How Much Is Enough Balancing Today's Needs with Tomorrow's Retirement Goals

By Diane McCurdy

Book Overview

The numerical and emotional aspects of planning for retirement This hands-on resource demystifies financial planning by giving the Enough number: an exact figure specific to personal goals, which can be a target number to aim for in retirement. It shows what changes will help to achieve the number, and offers an understanding of hidden motivations when it comes to spending money. It also provides an overview of the multitudes of investments available and provides conservative guidelines that will help make money, save taxes, and sleep at night. Offers a clear understanding of the different attitudes toward money and includes strategies to achieve goals Includes the tools needed to save for later and enjoy rewards today Contains a method for tracking money to help get your finances where you want them to be Covers the details of what it takes to work effectively with a financial advisor Written by Diane McCurdy, a noted financial planner, speaker, author, and founder of McCurdy Financial Planning This hands-on guide walks you through a proven program that is designed to keep you on the right track to financial success.

• Format: Paperback
• Language: English
• ISBN: 111849363X
• ISBN13: 9781118493632
• Release Date: January 2013
• Publisher: Wiley
• Length: 288 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"

Customer Reviews

Is Your "Money Attitude" Putting You at Risk?

As a CPA and attorney whose practice is devoted to addressing clients' retirement and estate planning needs I especially liked that Diane McCurdy's How Much is Enough: Balancing Today's Needs with Tomorrow's Retirement Goals helps readers figure out their "money attitude." For instance, are you a spender or a saver? Once you understand your own spending patterns and habits you can take steps to avoid the financial pitfalls common to each attitude. Perhaps the most important benefit of the book is that it helps readers choose their "Enough Number"--the amount that will be "Enough" for them after they retire. And she doesn't forget to factor in all of those things that concern us the most, like how we will afford those special luxuries on our retirement wish lists. Great job Diane! I will definitely be recommending How Much is Enough to my clients. James Lange, CPA/Attorney and author of Retire Secure! Pay Taxes Later: The Key to Making Your Money Last as Long as You Do

"Money Personality" A Useful Tool In Financial Planning

As a financial advisor, I recommend this book to clients who need a good overview of money management and retirement planning. There are lots of books on specific types of investing, but this one is different. It's a comprehensive tool that gives clients a better understanding of what we're doing and enables them to ask more pertinent questions. The "money personality" aspect is a very useful device in helping people understand why they use money the way they do. My clients report that the book is very motivating too. Peter C. Browne, LUTCF

Understanding the Key Elements to Financail Independence

I was very pleased with this book. It address the big issues and stays on the high ground instead of getting into all the technical details. I found it very empowering and just the right mix of stories to drive the key points home.

Gets to the heart of the matter

Perhaps the previous reviewer should check this book out more carefully. I found the 401(k) contribution limits in Table 8.3 on page 123. It has more than enough detail for me, but doesn't pretend to be a comprehensive encyclopedia of financial instruments. I like the writing and the experience that the author brings to project. But I think the real strength of this book is that it helps the reader face his or her various denial strategies about their money. Diane McCurdy understands people really well and she's not going to let anyone get away without seriously examining their money issues. And it's so well-written, I'll even pay for the experience.

Excellent - good reading

This book is for people who don't know much about finances and saving for RRSPs. It's easily readable, to the point and offers sensible advice based on personality profiles. The part I liked the most was about how to max. your RRSP contributions. The advice she gives on this topic is simple and works amazingly well.