"Early Retirement Plan and Investment Ideas" is not only a book about retirement — it's an inspirational guide on how to enjoy life to its fullest. This book provides a holistic approach in explaining retirement readiness as it relates to adequate financial resources needed to fund your retirement needs. Today, people worry that they’re going to run out of money in their older age as a result of health care needs or rising cost of living. This won’t happen if you are able to maintain a diversified portfolio and squeezing higher payments from your assets, Social Security account, pension, home equity and savings to raise the amount you have to spend and stretch out your money over many more years.
The key to creating an active and fulfilling retirement goes beyond having adequate financial resources; it also encompasses all other aspects of life - leisure activities, physical well-being, mental well-being and a host of other activities that keeps you active as you age.
In this book, Patrick Hogan guides you to:
- Quitting the rat race early - the earlier, the better
- By putting money in the right perspective and knowing early likely expenses in retirement and how to meet them.
-Turning your retirement savings into a steady paycheck that will last for life
-Structuring your Retirement portfolios
-Using spending rate to organize your portfolio
-How to maintain a diversified portfolio
- Deciding What Asset to put in a retirement portfolio
-Higher risk tolerance and long-term plan investments
-Domestic and Foreign Equities to invest in
-Bridging inadequacies in your portfolios
-Health care concerns in retirement
-Avoid mistakes people make with spending in retirement
-Personal worksheet to gauge your retirement readiness.
-In Choosing a good investment adviser
-Above all, make your retirement years the best time of your life.
In short, the retirement wisdom in this book will prove to be much more important than how much money you have saved.
What are you waiting for? Scroll up and hit the buy button to start your retirement preparation earnestly.
Why Should You Build a Retirement Income Plan?
A retirement plan is a plan that will help you efficiently with low cost and lowest risk possible to spend your assets in retirement. It helps you walk the middle line between spending too much money and spending too little money. Whether you are just starting your career or approaching retirement age, you would need to consider how you will fund that eventual phase of your future. With every job you do, you receive a paycheck which covers your essential living expenses like housing, food and other basics. But what happens when you retire and that paychecks stop coming? You will need other income sources to continue to live comfortably. Don’t forget that some expenses such as healthcare will continue rising as you grow older. However, you may be tempted to think that you can rely on social security benefits once you retire. The truth is, social security is only designed to supplement your savings and not to take care of all of your financial needs in retirement. Social will replace less than a third of your income in retirement.
Already translated. Translated by ANGELICA DE SANCHEZ