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Retirement
- Start Thinking About Your Retirement
- Narrated by: Ken Eaken
- Length: 36 mins
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Retirement
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Summary
Book 4 of Money: Learning the Basics consists of understanding retirement. In this short guide, I discuss the basics about saving for your retirement, whether you're 18 years old and just starting out or 55 years old and getting ready to retire. It is never too early or too late to start thinking about it.
First, you'll learn how the current economic depression and how unprepared people were for the down turn. This will help you get serious about your retirement because all of your savings can be gone in the blink of an eye, and then what?
Then, I'll discuss the history of social security, pensions, and 401(K) as well as IRA's, insurance and bonds. I'll help you decide what might be the best option for you.
Next, I'll discuss royalties - money that could last well after you're gone. It could keep paying while you're working or after you're working.
Finally, I'll answer the question, "What do you do when your retired?" As much as it is important to make money, it is important to decide what you will do with your time. It could be a dream vacation or a donation to your favorite charity.
Retirement is a part of life. You can be bitter and broke or enjoy life abundantly until you pass on.