Synopses & Reviews
Even if you have lost 40, 50, or even 80 percent of your savings, it is still possible to retire in comfort.
This year's stock market collapse has been especially devastating to millions of Americans in their forties and fifties who had been buying stocks and mutual funds for their retirement years. Trillions of dollars were lost, and thousands of retirement accounts and portfolios were reduced by more than 50 percent. The question now is, what's the next step? Will these hardworking people need to continue working into their seventies? Not if they make the right moves today, says Jonathan Clements, The Wall Street Journal's highly respected personal finance columnist.
Today, investors are faced with a barrage of dubious advice. Stocks are supposedly dead. Bonds are now touted as the only safe way to invest. Meanwhile, folks are once again claiming you can't go wrong with real estate. Clements, an award-winning personal finance columnist, rips apart this dubious advice, telling readers what's true and what's not. In the same feisty, easy-to-understand style that he brings to his regular Wall Street Journal columns, Clements gives readers a road map for the years ahead. He takes them step-by-step through the process of rebuilding their nest eggs and explains how, after reaching retirement, they can squeeze the maximum out of their savings.
This practical, concise guide will allow all readers to stop panicking, rebuild assets, and get their retirement plans back on track.
Synopsis
- Clements is a regular guest on CNBC and the Dow Jones Radio Network
Synopsis
Includes bibliographical references (p. 191-197) and index.
About the Author
Jonathan Clements has written the weekly "Getting Going" column in The Wall Street Journal since 1994. He also writes a weekly column for The Wall Street Journal Sunday, a supplement appearing in seventy-seven newspapers across the nation.