. Possibly, medical expenses have become a bigger drain than you expected and you need help assessing options. Perhaps you'll shortly be eligible for social security but want to optimize when and how to take it. Whatever your specific financial issue, one thing is certain--your range of choices is vast. As the financial world becomes increasingly complex, what you need is deeply researched advice from professionals whose credentials are impeccable and who prize clarity and straightforwardness over financial mumbo-jumbo. Carrie Schwab-Pomerantz and the Schwab team have been helping clients tackle their toughest money issues for decades. Through Carrie's popular "Ask Carrie" columns, her leadership of the Charles Schwab Foundation, and her work across party lines through two White House administrations and with the President's Advisory Council on Financial Capability, she has become one of America's most trusted sources for financial advice. Here, Carrie will not only answer all the questions that keep you up at night, she'll provide answers to many questions you haven't considered but should.
This thoroughly revised guide provides retirees detailed information about settling or vacationing in the Sunshine State, from real estate and health care to cultural opportunities and cost of living.
As seen in Woman's Day, US News & World Report, and Money MagazineUncover the truth about planning for retirement From financial advisors and pundits on television to colleagues and family members, everyone has something to say about retirement. But how much of it is true? Whether you're looking to move into a senior living community or travel the world, Choose Your Retirement shows you how to realistically prepare for the future you desire. Inside, you will find expert advice for choosing the best retirement path for you and your family as well as information on common myths like:
- You will only need 80 percent of your current income in retirement
- Medicare will cover all your health-care needs
- Switching investments over to bonds is the safest retirement option
- Social Security will run out in 2033, leaving millions without their promised benefits