Summary of What Color Is Your Parachute? For Retirement

Planning Now for the Life You Want

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What Color Is Your Parachute? For Retirement book summary
If you are like most people, it’s not just time to begin to plan actively for your retirement – it’s way past time.

Rating

8 Overall

10 Applicability

6 Innovation

8 Style

Recommendation

Like most aspects of modern-day society, retirement is not what it once was. In the past, workers could count on generous pensions from the companies where they spent their adult lives. They supplemented these funds with personal savings, along with Social Security payments that kicked in much earlier than they do today. How things have changed! In today’s harsh, dog-eat-dog world of corporate downsizing, pensions seem almost archaic. Americans’ overall savings rate is an embarrassing negative figure and Social Security is going broke. People who are planning for retirement have little leeway for error or indecision. Now, more than ever, you need good, solid information, including this selection of criteria and checklists, to plan your retirement adequately. Richard N. Bolles and John E. Nelson can help. getAbstract rates their book highly for its comprehensive, thoughtful overview of the particulars of retirement planning, especially concerning financial matters. Read their book to learn what a serene, intelligent retirement requires. For the majority of today's workforce, few personal or lifestyle planning topics will ever be more critical.

In this summary, you will learn

  • Why early retirement planning and preparation are so important
  • How to fund your retirement
  • Why a satisfying retirement depends on more than money
  • How to avoid wasting money on unneeded retirement lifestyle products
 

Summary

One Day You Will Retire
Like every other working person, one day you will retire. Are you ready for this looming eventuality? If not – and most working adults are not – you should know that modern-day retirement and retirement planning have changed considerably over the past few decades...
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About the Authors

Richard N. Bolles is the author of the bestseller What Color Is Your Parachute? He is an influential leader in the career-planning field. John E. Nelson is an expert in retirement planning.


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