Download The Retirement Pitfall: Retirement Mistakes the Government Never Told You about, by Simon Chu
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The Retirement Pitfall: Retirement Mistakes the Government Never Told You about, by Simon Chu
Download The Retirement Pitfall: Retirement Mistakes the Government Never Told You about, by Simon Chu
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How to Have a Happy Retirement...Five things you should know when planning your golden years. 1. Do you know that when you retire, your paychecks may stop, but your expenses don't? How do you resolve that? 2. Do you know what control your employer has over your qualified savings plan? Learn how to retain control of your money. 3. Do you want to risk your money in the stock market? There are ways to protect your nest egg. 4. Do you know after a few years in a nursing home your assets could be wiped out? Learn strategies to keep them for your loved ones. 5. Do you know how to control your money when you are incapacitated? Find out how to pass your money on to your heirs. Many books have been written about how to properly plan for retirement, but they always assume that the retirement planning began when you are young. This book is for people who are approaching retirement or are in retirement that gives them the tools to help them reach success regardless of their financial history. It's never too late to plan for retirement. Even if you are older and don't have a plan, there are ways to catch up. From avoiding common mistakes and controlling your spending, to financial planning and constructing your estate, Simon teaches you to build a retirement plan designed to weather any storm.
- Sales Rank: #3126048 in Books
- Brand: Brand: Outskirts Press
- Published on: 2013-04-09
- Original language: English
- Number of items: 1
- Dimensions: 9.02" h x .48" w x 5.98" l, .70 pounds
- Binding: Paperback
- 212 pages
- Used Book in Good Condition
Most helpful customer reviews
0 of 1 people found the following review helpful.
Written from a senior's perspective
By JJJ
Interesting read. Much better as a supplemental book than something that completely guides you when trying to plan your retirement. Keep in mind that this book is targeted towards seniors 55 and above. I am a 20 years old and studying towards a finance undergraduate degree. As I was reading this, I became very disagreeable with some of his statements. However, it more sense as I thought from a senior's perspective. For example, under topics such as inflation which he deems completely horrible, I automatically thought he was mistaken because inflation is necessary for an economy to grow. However, that is the thinking of a 20 year old. For seniors, inflation is never good. As purchasing power decrease, the payments from social security will remain the same at best. Therefore, for seniors, they would rather see deflation than inflation.
0 of 1 people found the following review helpful.
Readable Book
By N Gonzalez
After the 2008 financial crisis, as seniors we are wary of the financial markets. Fear comes from lack of understanding of the unknown, However, with this book I am able to gain more understanding of the dos and don'ts of retirement investments. This book targets those of us who are scared to re-enter the market, especially those of us who suffered significant loses during the recent crisis. I believe that the analysis in this book could keep people from making some very expensive mistakes.
0 of 1 people found the following review helpful.
Great Book!
By Lucy
Chu's book explains the common misconceptions of retirement planning in a language that anyone can understand. He is able to go into detail about well known investment topics and then breaks them down for perspectives that are not so intuitive.
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