Save Your Retirement: What to Do If You Haven’t Saved Enough or If Your Investments Were Devastated by the Market Meltdown

Book description

Real Solutions for Saving Your Retirement…

No Matter Where You Stand Right Now!

Step-by-step plans you can use if you’re planning to retire in…

5 years | 10 years | 15 years | over 20 years | or tomorrow!

“The market meltdown has all of us worrying about whether we will ever be able to retire. Worrying doesn’t help you. Planning does. Save Your Retirement by Frank Armstrong, III and Paul B. Brown can–and should–serve as your battle plan.”

–John A. Byrne, Executive Editor, BusinessWeek

“Convinced the sinking economy has dragged your retirement plans down with it? Save Your Retirement shows there’s still treasure inside that wreckage– and provides a map to help you find it.”

–Josh Hyatt, Money Magazine

“Whether you’re just beginning a career or you’re five years from retiring, the authors show you how to take a realistic look at your current financial status and your retirement goals. With a refreshingly positive approach, they give all of us, no matter our life stage, a blueprint for successful retirement.”

–Professor Larry Meiller, Talk Show Host, Wisconsin Public Radio

“Frank Armstrong, III and Paul B. Brown heal your retirement anxiety and show you exactly how to achieve financial security for the golden years. You’ll actually be excited to save!”

–Farnoosh Torabi, Author of You’re So Money: Live Rich Even When You’re Not

Terrified about retirement? Stop losing sleep, and take action! This book gives you specific, step-by-step plans you can use to save your retirement. Forget “one-size-fits-all” solutions that don’t fit your life. Here are personal plans focused on your unique situation–whether you’re 5, 10, 15, or 20-plus years away from retirement or are scheduled to retire now. (There’s even a detailed plan for people who’ve already retired and want to make sure their money lasts!) No matter what the market meltdown did to your portfolio or how little you’ve saved, you can save your retirement–if you start now. Get this book, and get started!

All the help you need to save your retirement:

  • Where to move your savings

  • How to recalculate what you’ll really need to retire

  • How to assess when you can now afford to retire

  • How to change your approach to investing

  • How to use the federal tax system to save more

  • What to expect from Social Security now

  • Part I: Let’s Take a Deep Breath and Get Our Bearings     1

    Chapter 1: There’s Hope     3

    Chapter 2: You Are Not Alone: Just About Everyone Is Unprepared to Retire the Way They Want     11

    Chapter 3: Maybe You Don’t Want to Retire     23

    Chapter 4: Before You Begin Your Rescue Efforts: Things to Do to Make Sure You Don’t Make the Situation Worse     29

    Part II: Working with the Scenario That Is Right for You     63

    Chapter 5: R(etirement) Minus 20 (or More)     71    

    Chapter 6: R—15     79

    Chapter 7: R—10     95

    Chapter 8: R—5     107

    Chapter 9: R=0     117

    Chapter 10: R+     123

    Part III:  (Dramatically) New Thinking     127

    Chapter 11: Maybe You Want to Retire Later     129

    Chapter 12: Don’t Touch Up the X-Rays     133

    Chapter 13: Dealing with Risk     141

    Chapter 14: Where Does Social Security Fit In?     151

    Chapter 15: What to Do the Moment You Stop Reading     161

    Chapter 16: Final Thoughts     167

    Part IV:  Appendices     173

    Appendix A: Where Does the Money Go?     175

    Appendix B: Getting to What’s Next     183

    Appendix C: Useful Links and Resources for Retirees     191

    Appendix D: Suggested Asset Allocation Models     195

    Index     199

    Product information

    • Title: Save Your Retirement: What to Do If You Haven’t Saved Enough or If Your Investments Were Devastated by the Market Meltdown
    • Author(s): Frank Armstrong, Paul B. Brown
    • Release date: May 2009
    • Publisher(s): Pearson
    • ISBN: 9780137032921