People approaching retirement or already retired can significantly improve their financial situation by making smart decisions and avoiding financial mistakes. This comprehensive guide tells how, and shows what to expect, what to select, and what to reject. Written in jargon-free language by well known personal finance expert Jonathan Pond, it clearly explains how to determine how much money one will need to live comfortably in retirement . . . and accumulate that sum or more from personal savings, Social Security and an IRA, Keogh, 401(k), or pension plan. It's an indispensable "road map" to financial independence and peace of mind, and how to avoid the numerous potholes along the way. 6 x 9.
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Pond, the financial planning pundit of the Today show, aims this title at well-to-do people over 50. It fairly cries out for a glossary, as Pond uses terms like alternative minimum tax without really defining them. The style is dry, and Pond assumes a knowledge of terms and an ability to calculate that executives chiefly have. The book contains useful checklists and an excellent section on trusts, and the index (not seen) will be useful for finding topics of interest, since it is hardly recreational reading for the average person. Some information here, such as what happens when an heir renounces an inheritance, is not included in most financial planning books. This book belongs in a library serving older patrons who take their investments and their money seriously and who already know some financial terminology.
- Sue McKimm, Cuyahoga Cty. P.L., Parma, Ohio
Copyright 1993 Reed Business Information, Inc.
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Book Description Prentice Hall Trade, 1993. Hardcover. Book Condition: New. Bookseller Inventory # DADAX013031238X
Book Description Prentice Hall Trade, 1993. Hardcover. Book Condition: New. Bookseller Inventory # SONG013031238X