Not long ago, retirement was simple. You'd spend thirty or fortyyears at the same company, get your gold watch, and collect yourpension and savings bank giveaways for the duration of your yearsleft on earth. No longer. The classic notion of retirement has beenreplaced with a newer, healthier concept that reflects the longerlifespans, more active lifestyles, and exciting creative aging options that seniors enjoy today. Along with these new choices comenew responsibilities, as people in their fifties join the sandwichgeneration who must simultaneously care for their children, theirparents, and themselves.
So how can you ensure that your retirement is as comfortable aspossible? How can you make sure your money will last at least aslong as you do? How can you, in short, be set for life?
In Set for Life, financial expert Bambi Holzer provides theanswers. This practical, thoughtful book-the only guidespecifically for individuals age fifty-plus-shows you how to assessyour needs, manage your investments, cope with taxes and insurance,stay ahead of inflation, prepare your estate, and develop realisticfinancial goals, no matter what your situation or how financiallysavvy you are.
In plain, simple language, Set for Life walks you through thevarious parts of your financial life and explains how to pull themtogether to build a clear, achievable plan for a satisfying future.As you read through the book, you will: * Examine where you stand today-how much you have, how much youknow, and how prepared you are * Explore how and where you want to live-second careers, volunteerjobs, travel, and the kind of home setting you'd prefer * Figure out how much it will cost you to live-understandinflation, add up your future explă