Jim Olson

4.5

*Book source ~ Many thanks to Motivational Press for providing a review copy in exchange for an honest review.

A fairly comprehensive over-all guide on retirement. With laws changing all the time this book is more of a general consideration when it comes to what age to retire and so forth, but has excellent ideas and advice for what to do before and after retirement.

My husband and I are in our mid-40s and have been discussing the various aspects of his retirement (I’m a SAHM) these last few years. Even though he’s still a decade away (or more) it pays to start getting our ducks in a row. While he’s had a 401(k) for years and will have a small pension when he retires, I was happy to see information about things such as IRAs and social security as well.

Another great thing about this book is there are many ideas of what to do after retirement. Sure, most people (us included) probably think of retirement as an extended vacation, but do you know that your ‘extended vacation’ could last 30 years? It’s possible (my grandfather’s retirement was 30+ years) especially if you keep yourself in decent shape. So, a 30 year ‘vacation’ not only has to be funded, but there has to be sufficient things to keep a person occupied for that time. So, hobbies can be delved into and even used to generate post-retirement income. Travel is another option, too. This book focused a bit too much on traveling by RV, but that is something many retirees do as well as play golf, another subject that had a bit too much attention. My husband & I aren’t interested in either of those, but there are many other options discussed, too. Ones I never even thought of, so I’m happy I read this book.

The writing is an easy to read format and the only thing that is a tad confusing is the many taxes that have to be considered and investment options, but that stuff confuses me on a daily basis anyway. I recommend this book as a stepping stone for retirement planning as it had excellent advice.… (plus d'informations)