Whether you're in retirement, just getting ready to retire, or 5, 10, or
40 years out, this book can help you invest smarter your whole life and
yes, plan better for retirement.
Harmful mythology abounds about retirement investing. Many retirees or
soon-to-be retirees have heard a plethora of advice. Take 100 (or 120)
and subtract your age to get your equity allocation, put the rest in
bonds or cash. Buy only bonds. Buy only high dividend stocks. Or
some combination! Buy equity-indexed annuities or some "guaranteed"
income product. All examples of a potentially harmful myth many folks
believe to be smart, strategic moves.
Investors believe preparing for retirement requires a radically
different set of tools or a dizzying array of products. Navigating the
world of retirement products and services can be a full-time job. But
investing for retirement is, in practice, not much (if at all) different
from investing. In Your Retirement Plan, Ken Fisher will give readers
a workable strategy to either develop their own retirement investing
plan or work more successfully with a professional to increase the
likelihood of achieving long-term goals while avoiding common pitfalls.
The book will include easy-to-follow steps like
- How to think, correctly, about investing time horizon.
- How to better figure how much income you need
- How to determine if a portfolio can provide that income
- How to figure how much to save each year to achieve retirement goals
- What pitfalls to avoid
- And more. . . .
In this retirement planning book that's not just for retirees, Fisher
will hand readers the tools and confidence they need to better plan for
the future.