A Guide to a Better Retirement

“A Guide to a Better Retirement” provides helpful information for would-be retirees who are not financial whiz kids. This book provides assistance in making sound decisions on important elements of their retirement, and identifying what information they need to know and the questions they need to ask. In addition, it acts as a guide to help them judge the quality of the answers they receive. It can be useful in helping retirees avoid being bamboozled by fast talking financial products sales people, and helping them to identify and plan for several crucial risks that many retirees overlook.Unfortunately, many retirees have financial problems in retirement that are avoidable. To prepare for retirement many would-be retirees contact the Human Resource Departments of their employer, relatives, good friends, co-workers, as well as their banks, stock brokers, CPAs, and other professionals for help with their retirement decisions. Oftentimes, would-be retirees do not know the proper people to contact or the proper questions to ask. As a result many retirees ask the wrong questions, and those that do ask questions often ask the wrong people. Thus, retirees do not receive answers to the really important questions they need answers to. This may result in them experiencing financial problems that may be avoidable.“A Guide to a Better Retirement” helps would-be retirees to (1) realize they have options with Social Security that may improve their retirement security; (2) understand the impact of inflation on their retirement savings or pension income so they may avoid or minimize financial problems in their latter years of retirement; (3) provide strategies to legally reduce the amount of federal income taxes they pay, and possibly minimize or reduce taxes on their Social Security benefits; and (4) help them to prepare to live in retirement possibly for as many or more years than they have worked and avoid running out of money. It also discusses retirement planning and financial products for retirees to consider in their retirement planning.