Synopses & Reviews
What does retirement mean to you? Will your retirement be a comfortable and enjoyable new stage of adulthood, or a time of uncertainty, strict economizing, and reduced options? As retirement planning guru Bambi Holzer explains, the choice is yoursbut the time to act is now, while youre still earning a steady income. Written by a baby boomer for baby boomers, Retire Rich addresses the unique concerns of the generation that will not have all the safety nets of the past. This realistic, down-to-earth book spells out the steps you can take right now to secure the retirement you want, rather than one you might get stuck with. Retire Rich gives you the information you need wherever you are in your current investment planning. If youre starting late, you still can make up for lost time by taking advantage of tax-sheltered retirement programs and by careful monitoring of your investment assets. If youre off to an early start, youll find the necessary motivation to keep setting aside money to increase your investment options and achieve true financial security much sooner than you may have thought possible. In clear, nontechnical terms, Retire Rich takes the fear and mystery out of planning, saving, and investing for the future. Step by step, it helps you overcome inertia and guides you through the process of building a secure retirement. You will learn how to:
- Realistically visualize how you want to live after youve retired
- Accurately estimatein dollars and centsyour retirement expenses and income needs
- Determine how much you need to save to meet your goals
- Make the most of retirement plans and customize a plan that is right for you, using IRAs, 401(k)s, Keoghs, tax-deferred annuities, and company-sponsored plans
- Invest for retirementmanage asset allocation and master the fundamentals of stocks, bonds, Treasury bills, mutual funds, and more
- Monitor your assets to keep your retirement plan on track
Enhanced by helpful charts, tables, and worksheets, Retire Rich offers you a golden opportunity to secure your financial future and enjoy the peace of mind that comes with taking charge of this very important part of your life.
Synopsis
WHAT DOES RETIREMENT MEAN TO YOU?
Will your retirement be a comfortable and enjoyable new stage of adulthood or a time of uncertainty, strict economizing, and reduced options? As retirement planning guru Bambi Holzer explains, the choice is yours?but the time to act is now, while you?re still earning a steady income. Written by a baby boomer for baby boomers, in clear, nontechnical language, Retire Rich takes the fear and mystery out of planning, saving, and investing for the future, whether you?re just getting started or well along in your retirement planning. Enhanced by helpful charts, tables, and worksheets, Retire Rich offers you a golden opportunity to secure your financial future and enjoy the peace of mind that comes with taking charge of this very important part of your life.
"With Bambi?s help and advice, a person can truly plan successfully for a secure retirement. Every baby boomer will benefit from reading this book." ?Donald A. Connelly, Senior Vice President, Putnam Investments
"Entrepreneurs lose sleep worrying about managing their money every night. Bambi Holzer?s readable book provides clear, in-depth strategies for managing your personal funds, pensions, and investments." ?Jane Applegate, author of 201 Great Ideas for Your Small Business
"If you?re starting to think about investing for retirement, follow this clear, easy-to-understand road map to financial survival. Don?t invest without reading Bambi Holzer?s book first." ?David Horowitz, Consumer Advocate, Fight Back! Productions
"An accurate and practical resource, easily understandable by nontechnical readers?boomer or not." ?Dennis Duitch, Senior Partner, DPS & Company, LLP
A money book club selection
Synopsis
Die Altersvorsorge betrifft einen sehr wichtigen privaten Finanzbereich. Hierzu gibt es eine Flut von verwirrenden Fragen, wie z.B.: Wie plane ich? Wieviel spare ich? Welche Anlagem glichkeiten sind die besten? Wie nutze ich Unternehmensleistungen? In diesem Leitfaden finden Sie die Antworten. Er wurde speziell f r Leute im Alter zwischen 30 und 40 konzipiert, die aus einer gro en Auswahl von M glichkeiten zur Altersvorsorge sch pfen k nnen und vielleicht sogar schon mit der Planung begonnen haben. Sie werden mit den verschiedenen M glichkeiten und auch mit speziellen Aspekten gegenw rtiger und k nftiger Finanzplanung vertraut gemacht. Verst ndlich geschrieben, berschaubar und klar strukturiert, liefert Ihnen dieses Buch alle Informationen zu einem brandhei en Finanzthema. (10/99)
About the Author
BAMBI HOLZER is Senior Vice President--Investments and Retirement Plan Consultant with PaineWebber. Previously, she was director of retirement services for Oppenheimer & Co. and Bear, Stearns & Co. Inc. During her career she has helped hundreds of corporations and thousands of individuals to develop retirement plans. In 1996, Holzer was named "Woman of Achievement in Finance" by the Century City Chamber of Commerce.
ELAINE FLOYD is a former consultant with a national investment firm and a writer who specializes in personal finance.
Table of Contents
PLANNING.
Retirement Planning for a New Generation.
Thinking about Retirement: Imagining the Perfect Life.
How Much Retirement Income Will You Need?
How Much Do You Need to Save?
SAVING.
Retirement Plans at Work: Making the Most of Your Employer-Sponsored Plan.
Retirement Plans for Business Owners and Self-Employed Individuals.
Individual Retirement Accounts: A Retirement Plan for Everyone.
Other Tax-Advantaged Ways to Save.
INVESTING.
Making Your Retirement Fund Grow: Fundamentals of Investing.
Understanding Stocks.
Understanding Bonds.
Understanding Cash and Cash Equivalents.
Understanding Mutual Funds.
Asset Allocation.
MONITORING.
Monitoring and Managing.
Keep Your Eyes on the Horizon.
Index.