The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work, and Living
The Great Recession has placed a wake-up call to America's baby boomers. Many have not saved enough for retirement and have not taken a hard look at how many post-work years they may need to finance.
Written in a straightforward and accessible style, The Hard Times Guide to Retirement Security tackles the tough questions about retirement in the new post-crash economy. Page by page, it puts retirement in perspective by touching on important issues such as insuring against the risk of outliving your assets, recalibrating damaged retirement portfolios, managing the risk of health-care expenses in retirement, and career strategies for workers who are 50 years old and up.
- Reveals how to boost lifetime income through better planning, and working just a few additional years
- Offers advice on how to hire a financial advisor whose first loyalty is to you, not Wall Street
- Discusses why you should rethink housing in the wake of the real estate crash
- Offers detailed advice on career reinvention, the 50+ job market and midlife entrepreneurship
Engaging and informative, this practical guide provides the strategies needed for a truly fulfilling and secure retirement.
1 Rethinking Retirement in Hard Times.
2 The Great Wake-Up Call.
3 Getting the Most from Social Security.
4 The Old-Fashioned Pension on Life Support.
5 Income Annuities: Another Way to Get a Guarantee.
6 Resuscitating the 401(k).
7 Managing Your Health-Care Expense Burden.
8 Taxes and Retirement.
9 Coping with Post-Bubble Real Estate.
10 How to Hire a Financial Adviser.
11 How Working Longer Helps.
12 The Fifty-Plus Job Market: Good News, Bad News.
13 Six Rules for Job Hunting.
14 Fifty-Plus Entrepreneurs: Launching a Lifestyle Business.
15 How to Hire a Career Coach.
16 Making a Difference: Encore Careers.
17 Volunteering in Retirement: Getting Engaged.
18 Learning and the Path to Brain Fitness.
About the Author.
"Miller is an expert on aging and retirement...it shows in his careful reporting on the ominous subject of retirement. He is diligent about listing detailed notes in each chapter to support facts and figures. He paints the picture: "Real estate values and retirement portfolios are depressed, and job security has evaporated...the need to build retirement security has never been greater." He offers ways to build long-term retirement security and boost knowledge on an array of topics from money issues, such as 401(k) plans and managing health care expenses to ways to navigate the 50-plus job market. There are several chapters on the 50-plus job market – how to find a job, start your own business, even how to hire a career coach to help with career transitions. Each chapter concludes with a wealth of resources and suggestions for further reading. The listings are ample guidance, worth keeping close at hand for help along the retirement route." (USA Today, July 25, 2010)
Hoboken, New Jersey, June 14, 2010, John Wiley & Sons, Inc., - The timing couldn’t be worse: The largest generation in our history is approaching retirement age during the worst economic downturn since the Great Depression. Yet, even before the economy crashed in 2008, most Baby Boomers hadn’t done much planning for retirement; only half of all working adults participate in a workplace retirement savings program, and the average U.S. household has managed to save just $60,000 toward retirement. Clearly, boomers are going to need to get smarter—quickly—about retirement. THE HARD TIMES GUIDE TO RETIREMENT SECURITY: Practical Strategies for Money, Work, and Living (John Wiley & Sons; $16.95; June 2010) details realistic strategies for money, work, and living that can be interwoven and leveraged for retirement security despite the tough economy.
“I wrote The Hard Times Guide to Retirement Security to give Baby Boomers the first examination of retirement issues in the new post-crash economy” says author Mark Miller. “There are no magic-bullet solutions. But, as a journalist covering retirement security issues, I wanted to show how strategies for money, work and living can be interwoven and leveraged for retirement security–even in the Great Recession. I also hope to help readers boost their retirement I.Q.s by showcasing the best thinking I’ve been able to find in my reporting on retirement and aging. The Hard Times Guide to Retirement Security tackles the tough questions about retirement in the new post-crash economy. Readers will learn about these smart strategies:
• Boost lifetime Social Security income through better planning
• Improve retirement income by working just a few additional years
• Recalibrate damaged retirement portfolios
• Insure against the risk of outliving assets
• Hire a financial adviser whose first loyalty is to you–not to Wall Street
• Manage the risk of health care expense in retirement
• Re-think housing in the wake of the real estate crash
• Stay employed, or find a job after age 50
• Become a midlife entrepreneur
• Transition into an Encore Career
THE HARD TIMES GUIDE TO RETIREMENT SECURITY offers a road map to the basics of retirement planning in the new economy. Written in a straightforward and accessible style, the book provides readers with sensible strategies for making the most of retirement, and how to get control of their financial future.
ABOUT THE AUTHOR:
Mark Miller (Chicago, IL) is a journalist with a special focus on retirement and aging. He writes Retire Smart, a syndicated weekly column featured in more than 30 newspapers and websites, and also contributes regularly to The Huffington Post and CBS Moneywatch. He also publishes and edits RetirementRevised.com, which was featured in the May issue of Money Magazine as one of the best retirement planning sites on the web. The former editor of Crain's Chicago Business and Sunday editor of the Chicago Sun-Times, Miller has reported extensively on money and career issues, and he has been a regular business news commentator on television and radio.
MORE INFORATION: http://hardtimesretirement.com
THE HARD TIMES GUIDE TO RETIREMENT SECURITY
Practical Strategies for Money, Work, and Living
Published by John Wiley & Sons, Inc.
Publication date: June 14, 2010
$16.95; Paperback; 240 pages; ISBN: 978-1-57660-362-8