Set for Life: A Financial Planning Guide for People Over 50

By Bambi Holzer

Book Overview

"When can I afford to retire?"

"Will my money last long enough?"

"How can I enjoy my retirement to the fullest?"

Not long ago, retirement was simple. You'd spend thirty or fortyyears at the same company, get your gold watch, and collect yourpension and savings bank giveaways for the duration of your yearsleft on earth. No longer. The classic notion of retirement has beenreplaced with a newer, healthier concept that reflects the longerlifespans, more active lifestyles, and exciting "creative aging"options that seniors enjoy today. Along with these new choices comenew responsibilities, as people in their fifties join the "sandwichgeneration" who must simultaneously care for their children, theirparents, and themselves.

So how can you ensure that your retirement is as comfortable aspossible? How can you make sure your money will last at least aslong as you do? How can you, in short, be set for life?

In Set for Life, financial expert Bambi Holzer provides theanswers. This practical, thoughtful book-the only guidespecifically for individuals age fifty-plus-shows you how to assessyour needs, manage your investments, cope with taxes and insurance, stay ahead of inflation, prepare your estate, and develop realisticfinancial goals, no matter what your situation or how financiallysavvy you are.

In plain, simple language, Set for Life walks you through thevarious parts of your financial life and explains how to pull themtogether to build a clear, achievable plan for a satisfying future.As you read through the book, you will:
* Examine where you stand today-how much you have, how much youknow, and how prepared you are
* Explore how and where you want to live-second careers, volunteerjobs, travel, and the kind of home setting you'd prefer
* Figure out how much it will cost you to live-understandinflation, add up your future expenses, and create a spending plan
* Learn how to fill your retirement bucket-discover your beststrategies for saving and investing, how to get the most out ofSocial Security and your IRA, and how to tap the equity in yourhome
* Arrange your affairs-how to integrate family and finances, alternative living arrangements to consider when living at homeisn't working anymore, and how to cope with change

Set for Life is more than simply a financial planning guide-becauselife after fifty is no longer simple. Written by a woman who helpspeople like you every day, this book is as full of encouragementand insight as useful information. It will help you clarify yourown vision of your retirement and bring it to fruition. Most ofall, it will give you confidence that you can take control of yourfinancial life, and secure the future you hope for.

• Format: Hardcover
• Language: English
• ISBN: 0471321141
• ISBN13: 9780471321149
• Release Date: January 2000
• Publisher: Wiley
• Length: 256 Pages
• Weight: 1.19 lbs.
• Dimensions: 0.9" x 6.3" x 9.3"

Customer Reviews

This retirement planner isn't just for those still young

This retirement planner isn't just for those still young, even those over fifty can benefit from Holzer's advice on how to plan for a satisfying future. From developing realistic financial goals to understanding how these can be gained, any over 50 will benefit here.

Set for Life: Financial Peace for People over 50

Excellent read! Easy, down-to-earth explanation of retirement planning by a financially savvy advisor. I especially appreciate that all proceeds from book sales go to charity.

Peace of mind

Set for Life is the most informative book I have read on the subject of "retirement". I have peace of mind now that I understand programs of retirement such as Social Security. This is a must read.

Set For Life

I saw Ms. Holzer on the TODAY show and bought her book. As a recent 56 year old divorcee, I was not sure about my financial future. Now after reading "Set for Life" I feel I am headed in the right direction. Ms. Holzer is concise, and knows her stuff. I highly recommend "Set for Life"- it changed mine!

Set for Life: A Retirement Planning Guide for People over 55

This is a very easy to read and practical guide. I especially enjoyed the chapters on how and when to take Social Security and on insurance. This was a very informative book