Book Description
Publication Date: December 16, 2014
Plan for a financially successful retirement even if you haven't started saving, don't' have a plan, or don't even know where to start.
Have you ever wondered if you'll have enough money saved when it comes time to retire?
Do you fear that you won't be able to retire or that you'll have to keep some type of job after you retire?
Are you looking for practical advice that not only gives you the information you're looking for but the actions you need to take to ensure you have a successful retirement?
If so, then this book is for you.
Here is just a bit of what you'll find in Retirement Planning:
Learn exactly how much money you need in order to retire.
How to compute your retirement budget.
Where you can find "free" money. (Make sure you're not missing out on this.)
What types of investments you should have in your retirement accounts.
Learn what you need to consider and do when changing jobs.
The difference between 401(k)'s, Traditional IRA's, and Roth IRA's.
What to do about paying for college for your children.
Avoid paying any more taxes than you have to, legally.
Learn what you need to do if you're starting to save for retirement later in life.
What an HSA is and when you'll need one.
More...
Make your retirement a secure and happy one...
Genre: BUSINESS & ECONOMICS / GeneralWhy Don’t People Plan for Their Retirement?
Did you know that one-third of adult Americans recently said that they were not preparing for retirement? A recent nationwide survey conducted by financial research group Bankrate revealed that some 36% of respondents said they have not yet started saving for retirement. Even worse, more than a quarter of respondents were aged 50 to 64.
What are some of the reasons why people don’t plan for retirement? The main reason is procrastination. When you are living paycheck to paycheck, it is very difficult for you to consider putting aside money. Usually they say they will wait until they get a raise before they start saving. Another reason is that their workplace does not offer a 401 (k), requiring them to go to the trouble of setting up an IRA, and most of them don’t want to bother. A lot of people also say that they have no intention of retiring, since they intend to work forever.
Unfortunately, not preparing for retirement, no matter what age you are now, will cost you dearly in the future. Even if you are healthy now and intend to continue working indefinitely, you cannot expect to remain so in the long-term, since you will inevitably develop some physical ailments that will affect your ability to remain active. Even if you remain relatively healthy, can you expect that your job will still be there forever? What if you lose your job? What kind of job could you expect to get when you are past sixty or seventy? As painful as it may be, it is important to face these considerations now, while you are still earning money and able to save a nest egg that you can draw upon when and if you have decided to retire.
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French
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Already translated.
Translated by Isabelle Weissmann
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Italian
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Already translated.
Translated by Marin Pavic
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Portuguese
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Already translated.
Translated by Joana Filipa Penelas Venâncio
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Spanish
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Already translated.
Translated by Alma Edith Garcia
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