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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 : One World, Ready or Not
Author : Wil Greider
Rating : 5 Stars out of 5.
Summary : Excellent clarity for economist and layman alike

How refreshing it is that in a nation with a plethora of spin doctors we find a person who writes succinctly and without hyperebola about our current economic and political reality. While he does not give us any clear direction about what to do about unfettered global capitalism, he does give us access to information generally hidden by the media moguls about what has been happening in a seemingly irrational world. He does give us anecdotes to deregulation; but, I agree that they have little probability of happening.



Title : You've Earned It, Don't Lose It: Mistakes You Can't Afford to Make When You Retire
Author : Suze Orman
Rating : 1 Stars out of 5.
Summary : The math is wrong

The time value of money analysis in this book does not take into account that money has time value and thus the results of the studies Orman presents are biased in the wrong direction. Also the rate of inflation of 5% is too high based on current and past values. This also biases the results. It is funny to see the results of her long term care insurance policy analysis. According to Orman, the insured pays in $1,255 each year for 30 years and alternately if they had not taked the policy get no credit for the compound growth rate this money would earn had not they taken the policy. It makes a huge different that was not considered Also there is a chart that shows a comparison of 5% simple and compound interest on an inflation rider. Certainly, inflation is not a simple interest growth rate. The data of Orman's table make no sense whatsoever and certainly have no bearing on the long term care policy decision.



Title : How to Retire Rich: Time-Tested Strategies to Beat the Market and Retire in Style
Author : James P. O'Shaughnessy
Rating : 5 Stars out of 5.
Summary : Illuminating!!!

A must read for anyone who cares about their financial future. The cloud of confusion that shrouds Wall Street has been blown away. Finally, a simple, easy to understand investment guide that gives actionable advice. Forget about the 5,000 mutual funds that consistently underperform the market. Forget about this year's genius or this year's hot fund. Follow a discipline and stick to it through thick or thin. Thanks, O'Shaughnessy. This book summarizes everything I've learned about investing over the years, but, of course, not yet acted upon. That will change. ----Three things to count in life: death, taxes, and dismal stock market returns without an invesment strategy!----



Title : How to Retire Rich
Author : James O'Shaughnessey
Rating : 2 Stars out of 5.
Summary : Reasonable runaways - Best way to lose big monies!

Mr. O'Shaughnessy outlines several of his investment strategies and in particular his "reasonable runaways". If you look at his numbers AND factor in costs of establishing a similar group of stocks (something he neglects to do)the SP 500 is the clear winner.

A VERY IMPORTANT piece of investing advice that Mr. O'Shaughnessy advises against is the use of stop-limit orders in his portfolios. By neglecting to use this very important investment tool, you open yourself up to huge losses in the very questionable turnaround stocks that have just been run up in price. Most of these WILL go down and many they will go down big and not recover. Take the advise of someone that has been watching (and burned very badly) by taking his advice and not using stop-limit prices, USE THEM IF YOU EMPLOY THIS VERY RISKY STRATEGIE!!!

If you look at ANY of his mutual funds, you will clearly see that the performance of all of his funds badly trails the SP 500. His expense ratios are also out of line to the high side, something that he warns against in this book.

The three pieces of advice that are of any value in the entire book are to establish a plan, stick to it, and, if 87% (or so) of mutual funds (including his) do not match the performance of the SP 500, why are you investing in anything other than the SP 500?

Good luck to all!!!



Title : You've Earned It, Don't Lose It: Mistakes You Can't Afford to Make When You Retire
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 : 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.



1. Retirement benefits by year of birth
You can retire at any time between age 62 and full retirement age. ... reduced a fraction of a percent for each month before your full retirement age. ...

2. Heyday takes Government to court over mandatory retirement age ...
... organisation" is taking the Government to court over the future of Mandatory Retirement Ages (MRA) ... If a compulsory retirement age is abolished" UK ...

3. Government Refuses to Raise Retirement Age Despite... | Article
25-OCT-04 - The government is sticking to its guns over the state pension age, despite recommendations from the Pensions Commission and businesses... | Free With Signup

4. TAEN Age regulations
Government views. 7 : Retirement. The Age Regulations have created a new ... Government have a pension age of 60 but a. retirement age of 65; they can go on ...

5. 13-FEB-06 | Government at Odds Over Increase in Retirement Age
Price: $4.95 | The government's plan to increase the state pension age from 2020 will be scuppered by chancellor Gordon Brown, warned the Conservatives. Work and...

6. Retirement Eligibility
Leaving the Government. Pre-Retirement. Retire in Five Years. Retire in One Year ... chart to figure your Minimum Retirement Age. If you were born. Your MRA ...

7. DWP - Services and benefits - Pensions and Retirement
Information about DWP services and benefits for pensioners and people thinking about pensions ... The Government is working to change attitudes towards age. ...

8. Retirement age
... the government to do is to introduce a compulsory retirement age when European ... If the government does abolish the default retirement age, it must enable ...

9. BBC NEWS | Business | Average male retirement age rises
The average age at which men retire continues to rise and has ... of the government's plans to raise the state retirement age steadily in the next few decades. ...

10. Heyday legal challenge against Government goes to Europe (06.12.06 ...
Judge refers Heyday legal case against Government over Mandatory Retirement Ages to the European Court of Justice. ... Government over Mandatory Retirement ...

11. Retirement age 'to rise'
Small business finance advice and business opportunities. Find information ... recommend the government use some combination of increasing the retirement age, ...

12. Retirement age and the Heyday case
Ditch the Retirement Age Personnel Today is supporting a campaign by the Employers Forum on Age (EFA) to force the government to commit to remove

13. Retirement - Wikipedia, the free encyclopedia
User-created article on retirement that describes what it is, the retirement age, support and funds, as well as life after retirement. Includes some related links.

14. Will the Retirement Age be Scrapped - Retirement Expert (UK)
... retirement age and the main reasons behind that in addition to the legislation on age discrimination ... Government, the advantages of people wanting to ...

15. Age Retirement
Skip the Northern Ireland Government Bar| Northern Ireland Government > Departments ... (NI) Home > Leaving > Age Retirement. Information for current members ...

16. Call to set up timetable to scrap statutory retirement age
... formal timetable for the removal of the mandatory retirement age have come after a national survey found workers ... on the government to scrap its plans to ...

17. Retirement
The retirement age fluctuations in. the 1990s may reflect government. cutbacks and corporate down ... The age of retirement has been stable in recent years. ...

18. Sixth Pay Commission for Babus': No increase in Retirement Age - Government
Website about Sixth Pay Commission setup by Central Government in India. ... sections of the media regarding raising the retirement age of Central Government ...

19. Compulsory Retirement Age Contradicts Pension Needs
Age Concern has highlighted what it believes to be a contradiction between the UK's mandatory retirement age and the ... hand the government is saying that ...

20. Guardian | Big step backwards on retirement age
Despite the government's commitment "to tackle unjustified age discrimination in ... to set their own retirement ages, the government is effectively using the EU ...

21. Advisor Expects Retirement Age to Rise
Britons might have to keep working until they are 70 in the future, according ... 2055 the government of the day were not taking the retirement age higher and ...

22. Retirement policy : the next fifty years [WorldCat.org]
Royal Institute of International Affairs.;] -- Related Subjects: [Old age pensions Government ... Retirement age -- Government policy -- Great Britain ...

23. Government's proposals on retirement ages - 14th December 2004
The Government has published its plans for dealing with retirement ages under ... Government Retirement Age Press Release Tuesday 14 December 2004 ...

24. Vip News : Government relents on retirement age, averts strike
The British government agreed not to go ahead with its plans to raise the retirement age of its civil servants and workers in the public sector, paving way for a ...

25. Age 2006 - Are You Ready? - Home
Age 2006 - Everything you need to know about the Employment Equality (Age) ... condemns Open University retirement age ... 07 Government Departments ...

26. Delayed retirement credits
... benefits until after your full retirement age increases your benefit amount. ... you delay benefits past your full retirement age, your year of birth and the ...

27. seniors.gov.au - Retirement ages
... until qualifying for the Age Pension before retiring. ... Government Contacts. Events Calendar. SnapShots. Awards. Need some Help? Contact Us. Privacy Policy ...

28. Retirement questions answered - USATODAY.com
... of our week-long series on Turning 62: The retirement boom begins, USA TODAY invited readers to submit questions about ... sector until age 62 after retiring ...

29. LCQ4: Retirement age
In this connection, will the Government inform this Council: ... (a)-(c) There is currently no mandatory retirement age in Hong Kong. ...

30. Government Clarifies : No change in retirement age
At present the retirement age for the Central Government employees is 60. ... One Response to "Government Clarifies : No change in retirement age" saqquaf Says: ...

31. CSRS and FERS Retirement Eligibility and Available Options.
... age and service requirements, you are entitled to an immediate retirement benefit: ... There are two retirement plans in the federal government. ...

32. Removing retirement age 'would damage British business'
Removing retirement age 'would damage British business' ... Government stamps on idea that graduates should work to 70. Mandatory retirement opposed worldwide ...

33. No increase in retirement age of Kerala government employees
Thiruvananthapuram, July 22 (IANS) Kerala Home Minister Kodiyeri Balakrishnan Tuesday said there would be no increase in retirement age of state government ...

34. Increasing super age 'needs to be debated' - 19 Dec 2007 - Retirement ...
Suggestions by the Retirement Commissioner to the Government to consider raising the pension age have been welcomed by industry experts despite a quick rejection by ...

35. Social Security (United States) - Wikipedia, the free encyclopedia
Provides information on Social Security in the United States, its retirement and disability programmes and benefits. Website offers details of Social Security ...

36. Government urged to raise retirement age
The government should increase mandatory retirement ages and implement Lord ... Government urged to raise retirement age. Friday, 19 May 2006 08:35 ...

37. CIPD - Flexible retirement and pension provision
... Government's vision for encouraging older workers to work beyond retirement age ... Why should the Government remove the default retirement age? ...

38. Extended retirement age worries AIIMS doctors : iGovernment
... retirement age that much but there are a number of holes in the government ... the retirement age of teaching doctors at central government-run medical ...

39. Understanding the basic State Pension : Directgov - Money, tax and benefits
Government, citizens and rights. Health and well-being. Home and community ... Changes to the State Pension age ... Money in retirement ...

40. No rise to pension age - Cullen - 18 Dec 2007 - NZ Herald: New Zealand ...
The Government will not raise the pension age, Finance Minister Michael Cullen said today in response to suggestions from the Retirement Commissioner. In a wide ...



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