How to retire with enough money
Subtitle: and how to know what enough is
By: Teresa Ghilarducci
Published: 2015
Language: eng
Number of pages: 128
ISBN-13: 9780761186137
Subjects: Personal Finance; Planning; Retirement income
Description: Here is a single-sit read than can change the course of your retirement.  Written by Dr. Teresa Ghilarducci, an economics professor, a retirement and savings specialist, and a trustee to two retiree health-care trusts worth over $54 billion, How to Retire with Enough Money cuts through the confusion, misinformation, and bad policy-making that keeps us spending or saving poorly. It begins with acknowledging what a person or household actually needs to have saved--the rule of thumb is eight to ten times your annual salary before retirement--and how much to expect from Social Security. And then it delivers the basic principles that will make the money grow, including a dozen good ideas to get current expenses under control. Why to "get rid of your guy"--those for-fee (or hidden-fee) financial planners that suck up valuable assets. Why it's always better to pay off a loan or a mortgage. There are no gimmicks, no magical thinking--just an easy-to-follow program that works.
Notes: Includes bibliographical references (pages 117-121) and index.
Table of contents: title: Facing the facts, or, if you're not worried, you probably don't understand the situation; title: Bringing your picture into focus, or, how to estimate the retirement income you need and calculate what you're likely to have; title: Working, or, will the job market be through with you before you're through with it?; title: Saving, spending, and debt, or, how to keep your head above water in "the richest nation in the world"; title: Investing and allocation, or, "I have this guy..."; title: Voting and civic involvement, or, we can't get out of this mess one by one.