Customer Reviews

Grangaard Strategy: Invest Right During Retirement

5 star:		(8)
4 star:		(0)
3 star:		(0)
2 star:		(2)
1 star:		(2)

 

 

I've been helping people with retirement, financial, and estate planning problems for over thirty years, and this book is as good a source of SOUND, SENSIBLE advice on retirement planning as any I've found.

Retirement Planning isn't Rocket Science. But it CAN get complicated, particularly when you're listening to someone more interested in displaying his or her expertise than in helping you to understand what to DO. Alas, many advisors, even when they really ARE trying to help, inspire more confusion than understanding because they're focused on MEASUREMENTS. "Alpha", "Beta", "Standard Deviation", and the like. Those are mathematical measures, statistical concepts which sometimes (but not always) are helpful in understanding the statistics - the NUMBERS we deal with in financial planning. But financial planning isn't about NUMBERS. Rule Number One in my practice says -

"90% of financial planning is EMOTIONAL; only about 10% is about NUMBERS."

Paul Grangaard and Larry Atkins understand this VERY well. I've been privileged to talk with (and, sometimes, argue with) Paul and Larry on various occasions. Twice, we were speakers at the same financial planning event. I'm pretty good, if I say so myself, at speaking on retirement planning, but Paul's better. His delivery is so darned CLEAR, it's like a cold shower on a blistering hot day. And it's that way, partly because Paul's a heck of a public speaker, but MOSTLY because his MESSAGE is VERY SIMPLE and ABSOLUTELY TRUE.

If you want to understand WHY managing money AFTER retirement is COMPLETELY DIFFERENT from managing money BEFORE retirement, and ESPECIALLY if you want to understand how to deal with what I call "The One Big Risk" in retirement income planning, READ THIS BOOK.

The "One Big Risk" can be stated in the form of a question. It's this: "What are the chances that my account balance will fall to zero before my blood pressure does?"

MOST retirement planning methodologies are CLUELESS about this. Paul Grangaard's strategy understands it perfectly, and provides consumers (and ADVISORS who are willing to listen) with a sound, clearly understandable, and workable method of assessing and dealing with this One Big Risk.

Thanks, Paul and Larry, from a fellow practitioner and a big fan,

John L. Olsen, CLU, ChFC
Principal: Olsen Financial Group
St. Louis, MO

What do you people see in this book?!

The book is filled with the standard rules about investing for retirement: invest for the long haul, use compound growth, sell assets when they are high--duh! And all of this is the "Grangaard Strategy?" (OK, so the only slightly valuable advice is: plan to live longer than average.) The book is lacking in any real substance and comes across as a pitch to get you to seek further help from a Grangaard financial planner.

This book provides very practical guidance that can be implemented by anyone. Paul Grangaard has given me peace of mind that I can in fact manage my assets for my lifetime. His strategies will enable me to capture higher rates of return while minimizing risks. Thank you.

Let's face it. People who take time to read books about investing are looking for an edge! Something different that gives them a better chance at success. The Grandgaard Strategy provides that edge. While most investment books all key in on the same objective, accumulating money, this book teaches you how to spend it, and how to spend it without running out! If income during retirement is your objective, you have to read this book! In the 21 years I have worked with Florida retirees, I have never read a book which better answers the question, "How can I best structure my investment portfolio during retirement for income & growth?" If you're getting ready to retire, or if you're already there, you have to buy this book!

Buy this book to see how someone can effectively mount a very good marketing program. But don't expect to find anything other than platitudes when it comes to financial planning. The material is quite elementary.

I'm guessing somewhat here but I'll bet that Mr. Grangaard's approach to building his business includes:
- Go onto TV and sell his book.
- Load the book review input with 5 stars.
- Get the book buyers to sign up for Grangaard trained financial planners.
- Sell the poor saps that to go these planners Grangaard sponsored products.

Don't waste you money or your time on this.

This book lays the groundwork for a bridge to financial freedom upon retirement. The twelve principles outlined in this text have worked for me and should work for all. Too many financial planners do not speak to their customers... this book clearly and concisely outlines a road map that will allow me to live comfortably through retirement. I'm recommending this book to my financial planner.

Paul Grangaard's book is a must read for anyone seeking a financially stable and comfortable retirement. His strategy allows investors to balance short term cash flow needs with the very real needs for increasing growth of assets. It enables you to provide certainty in an uncertain financial world while also providing flexibilty to make adjustments as needed.

With ever increasing life expectancies, retirees will rely on their assets longer than previous generations. Further, the responsibility for one's retirement has been transferred from the employer to the employee as employer driven pension plans are being replaced with employee driven 401k plans. Because of this, the real risk to investors is not running out of their assets but the horrifying possibility of outliving it.

Because of the market conditions of the last 3 years, many shell shocked investors are succumbing to their pain by making terrible financial decisions that may cause devestating long term consequences. Don't follow the masses and make the same mistakes. Paul Grangaard's message is as timely as ever. Do it for yourself and your family - READ THIS BOOK!

This book not only is worthless but actually it is risky ,to say the least;if you follow the recommendations of the author.
It reminds me of that famous book in the 80's "No Money Down",that made people (naive people) believe that not only could you buy real state with no money down and no credit ,but that actually you could walk away with money in your pocket!!!
Anyhow,I read at least 1 or 2 books a month on investment as well as on retirement;this book only enphasizes that you have to get a financial planner to "survive" ;obviously, the guy is a CPA himself,other than that,it is plain rubbish.There are tons of better and more informative books out there.

As a principal in a wealth management firm navigating clients through the uncertainties of the finacial markets at the beginning of 2003, I found this book fascinating. This book conveys a cutting edge strategy that is not being taught by anyone else. This should be required reading for anyone that is serious about not outliving their money.

In 1996 I attended a seminar where I was first inroduced to Mr Grangaard's investment strategies. I attended another seminar in 1999. I've been strongly impacted, have used the material, and am succesful because of the strategies he teaches. I'm not surprised at all that a top New York publishing company saw fit to invest in getting Paul Grangaard's message out. I'm glad to see it.