Get a Life: You Don Title: Get a Life: You Don't Need a Million to Retire Well

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Manufacturer: NOLO
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Get a Life: You Don't Need a Million to Retire Well by NOLO

A Must Read for Anyone Who Plans to Retire Someday

The authors take a very different approach from most retirement planning books. Rather than talk to financial planners, who emphasize the money angle and have never themselves retired, the authors talk to people who've retired and have made a go of it. What's the secret? When you think about it, it's pretty simple. Stay healthy. Have many friends, including younger friends. Make peace within your family and get to the point where you love and enjoy your adult children. Oh yes. Money. Money comes way down on the list of concerns. Many financial planners say you'll need 80% of your present income when you retire. But the authors say the real number is closer to 50%, particularly if your home is paid off. The bottom line is that retirement is about far more than money, and you should be enjoying a healthy, productive life now, not just dreaming of your retirement while stressing yourself to the breaking point. My insurance company, USAA, which also sells financial products, recommended this book. It speaks well of USAA that they recommended a couple books that downplay the financial angle. I recommend this book--it'll give you pause and help you reorient your priorities.
Get a Life: You Don't Need a Million to Retire Well by NOLO

WOW

I'm not a big reader but could barely put this book down. Most of the book is about the non-financial impacts in retirement, which seem to be overlooked by most people. I highly recommend.
Get a Life: You Don't Need a Million to Retire Well by NOLO

Easy and Fun to Read

I enjoyed this book so much, that my boss, brother & sister all wanted copies, so I gave them each their own to read!
Get a Life: You Don't Need a Million to Retire Well by NOLO

This book is right......you DON'T need a million!

I have to admit I would have been far more skeptical about the points made in this book if I hadn't seen people already living on far less than a million dollars...and doing just fine.
One lived independently for years (admittedly, not on a champagne and caviar budget, but not poorly,either) and then moved into a nursing home, all expenses paid. This person is happy. Health costs have not driven that person to poverty and the medical care is just fine.
Another friend lives modestly but has family and friends nearby, an active social life and lives in a lovely Arts and Crafts style bungalow, bought for a modest amount and very tastefully decorated. She lives (as this book suggests) a life full of meaningful activities, many of them free, some of them volunteer work, some of them low-cost or free programs such as concerts in the parks or nature programs or lectures. Again, not an expensive lifestyle.. but fully satisfying.
ONE SUGGESTION: If you read this book, it is quite possible that you can start NOW to learn to live on far less money than you may be spending mindlessly today - and not feel deprived. If you do that, of course, you may save even more for your later years, when health issues and other concerns may impact your finances in a less predictable manner than today.
In any case, this is a refreshing change from the books which promote worry and anxiety about not being able to afford retirement. This book advocates finding a happy medium, neither advocating a "no savings" plan or needless worry and obsessions about the future and doomsday scenarios.
Get a Life: You Don't Need a Million to Retire Well by NOLO

Not a bad overview, has some good ideas, but beware...

The 'Where will the Money come from' chapter , pgs 240-244 on Social Security, is delusional. The author seems to think that Social Security is safe, that pending boomers will get full benefits, and nothing is further from the truth. The author should check the annual letter from Social security that states that withdrawls will exceed contributions within the next 10 years unless something is done. Nothing will be done because our politicians have no spine and are afraid of not being around to milk the tax payer and receive endless kickbacks and graft, all the while being exempt from the very system created as a last resort.

His other ideas are good, however, and worth a read. Id get it from the library first before I decided if I wanted to keep this book around.
Get a Life: You Don't Need a Million to Retire Well by NOLO

Book Description

The financial-service industry wants you to believe that in order to avoid financial destitution, you need to put aside huge amounts of money that you -- let's say it together -- "should have begun saving years ago."

Not true, states Warner, the author of Get a Life. Although a sensible savings plan makes good horse sense, many other actions and decisions will determine whether you enjoy your retirement years.

Get a Life shows you how to beat the anxiety surrounding retirement, and to develop a plan to make your golden years the best of your life by:

* developing family relationships
* maintaining and creating friendships
* improving health
* keeping active
* developing a robust curiosity for the world
* realistically calculating how much money you need and how to secure it

Interviews with successful (and successfully) retired people illustrate how to put Warner's advice into action.