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It would be great if we could all retire with a nice portfolio of savings and pension income, without having to worry about paying the bills most retired people pay.

Yet...many retirees are living out their retirement on the breadline without much hope for even going on holiday without being assisted by relatives or even handouts. Don't let yourself be one of them...it's never too late!




Title : Ageing Body, Confused Mind
Author : Pete May
Rating : 5 Stars out of 5.
Summary : Ageing Body, Confused Mind

This is the funniest book I have ever read. I was looking for practical help with growing older and this book demonstrated to me that ageing does not have to be a problem, depending on how you look at it. We should all grow old as Pete May suggests - laughing and being ourselves. Thank you for showing me an alternative.



Title : Sell Up and Sail: Taking the Ulysses Option (Sailmate S.)
Author : Bill Cooper
Rating : 2 Stars out of 5.
Summary : Cruising aboard a small liner

A good read, with a little helpful advice. However, I can't imagine anyone wanting to follow the Coopers example by cruising in a 25metre plus barge complete with bath, saloon fitted out like a gentleman's club and small car on the foredeck.

Bill has some amusing insights but does use this book to put forward his rather Victorian attitudes to 'Johnny Foreigner' and, his particular pet hate, 'Greens', which seems to cover anyone with even a passing interest in the conservation of the planet.
Some of the advice is poorly thought out, for example 'Avoid accidents needing blood transfusions'!



Title : The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich
Author : David Bach
Rating : 3 Stars out of 5.
Summary : Won't suit everyone but good for what it is...

The Automatic Millionaire outlines a method of becoming rich through a combination of scrimping and saving - despite its dynamic, exciting title, that really is all there is to it. The "automatic" part is no more than advising the reader to set up standing orders, direct debits or deductions from monthly wages, straight into a savings account (so you're not tempted to spend it). That's it.

The outlined strategy will work IF you start young enough. The examples given assume the aspiring millionaire is in their early 20s - plenty of time to make GBP1m through the power of compound interest - but too late for many people.

My main disappointment with the book is that the strategy outlined is for the long-run (40-50 years) so you'll be about 65 when you make that million. For anyone looking for a faster alternative, this isn't it. If you are (or know someone) who is 15-25 years old, I would recommend you get this book and follow its strategy (about savings in particular, not sure I agree with the pensions advice). Doing so will virtually guarantee financial security upon retirement. But if you want a strategy that delivers faster-returns, look elsewhere.

However, regardless of your age, the book outlines sensible (and widely-known) principles of personal money management so it's valuable for those who have no idea where to begin. But if you're already pretty savvy about "paying yourself first" and watching the pennies, you will get limited value from this book.



Title : Investing from Scratch: A Handbook for the Young Investor
Author : James Lowell
Rating : 4 Stars out of 5.
Summary : okay..

I liked it, and it was helpful, except it wasn't geared to COMPLETE beginers who have had zero experience to investing... I would have liked there to be a section telling you exactly what all the numbers (like in a wall st. journal) mean, and how they relate to a company... The glossary was very thin...



Title : One World, Ready or Not
Author : Wil Greider
Rating : 3 Stars out of 5.
Summary : Take two aspirins, don't call me in the morning


A man goes to his dermatologist to have an ugly mole removed from his neck. He returns one week later to have his stitch removed.

"The good news is, you won't have any scar," the doctor says. "The bad news is, you'll be dead in six months."

Though many people criticize Mr. Greider's conclusions, few -- even eminent scholars -- can say why. They admit most of his facts are correct (damning with faint praise) without saying which facts are wrong. They provide simplistic parables about the economics of hot dogs and buns without benefit either of logic or evidence. In short, most of Mr Greider's "critics" seem more culpable than Greider of the crimes against intellectual integrity of which they accuse him.

Let's simply stipulate that Mr. Greider is like Ralph Nader, a Cassandra. Let's stipulate further that he is histrionic even paranoic. Let's simply rest with "the facts".

What we have left is the picture of a global economy in ICU, surrounded (a) by technicians who are not monitoring high performance, but failing vital signs; (b) by FedEx boxes for shipping body parts.

Had the world not already experienced an economic death but 70 years ago, we might dismiss Greider's prognosis.

So, his facts are worrisome; but, not as troubling as his prescriptions. He doesn't think it inevitable that the patient has to die because the "government" can somehow "keep it going" with a different IV solution, tracts to bolster the spirits of the patient's next of kin, and specific instructions to other governmental and cultural caretakers.

He doesn't satisfy me that he understands that we are not simply in another industrial revolution, but a post-industrial evolution. Yes, the whole world is changing, as it has several time before in the last 100,000 years -- but what comes from that process will be far better -- and simpler -- than what is now becoming ruins.

So, Mr. Greider gets full credit for research, and no credit for insight. Therefore, a 5.

--John Grassi



1. The Pension Service - State Pension - Basic State Pension
Information on State Pension, formerly known as retirement pension, from The Pension Service, part of the Department for Work and Pensions, UK.

2. The Pension Service - Approaching Retirement - What is basic State Pension?
Information on state and private pensions for people approaching retirement from The Pension Service, part of the Department for Work and Pensions.

3. Understanding the basic State Pension : Directgov - Money, tax and benefits
Pensions and retirement. State Pension. Motoring. Travel and transport. Browse by people ... View the current State Pension ratesOpens new window ...

4. State Pension Easy UK Guide
The Basic State Retirement Pension for a single person is approx £3,150 pa. ... get a full basic state pension if you have paid full rate National Insurance ...

5. Retirement UK | state pensions | retirement benefits
The basic state pension will be paid in full if an individual has been credited ... state pensions. Best Annuity Rates to secure the highest income ...

6. STATE PENSION The State Pension was first introduced on 1 January 1909 ...
7.5% per year of deferred retirement on the basic rate. Glossary of terms. Age addition ... earnings-related benefit element of the state retirement pension; ...

7. Irish State Retirement Pensions, Pension, Contributory, Non ...
... Resource- Finfacts Mortgages Life Pensions Investment Centre - Irish State Retirement Pensions, Pension, Contributory, ... pro-rate pension for people ...

8. Pension - Wikipedia, the free encyclopedia
1.1 Retirement pension or superannuation plans. 1.2 State Pension and S2P ... rate of increase granted on accrued pensions, both before and after retirement. ...

9. Getting a State Pension forecast : Directgov - Money, tax and benefits
Find out about State Pension forecasts and how to get one ... Pensions and retirement. State Pension. Motoring. Travel and transport. Browse by people ...

10. Pensions
Information on state retirement pension, stakeholder pensions, ... The basic state retirement pension is a flat-rate pension paid to anyone who has ...

11. Selecting a Pension - Retirement Expert (UK)
... of pension schemes available and the rules and regulations of what pension schemes are ... Basic State Retirement Pension. This is a flat rate pension which is ...

12. Pension Basics and the Basic State Pension - Retirement And Pensions ...
... State Pension too much when you're making your retirement calculations ... Pension rates used to increase in line with wages (which typically increase at a ...

13. Union of Shop, Distributive and Allied Workers: Pensions subsite pages ...
State Pensions. Contact The Pensions Service. Retirement Pension. State Second Pension and SERPS ... The state pension would then be paid at its normal rate. ...

14. State Retirement Pension - Social Security Agency
Rates of State Retirement Pension. Effective from 7 April 2008. £90.70 Basic Pension ... A basic state pension at less than 25% of the full rate will not be payable. ...

15. Glossary UK | survivors pension, state pensions
In terms of the retirement age, the state retirement pension is paid to people ... it will be subject to tax at a rate of 40.0% and payable to the Inland Revenue ...

16. Arizona State Retirement System :: Frequently Asked Questions
... rate for members for the 2008-09 fiscal year is 9.45% (8.95% retirement plan, ... Your monthly pension at retirement is calculated by multiplying your total years ...

17. Can The State Pension Survive? - 14/11/2007
... survey, the UK has the worst state pension in the EU. What does the ... High-Rate Taxpayer. Inflation. ISA. Means Tested Benefits. Normal Retirement Date ...

18. State Pension - Impartial Pension Quotes and Advice
... on the State Pension - Pension Quotes & Advice - FREE Brochures for SIPP and Retirement Plan Providers ... Annuity Rates. Pension Advice. Childrens ...

19. Bridging Pensions
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20. Pension Credit
It can be paid on top of your state retirement pension. Am I entitled to Pension Credit? ... Attendance Allowance / DLA middle or higher rate care component. ...

21. Union of Shop, Distributive and Allied Workers: Pensions subsite pages ...
State Pensions. Contact The Pensions Service. Retirement Pension. State ... The standard rate of retirement pension for a man or woman with a full National ...

22. Welfare Rights on the Net
Non-contributory (based on residence) - full rate £54.35. Additional Pension ... a claim form for Retirement Pension 4 months before you reach state pension age. ...

23. Seniors Network - MWNIC
The reduced rate contributions were abolished for women who first started ... rights to the basic state retirement pension independent of any rights they ...

24. Pensions
The Basic State Retirement Pension is a flat-rate pension paid to anyone who has ... The basic state retirement pension will only be paid in full if you have paid, ...

25. Teachers' Pension and Annuity Fund Member Handbook
Purchase Rate Chart. LOANS. SUPPLEMENTING YOUR PENSION ... to receive retirement benefits from the out-of-state public pension fund. ...

26. Contents
This is the earnings-related benefit element of the state retirement pension; contributions are ... This is a flat rate pension paid for each of the 4 ...

27. Retirement
Your state pension is paid to you without tax being deducted from it but it ... Retirement. Pension rates. Stakeholders. Pension relief. Annuity relief ...

28. State Retirement and Pension System of Maryland
Maryland State Retirement and Pension System website ... Contributory rates. Comprehensive Annual Financial Reports. Employer forms. Employer FAQ's ...

29. Teachers' Pensions - Estimate of Retirement Benefits FAQs
Your State Retirement Pension Forecast Estimate Of Retirement Benefits ... full-time equivalent salary rate during the period of part time pensionable ...

30. Pension provision in the United Kingdom - Wikipedia, the free encyclopedia
1 State Pensions. 1.1 Basic State Pension (BSP) or State Retirement Pension (SRP) ... countries have their pensions frozen at the rate at which they are first paid. ...

31. YOUR RETIREMENT 2008/2009
State Basic Pension (including information on SERPS changes, ... state basic retirement pension rates are approved by Parliament every year, it is impossible ...

32. Going into hospital / Living Overseas / Deferring your pension - Help ...
Home > Advice & support > Financial advice > Pensions > State Retirement Pension ... the UK, your pension will stay frozen at the rate that existed when you ...

33. Retirement Planning - Pensions and Retirement Planning in Malta from ...
Have paid the proper rate of National Insurance contributions ... Use the Retirement Planner to see how much State Pension you can expect to ...

34. Canada Pension Plan (CPP)
Retirement Pension. Disability Benefits. Survivor Benefits (death, survivor & children's benefits) ... Canada Pension Plan Payment Rates. Payment Dates. Direct ...

35. Entitlement to a State Pension - Help the Aged
What is a State Pension and am I entitled to a State Retirement Pension? ... Benefit) or the middle or higher rate of Disability Living. Allowance for personal ...

36. Technical Pages: Member benefits: A secured pension: Scheme pension ...
... not be greater than the relevant state retirement pension rate' at that time. ... The relevant state retirement pension rate' at any time is ...

37. Fact Sheet #43
Public Employees' Retirement System - Teachers' Pension and Annuity Fund ... The member's full pension rate in effect on August 1, 2004 was 3% and on January ...



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