Everybody wants to know what it will take to retire. Who Said You Need Millions? gives you the answers you’ll need. Not just another unrealistic get-rich-quick retirement guide, this comprehensive book shows you how to plan and execute a sensible retirement strategy. Who Said You Need Millions? provides refreshing and practical retirement advice from someone who’s successfully done it. Geared to people who may not have much experience with financial and retirement planning matters, this highly readable book teaches you how to build your retirement nest egg, how to calculate your “number,” and how to find out what you can expect from Social Security. The book explores other topics critical to preparing for and implementing your retirement plan, such as living on less, where to get health insurance before age 65, how to tap into your 401(k) plan or IRA before age 59½, and what to do if your retirement plans go wrong. Filled with relevant examples, in-depth analysis, Who Said You Need Millions? is the only book you’ll need to start on the path to a winning retirement.
You know you need a personal financial plan for your retirement. You just haven’t gotten around to it yet. Developing a plan sounds complicated, but it’s not as difficult as you might think. Retirement planning is about more than saving as much money as you can. It’s about using the resources that you have wisely. Retirement is not a one-size-fits-all proposition. There are as many retirement lifestyles as there are retirees.
Within the pages of this book, you’ll find what you need to get you started on your road to a successful retirement. We’ll start the journey by looking at what retirement is and whether it’s really for you. The reality of retirement may be different than you imagined. Then we’ll consider some financial topics like achieving financial independence, basic investing, living on less, and determining how much you might need.
Next, the book explores the resources you can tap for your retirement like Social Security, pensions, home equity, and savings plans like 401(k) and 403(b) plans and IRAs. After that, we’ll examine some topics that you’ll need to know about when you’re actually living in retirement, such as getting health care insurance, minimizing your taxes, and disaster recovery options in the event your retirement plan doesn’t go as intended.
Finally, we’ll walk you through an exercise in developing a personal plan. At the end of the book there’s a bibliography of resources you can turn to for more information.