Retirement Planning Beyond 55
Why did I write this book?
I wanted to help people navigate the sometimes confusing world of personal retirement finances. I have been making the same journey that many of you are now taking. I’ve have had to personally work through many of the same issues that you are dealing with. In doing so, I have used all of the strategies and techniques in this book. My goal is to make it easy for you to use these tools in improving your own personal retirement financial plan.
Who should read this book?
As the title suggests, this book was written for a fairly selective audience: Those beyond age 55 who feel a need to review and improve their retirement financial plans. All of the strategies, specific techniques, and examples in this book focus on the needs of those in this critical phase of retirement planning.
What about those younger than 55? Many sections of this book will address their needs, because it contains fundamentally sound financial ideas and techniques applicable to all ages. That said, this book will be of the greatest value to those people who are approaching, or who have begun, retirement from their primary income-producing job.
How can you best use this book?
The first part of the book deals with the most common and immediate financial concerns. It should be helpful to you as you address whether you are on the right retirement financial track right now - and if not, what you can do about it.
The second part takes you through the complete planning process – from establishing goals through to the development of a comprehensive plan – using tools and ideas I adapted from teaching MBA students. This section will be especially useful for those who have never established a formal financial plan, or for those who would like to make a strategic review of their finances.
My sincere hope is that by reading this book, you will be able to take more effective control over your retirement planning. This can be accomplished by either learning how to use these strategies and techniques totally on your own, or by being better able to work with a professional advisor, such as a CFP® professional.