retirement REVIEW |
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advice planning retirement |
home nantwich retirementIt 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.
This is a very useful addition to the Rich Dad's series mainly because it helps screw in concepts from the first book Rich Dad Poor Dad, the second one The Cash Flow Quadrant and the third one Guide to Investing. I see each one as a lecture. And there is a constant build up helping to shape and focus the mind of newbies in the world of professional investment.
John Wasik knows better as a senior editor with Consumer's Digest magazine. We are each and all imperfect against the mandated forumlas and ponderous pundits. In this book he tackles the subject for the gain of the arrives or is about to arrive at retirement age having started saving too late which, I trust, includes most of us. The author/expert allays our fears and then provides the most practical analyses and recommended steps I've read anywhere. And,he writes not in complex formulas but in a straightforward and easily-understandable way. From his recommendations, I've been able to accelerate my own retirement finance program. I have bought the books for others, each who has told me that they have gained by it. A remarkable book.
There's also lots of info on the current commercial property sipps and all the other important pension changes that come into effect in 2006. The author's has a good writing style and uses loads of examples throughout. If you're into property investment or using property as an alternative to a traditional pension you'll find it a worthwhile read.
Definitely the most interesting part of the book is where the author shows how someone investing inside a pension could end up with 140% more income than someone investing outside a pension.
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