Who has the time to read Retirement Books?
Retire On Track LLC.
Because of changes in life expectancies, retirement plans and government programs, we live in a world different than any previous generation could have envisioned. Past generations did not have to worry about reading the latest retirement book to learn about retirement planning, because it really was not a concern for them. Most workers of past generations spent less than five years in retirement. Today, most of us can expect to spend the same amount of time in retirement as we did when we worked.
A study conducted by the U.S. Department of Commerce found that only five-percent of all Americans are financially independent at age 65. In addition, this study also showed that an astounding 75 percent of all retirees are forced to depend on Social Security, family and friends as their only sources of income. According to the Social Security Agency, Americans can expect to receive only 40 percent of their pre-retirement income from Social Security. Most financial planners suggest that retirees will need at least 75 percent of their pre-retirement pay, to ensure a comfortable retirement. The remaining 35 percent (75 percent, if Social Security fails), not provided by the U.S. government, will have to be provided by individuals using their pension funds, savings or investments. Therefore, every worker must learn about finance and investing to ensure a comfortable retirement.
Do not think of this learning process as an educational obligation, but rather as an educational adventure. You may even find it enjoyable. If you do not believe me, then perhaps Mr. Einstein will convince you. Albert Einstein said, "Never regard study as a duty, but as the enviable opportunity to learn to know the liberating influence of beauty in the realm of the spirit for your own personal joy and to the profit of the community to which your later work belongs."
You can obtain your finance and investing education in a variety of ways. Books, magazines, newsletters and the internet all can be used in your educational arsenal. But, really, who has the time to read retirement books? Magazines are better for the time-constrained worker, but how do you access the information again when you want it? Do you hold on to all the magazines or just clip the articles you find helpful? This can take up a lot of your valuable real-estate and time. This leaves us with searching the internet and newsletters. Searching the internet can take a lot of your precious time to locate articles that you will find useful to your education. Who wants to spend the time searching for education rather than actually learning?
Perhaps the best first step you can take on your financial education adventure is to try a FREE subscription to the Financial Tips & Hints newsletter. The newsletter provides investment education in easy to understand terms, to help you, the individual investor. The articles are to-the-point and full of valuable information.
How do I keep up-to-date on the latest news impacting my retirement?
To keep informed about retirement topics, try our FREE Newsletter, you will receive a monthly newsletter full of Financial Tips & Hints information to inform and empower you to have a successful retirement. As an added bonus, Access Bob's Retirement Calculator for FREE.
We at Retire On Track LLC. want nothing more than to make your retirement a success. Retirement success, to us, means never having to worry if you have enough money, being able to pursue your dreams and having fun along the way. We provide the retirement calculator and Financial Tips & Hints to make it a reality - the rest is up to you.