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Retire on Less Than You Think, Revised Edition: The New York Times Guide to Planning Your Financial Future

Customer Reviews:

Thought Provoking

By Steven Lee "sfosteve" - October 11, 2004

The basic premise of the book is that you don't need a retirement nest egg large enough to provide you with 70-80% of your present income to retire comfortably. This is contrary to the common advice found in the marketplace and the author attacks this as hype. I found his commentary insightful and thought provoking as I had bought into the believe that you needed at least 70% of your present income otherwise you would be stuck eating Alpo. I agree with the author's basic point that if you live in an expensive metropolitan area (e.g. Manhattan, Chicago, SF) and are willing to relocate to a less expensive area you can retire comfortably on a modest income. I agree with some commentators' criticism that the author spends time making his own political commentary on Social Security and healthcare, but this does not detract from the rest of the book. I wish the book had gone into more detail on some of the subjects covered, but a reader can continue researching various topics by... read more

Retire on Less Than You Think by Fred Brock

By Dr. Joseph S. Maresca "Dr. Joseph S. Maresca ... - January 30, 2004

This work focuses your attention on the amount of money needed
during retirement-taking into consideration the
best places to retire and control of unnecessary expenditures.
Bellington, Washington, Iowa City and Sarasota, Florida are
cited as preferred retirement communities. Strategies to retire
slightly later can yield significant benefits in the size of
the monthly income resulting from social security. In some cases,
a delay of even 3-4 years in retirement can result in getting
a 50% increase in the monthly allotment. The author recommends
to simplify life in order to maximize the benefit from your
monthly income. This book is an excellent supplemental reference
for your retirement planning. As such, it is well worth the price.

New perspective on retirement!

By A Customer - June 7, 2004

This book is truly a new perspective than the one you hear from the financial community. Fred Brock debunks the myths that it takes millions of dollars to retire. Every financial website has a calculator to tell you how much you have to save and invest to have millions to retire. This just isn't practical for most people. He shows that if you own a home with a 30-yr. mortgage, by the time you retire it should be paid off. So, there is no longer a mortgage payment which is usually your greatest expense. Also, if you move to a city that is one of the best places to retire (he gives the web address to find these cities), the money you have will go much further while maintaining the same or better standard of living. Also, healthcare is a concern for retirees. He directs you to ehealthinsurance.com to compare rates. I did this and changed my insurance plan and am saving $50/month. This book is an eye-opener for anyone planning to retire but after reading the book you should feel relieved... read more

AVAILABILITY
MerchantFormatPrice
Amazon USPaperback$0.14 - $18.00
eBooks.comDigital (PDF)$9.99
BookBytePaperback$11.25
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