» » The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work, and Living

Download The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work, and Living epub

by Mark Miller

A timely guide to overcoming the retirement challenges we all face

The Great Recession has placed a wake-up call to America's babyboomers. Many have not saved enough for retirement and have nottaken a hard look at how many post-work years they may need tofinance.

Written in a straightforward and accessible style, The HardTimes Guide to Retirement Security tackles the tough questionsabout retirement in the new post-crash economy. Page by page, itputs retirement in perspective by touching on important issues suchas insuring against the risk of outliving your assets,recalibrating damaged retirement portfolios, managing the risk ofhealth-care expenses in retirement, and career strategies forworkers who are 50 years old and up.

Reveals how to boost lifetime income through better planning,and working just a few additional yearsOffers advice on how to hire a financial advisor whose firstloyalty is to you, not Wall StreetDiscusses why you should rethink housing in the wake of thereal estate crashOffers detailed advice on career reinvention, the 50+ jobmarket and midlife entrepreneurship

Engaging and informative, this practical guide provides thestrategies needed for a truly fulfilling and secure retirement.

Download The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work, and Living epub
ISBN: 1576603628
ISBN13: 978-1576603628
Category: Business
Subcategory: Personal Finance
Author: Mark Miller
Language: English
Publisher: Bloomberg Press; 1 edition (June 15, 2010)
Pages: 240 pages
ePUB size: 1101 kb
FB2 size: 1683 kb
Rating: 4.5
Votes: 794
Other Formats: rtf mobi lrf docx

If you don't pay much attention to finances or saving for retirement, then this is a good book for providing good basic "no nonsense" information. For those who do know good financial management for themselves or who have been thinking about retirement and what it will look like, this is a good book for summarizing what you know in one place and providing references for further information.

It is also written very well. It doesn't talk down to the reader nor does the reader need a technical background to understand what the author is trying to say. On that score, very well done!

Where I was disappointed, however, was in the fact that I was expecting something more (and maybe that's just me). But the title "Hard Times Guide to Retirement" led me to think this book was going to have some really cutting edge and innovative ideas for baby boomers during this particular time in the nation's history. But in reality, the information isn't really slanted toward now as a recessionary period. This book wouldn't look much different than if we were in boom times right now and the book had been titled "Boom Times Guide to Retirement." From that perspective, I was disappointed because I didn't feel the book lived up to the slant given it by the title.

Also, the book is very light on advice. It is like a primer more than anything. It tells you what the situation is with different things like Social Security, annuities, etc. But it doesn't say much about individual type situations or as noted above about these being hard times.

Having said all of that, I'm glad that I bought the book. I've found it easy and interesting to read. And it does summarize everything in one place and provide additional references to look things up. And I did learn about "file and suspend" with Social Security benefits. That was something I didn't know and learning about was worth the price of the book itself.
I am nearing retirement age and have found the decisions I must make very overwhelming. I wish I had read this book at least 10 years ago. In retrospect, the advice I was given 10 years ago was poor. This book provides many suggestions about retirement strategies that will work in good times and bad. The book also gave me confidence all is not lost in terms of my having a reasonable retirement strategy in spite of the fact I am near retirement age.

The author gives a brief comment/analysis on many subjects and usually includes at least one possible solution. He also provides a list of resources for further investigation. While a more in-depth analysis would be most desirable, I have found the author's approach of benefit. I was able to cover a lot of ground quickly and then, using the resources listed, further investigate the topics of greatest concern to me. The organization of the material and the author's style made it an easy read.

I highly recommend this book to anyone who is investigating retirement. The references alone are worth the price of the book.
If you read just one book on retirement planning - let it be Mark Miller's THE HARD TIMES GUIDE TO RETIREMENT SECURITY. Whether you have questions about health care, taxes, real estate, 401ks, annuities, or finding a financial advisor... you'll get smart, no-nonsense responses here. That alone would make the book a gem, but those tactical and practical answers are sandwiched between thought-provoking chapters on how we ended up in this retirement roundabout & how out-of-the-box concepts like Encore Careers can get you back on the wide open road. Highly, highly recommend this book (and as a personal finance junkie - I don't say that lightly!)
I found some chapters interesting but many chapters not. Maybe it is my traditional view of retirement rather than figuring out how to work or become and entrepreneur after I retire.
If you want to work for the rest of your life, have no plans on receiving one penny from Social Security, and believe health care costs will spiral endlessly higher, than you have come to the right place. While I will not argue the validity of some of the author's claims, he paints a very bleak picture on the typical American's financial prospects. Mr. Miller is truly a prophet of doom! He hits you with page after page of statistics to back up his claims buts offers no viable solutions to these vital issues. A very depressing read that is very lacking in clarity, purpose, and detail. Check it out from your library first.
This book does provide some basic information but it does not give much discussion as to how to manage retirement money when one does not have a defined benefit plan. It gives some basic information but it misses as it does not cover a lot of issues with a defined contribution plan. It does address issues such as working longer than one thinks one might to avoid running out of money. Overall a good read for those a few years from retirement but it is not a comprehensive guide in this area such as books by Quinn and Orman are for money management overall.
Great book. Thanks.