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.