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The Procrastinator's Guide to Financial Security How Anyone Over 40 Can Still Build a Strong Portfolio--and Retire Comfortably
David F. Teitelbaum, "The Procrastinator's Guide to Financial Security: How Anyone Over 40 Can Still Build a Strong Portfolio-and Retire Comfortably"English | 2001 | ISBN: 0814406211 | PDF | pages: 310 | 1.6 mb
For the burgeoning number of baby boomers, retirement is barreling full-steam ahead. And for many of them, having spent their lives focused more on consumption than on saving and investing, the future is looking pretty meager.
According to a recent study by the AARP, the average boomer's net worth is less than $50,000-far less than a person needs to retire comfortably. The good news, though, is that it's not too late to rectify the situation.
The Procrastinator's Guide to Financial Security supplies a crash course in the fundamentals of money management. In a clear, straightforward way-but with a tone that stresses the urgency of the situation-the book helps readers develop the knowledge, skills, and discipline they need to secure a comfortable retirement. They'll find sound advice and step-by-step strategies on how to:
* Curb their impulse spending and get out of debt
* Set up a financial plan and stick to their budget
* Estimate the annual income they need to retire and use IRAs and salary deferral programs to reach that goal
* Make savvy financial decisions concerning life insurance, refinancing a home, and saving for college tuition
* Develop a personal investment philosophy
* Practice smart investment strategies designed to increase wealth-plus much more.
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