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advice planning retirement

Online advice planning retirement resources and information

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 : You've Earned It, Don't Lose It: Mistakes You Can't Afford to Make When You Retire
Author : Suze Orman
Rating : 5 Stars out of 5.
Summary : Very specific, useful info for BIG retirement decisions.

Orman provides very specific information and advice that you will not find unless you shell out big bucks to a financial advisor. For example, Orman tells you how to take money from your IRA before age 59 1/2 with NO PENALTY (substantially equal periodic payments), but adds VERY IMPORTANT advice on how to structure the portfolio to protect the nest egg. Another example of very specific, useful info includes the chapter on long-term care which gives instuctions on how to determine if you need LTC insurance, how much to buy, when to buy, what kind of company to buy from, etc.

The entire book is filled with this kind of specific info - a "must read" for the "do-it-your-self" personal financial manager.



Title : Reverse Mortgages for Beginners: A Consumer Guide to Every Homeowner's Retirement Nest Egg
Author : Ken Scholen
Rating : 5 Stars out of 5.
Summary : Excellent! Great intro to reverse mortgages.

Reverse mortgages allow senior citizens to continue living in their home, while generating a significant amount of cash for living expenses. Author Ken Scholen has put his considerable expertise on reverse mortgages into this basic guide. Whether you're thinking about a reverse mortgage for yourself or for a parent, learn about your options from this objective source, before you hear a banker's sales pitch.



Title : You've Earned It, Don't Lose It: Mistakes You Can't Afford to Make When You Retire: 6-copy Counter Display Pack
Author : Suze Orman
Rating : 4 Stars out of 5.
Summary : Must read for anyone concerned with his/her estate.

Superbly written. Easy to read. Explains, in simple terms, trusts, investments, estate taxes, and things you MUST know as long before you approach retirment. Lays out some things you can't afford not to do. Best $10-$15 you ever spent. Could return payment in thousands.



Title : Rich Dad's Retire Young, Retire Rich: How to Get Rich Quickly and Stay Rich Forever! (Rich Dad)
Author : Robert T. Kiyosaki
Rating : 5 Stars out of 5.
Summary : The best "Rich Dad" yet!

I would recommend every book in Robert Kiyosaki's "Rich Dad" series to anyone, but this book is the best yet! Kiyosaki's writing style has settled down, and he has organised his thoughts into a clear, logical book, that, at long last, carries clear guidance on many of the topics that he has addressed in previous books.
"More of the same"? well, yes, there is some repetition there, but since no author can expect every reader to read all his books in sequence there will always be a need to re-state the main principles. In any case, I don't see repetition of this kind as being anything but beneficial, as ultimately it helps to reinforce the message in my own mind.
This book talks a great deal about leverage; all kinds of leverage; ways to improve your ability to create personal wealth. This book will help you to realise that your dreams ARE achievable and help you to organise your mind to achieve those dreams.



Title : IRA's, 401(k)S Other Retirement Plans: Taking Your Money Out (IRA's, 401(k)S Other Retirement Plans: Taking Your Money Out)
Author : Twila Slesnick
Rating : 5 Stars out of 5.
Summary : Excellent even if you're not 59 1/2 years old

This is a great resource--clear, concise, easy to digest, well indexed, and written for the lay person. Knowing the rules for taking money out of your retirement accounts is important even if you're still putting money away--it allows you to make much better decisions about your investments.



Title : Get a Life: You Don't Need a Million to Retire Well (Get a Life: You Don't Need a Million to Retire Well)
Author : Ralph E. Warner
Rating : 4 Stars out of 5.
Summary : A common sense approach to planning for retirement.

This book should be required reading for people in their 30's and 40's. It emphasizes keeping active, having a wide variety of interests, and developing friends of all ages. It's a good antidote to all those financial planners who try to make you feel guilty about not having "X" millions of dollars invested so they can make commissions off your money. A good gift for middle age yuppies.



Title : Social Security Benefits Handbook (Social Security Benefits Handbook)
Author : Stanley A. Tomkiel
Rating : 4 Stars out of 5.
Summary : Updated review of this book

Mr. Tomkiel was kind enough to respond to my concerns regarding his text comments on SSI prorating. He indicated in his note that he had again researched the issue of SSI prorating. Although it appears he had the same difficulty obtaining an immediate, correct answer directly from SSA, he was able to confirm that his research on prorating is correct. I commend his efforts to not only understand my confusion after my own conversations with the SSI, but to research the issue himself, once again, with their representatives. Mr. Tomkiel is obviously well versed on this topic, and is an impressive example of an author committed to his topic and his readers. Thank you Mr. Tomkiel for your time, effort, and kind response. My initial review stands corrected.



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