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August 25, 2009

News & Opinion: Retiring Wisely

By: 800-CEO-READ @ 7:16 PM – Filed under: Current Events & Public Affairs

For the working world, investing might be a scary venture these days, as the predictability of stocks might be mostly negative. Though that's changing, soon-to-be or recent retirees are facing even more critical decisions about what to do with their money that will ensure them comfortable living for as long as possible.
Enter financial expert Daniel R. Solin's book The Smartest Retirement Book You'll Ever Need. For the above mentioned audience, this book couldn't have come at a better time, as Solin provides clear, straight-to-the-point insight into account strategy, low cost insurance, investing, reverse mortgages, and more. And he does it step-by-step, walking you through every area that you can invest and save in. He begins by asking readers to rethink retirement investing:
"How you invest during retirement is as critical as how you invest in preparing for retirement. Things are never as simple and automatic as they once may have been - you worked hard, saved, and then sat back and collected your benefits. You can't rely on someone else coming up with the cash you'll need once you stop working."

If you're in the market for this kind of advice, look no further, except maybe at this great video Solin put together to make his point: