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 investmentstrategies designed to increase wealth--plus much more. Это и многое другое вы найдете в книге The Procrastinator's Guide to Financial Security: How Anyone Over 40 Can Still Build a Strong Portfolio--and Retire Comfortably (David F. Teitelbaum)