Protecting and Rebuilding Your Retirement: Everything You Need to Do to Secure Your Financial Future

by Les Abromovitz

Book Overview

"Making money through real estate investments isn't as simple as buying up property and hoping for the best -- you have to know what you're doing. The fact is, how you manage a property directly... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0814471854
• ISBN13: 9780814471852
• Release Date: January 2003
• Publisher: AMACOM/American Management Association
• Length: 224 Pages
• Weight: 0.90 lbs.
• Dimensions: 0.9" x 6.3" x 9.3"
• Age Range: 17 years and up
• Grade Range: Grade 12 and higher

Customer Reviews

Hands on and helpful--a must have

After recently retiring, I was looking for a book to help me deal with some of the financial and psychological issues that crop up in retirement. I heard a radio interview with the author of this book and immediately purchased a copy of it.I found the author's advice to be extremely helpful, practical and easy to digest. Most chapters contain a "back to basics" section which will help people who need a primer on certain retirement planning topics. The author then moves forward with more sophisticated advice.What I liked most was that the author recognizes that each of us has his or her own comfort level when it comes to investments. He also understands that the early years of retirement are stressful and sometimes require us to reinvent ourselves.

Basic Primer on Preparing for Retirement

This book is simply written, easy-to-understand, and provides practical advice for everyone. The author recommends a realistic approach to investing that includes buying a diversified portfolio of index mutual funds. Other topics covered are investing in annuities ? fixed and variable, IRAs, and 401(k)s, and insurance (life, health, and disability).Abromovitz, an attorney and financial educator, provides readers with a well-written explanation of the key components of developing, protecting, and rebuilding decimated retirement accounts. He recommends a pro-active hands-on retirement planning approach. In this 224-page, nineteen chapter book, Abromovitz covers how to make relatively safe investments that will continue to grow, how to plan for health issues and large medical bills, how to maximize your social security benefits, and how your financial safety can be improved by investing in stocks, real estate, annuities and 401(k)s.There is no earth-shattering advice in this book. However, the author provides straightforward advice that can help individuals get and stay focused on the right track so that they can accomplish their retirement dreams.Most individuals have not really thought about all aspects of the retirement process and have let the chips fall where they may. The devastating bear market of 2000-2002, unfortunately changed the retirement landscape for millions of individuals whose retirements have been postponed and many potential retirees have been forced to keep working to make ends meet. The reason for this was that most individuals did not understand or consider the risks of investing in the stock market.By reading, studying, and implementing the wisdom in this book, readers will put the odds in their favor to obtain a secure and peaceful retirement. This book should be required reading by all individuals, whether or not they are approaching retirement since the advice provided will help all readers better manage their financial issues.