Get a Life: You Don't Need a Million to Retire Well by Ralph E. Warner
|
List Price: Our Price: $15.47 You Save: $9.52 (38%) Availability: Usually ships in 1-2 business days Buy Used: from $5.97 (click here) Category: Book See more book details and other editions |
|---|
Book Reviews of Get a Life: You Don't Need a Million to Retire Well
Book Review: Errors in the planning worksheet
Summary: 3 Stars
Noticed a MAJOR ERROR in the worksheet from Ch 8. "How Much Money Will you Need When You Retire".
Step 1 starts with AFTER Tax Income, however
Step 2 SUBTRACTS the difference in taxes between working and retired.
Seems to me that TAXES are being neglected twice. This ended up being a $40,000 per year error between when I created a spreadsheet based on this 3 years ago, and what I see now! This is present in the 5th edition of the book -- not sure if this has changed since previous editions.
Book Review: Good for retirement planning
Summary: 3 Stars
Says you don't need a million, but makes it clear that it should would help. Not much help unless you plan to have your house paid off prior to retirement, seems to be a basis for a lot of the recommendations. For those of us who will not have the house paid off, and are now upsidedown due to the economy it means more years of work prior to retirement. Should be updated to be useful.Book Review: A Must Read for Anyone Who Plans to Retire Someday
Summary: 5 Stars
The authors take a very different approach from most retirement planning books. Rather than talk to financial planners, who emphasize the money angle and have never themselves retired, the authors talk to people who've retired and have made a go of it. What's the secret? When you think about it, it's pretty simple. Stay healthy. Have many friends, including younger friends. Make peace within your family and get to the point where you love and enjoy your adult children. Oh yes. Money. Money comes way down on the list of concerns. Many financial planners say you'll need 80% of your present income when you retire. But the authors say the real number is closer to 50%, particularly if your home is paid off. The bottom line is that retirement is about far more than money, and you should be enjoying a healthy, productive life now, not just dreaming of your retirement while stressing yourself to the breaking point. My insurance company, USAA, which also sells financial products, recommended this book. It speaks well of USAA that they recommended a couple books that downplay the financial angle. I recommend this book--it'll give you pause and help you reorient your priorities.Book Review: WOW
Summary: 5 Stars
I'm not a big reader but could barely put this book down. Most of the book is about the non-financial impacts in retirement, which seem to be overlooked by most people. I highly recommend.Book Review: Easy and Fun to Read
Summary: 5 Stars
I enjoyed this book so much, that my boss, brother & sister all wanted copies, so I gave them each their own to read!