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The AARP Retirement Survival Guide: How to Make Smart Financial Decisions in Good Times and Bad

Customer Reviews:

Interesting, But Not Detailed Enough To Create A Retirement Plan

By Motor Head - November 17, 2010

I purchased this book because amazon.com alerted me to it and because it had all
5* customer reviews. After having read it I have mixed feelings about its usefulness :

On one hand, it provides a good overview of the financial planning process that needs to be followed to determine how much to save for retirement and how much to withdraw during retirement. It also provides a good overview of some of the retirement income products/annuities, and it has helpful checklists to select a financial adviser. Furthermore, I found the chapter on reverse mortgages a useful
introduction to a very complex subject, with several helpful web sites listed.

On the other hand, the book is not detailed enough to do a financial plan, i.e. establish an affordable expense budget in retirement that includes determination of the amounts that can be safely withdrawn from investments. There are better books available that include detailed worksheets to do this, such as... read more

Excellent overview and guide to retirement planning

By JYoder - March 6, 2011

This is an excellent read if you are ready to jump into planning for retirement. It does an excellent job of covering almost all of the things you need to consider. The book is organized well, and topics are covered to give you an excellent understanding of each with a few exceptions.

The annuity topic is well covered, but the fact of the matter is this topic is just to big and complex to be well covered as part of a book, you need to get a book dedicated to this topic to really get the details of each type, but this book does an excellent job of giving you a real good handle on what products are out there and their basic pros and cons.

Second, this book does not cover the Buckets concept, an interesting approach to retirement planning, although I don't plan on following the exact model of the buckets plan, I think the concept is very important to understand so you can consider how to handle the up and down cycle of the stock market and how your financial plan... read more

A must read for pre-retiree and retirees!

By Mark A. Laoun - July 23, 2009

An extremely valuable and comprehensive decision making framework for pre-retiree and retirees. Beyond what you would normally see in books that cover investing for retirement, this book goes one step further and includes ways to evaluate financial advisors, what they say, and the investment products they sell. Julie's "Don't Be Fooled Rules in chapter 19 are particularly valuable in addition to her "Retirement Risk Assessment" on page 294. This book is an easy to understand and tremendously valuable resource. A must read!

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