Customer Reviews

Kiplinger's 12 Steps to a Worry-free Retirement

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This book will help you make sure there's enough money to enjoy those 20 or more "golden years," once you stop working. Learn to estimate your needs, manage your investments and debts, and monitor your retirement plan's "pulse." Includes ways to get the most out of 401(k)s, Keoghs, IRAs, and early retirement -- while you avoid pension-payout traps.

This book lays out what you need to know about planning your retirement using easy to understand text and charts. The chapter I liked best was: Step 12 Monitor Your Retirement Plan's Pulse, I think its a good idea to read this chapter first.

The author outlines strategies to increase your retirement
income. He advises us to study the top plans in industry and
then to try customizing the successful elements of the top
plans into our own investment program. He indicates that
fast growth in overseas markets could benefit our own portfolio.
The author cautions that an early retirement could deprive us
of the maximum social security allotment. He praises the Keogh
plans for providing fully taxable contributions now. The overall
thrust of this book is excellent. I would supplement it with
investments in real estate to maximize cash flow in the
retirement years. If you don't own a house now, buy one.
If you already own a house, make the sacrifice to buy another.
The added cash flow from a second home will more than supplement
your future social security check. There are many programs
out there which deal with real estate accumulation. The
Carleton Sheets Program "Nothing Down" is an excellent source
for purchasing real estate. Dave Del Dotto is another good
source. Matthew Lesko has books out there which show you how
to maximize government grants to accumulate wealth.

This work is a solid value for the price charged. As mentioned
above, I would supplement this work with real estate investments.
The United States Government, the States and local municipalities
are doing more to get people to purchase their own homes than
at any other time in our history. Interest rates are at an historic low level. Good luck and utilize all of these tools
to maximize your own personal portfolio of investments.