The Smartest Retirement Book You'll Ever Read

Read this book. You'll be glad you did. As a middle class American couple with very little knowledge about what to do with our nest egg, we entrusted it to a financial advisor. Then a different one. In this down economy, with a shrunken nest egg, we are still being eaten alive with fees. After reading this book the first time (I will read it again and again), I feel I now have the tools to manage my own nest egg, to prepare for retirement and to best handle our estate planning. Thank you Mr. Solin for writing a book that explains the do's and don't's of retirement planning in a language that anyone can understand.

Once again, Dan Solin hits a homerun. I will keep this book and review it as I get closer to retirement age. His writing continues to be concise and meaningful, packing a lot of information in a way that can be understood. His books should be required reading at universities.

This book is written to be read quickly: the sections are short, well summarized by a "What's the Point?" ending, and there are lots of white spaces on the pages. The information is all good and well explained, but I think the title is more than boastful.

The book is a good description of the pitfalls of retirement. A main objective is to make certain that we don't outlive our money. The author cautions against financial scams of every kind. He warns of high fund expenses in some cases. Index Funds tend to have lower costs. Some ETF funds place risky bets on financial products generally unfamiliar to most consumers. Bonds can provide an adequate liquid reserve. Ultimately, we must determine what constitutes a good withdrawal rate in retirement. Some savers may defer retirement in order to build a bigger nest egg. The market conditions on the date of your retirement may be critical. For instance, people retiring during the 2008 market free fall had concerns about the variability of the portfolio, as well as the investment base. The book reviews the steps necessary to leave a will and an inherited IRA in the estate. The acquisition reviews many important financial considerations concurrent with retirement planning at any stage of life. As such, the acquisition would be very useful for the personal financial library.

Dan has a gift in the ability to make complex subjects simple and his new book is sensational! Dan does a great job of explaining things like: * Why the biggest risk is not taking any risk. * Why stock picking is for losers. * Why an average return is way above average. * How you should look at spending down your nest egg. * What some prestigious sounding designations really are. * What traps to watch out for, such as the most expensive free meal you'll ever have. Dan leaves us with ten actionable "golden rules" that can help us retire smarter. This book is an easy and fun read. I couldn't put it down!