Set for Life: Financial Peace for People over 50

A guide to retirement planning covers retirement income, investments, social security, real estate, taxes, insurance, inflation, healthcare, and estate planning.

PaineWebber investment executive Bambi Holzer's first book, Retire Rich, presented peak-earning, but financially naïve, baby boomers with the fundamental tools and techniques necessary to create individualized retirement plans based on current situations and projected needs. In Set for Life, she addresses financial planning and management issues for readers even closer to retirement age. Unlike boomers a decade or two younger, who are still actively accumulating resources, Holzer writes, these folks "are more concerned with keeping what they have. They are not necessarily trying to get rich. They just want to have a comfortable lifestyle and make their money last as long as they do." She offers advice on maximizing "your retirement bucket ... between now and then" through sound investment decisions; determining how assets will be affected by additional sources of income such as Social Security, real estate, and paid employment; accommodating the inevitable impact of taxes, insurance, and inflation; and generally preparing the best way possible for the uncertainties ahead. --Howard Rothman