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Last Chance Financial Planning Guide: It's Not Too Late to Plan for Your Retirement If You Start Now
 
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Last Chance Financial Planning Guide: It's Not Too Late to Plan for Your Retirement If You Start Now [Paperback]

Anthony Spare (Author), Paul Ciotti (Author)
5.0 out of 5 stars  See all reviews (1 customer review)


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Book Description

March 5, 1997
"Baby-Boomers" know that Social Security and company pension plans will probably not provide sufficient income to support them in their golden years— especially not in the style they would like. What can one do to ensure a comfortable retirement?

Written specifically for those over 40, the Last Chance Financial Planning Guide provides vital investment strategies and key information for playing catch-up. Author and expert financial advisor Anthony Spare leads readers through the pitfalls of retirement, advocating taking personal responsibility and staying on top of such topics as inflation, tax rates, asset allocation, and investment returns— all of which critically influence portfolios. Sections cover:

• How Much Do You Need to Retire?
• Spare's Cheap-Stock Strategy
• Disregarding Noise, Understanding Time
• Formulating Your Personal Investment Philosophy
• Calculating Risk, Overcoming Fear

Spare takes readers from worry and regret to actively planning a comfortable retirement program. He tackles every challenge the late-starter faces, explaining in clear and simple terms how to determine retirement income needs and begin making it happen— today.

About the Author
Anthony E. Spare,
a financial advisor to individuals and institutions for more than thirty years, is the cofounder, chairman, and chief executive officer of Spare, Kaplan, Bischel & Associates, a San Francisco investment firm managing funds in excess of $2.5 billion.
Paul Ciotti is an author and journalist who has written about economics, politics and culture.

Editorial Reviews

Review

"Only about three new (investment) books per decade are worth reading. This is definitely one of those three..."

— Kenneth L. Fisher, Chairman, Fisher Investments Inc.
and Forbes magazine "Portfolio Strategy"comlumnist

From the Inside Flap

"Baby-Boomers" know that Social Security and company pension plans will probably not provide sufficient income to support them in their golden years— especially not in the style they would like. What can one do to ensure a comfortable retirement?

Written specifically for those over 40, the Last Chance Financial Planning Guide provides vital investment strategies and key information for playing catch-up. Author and expert financial advisor Anthony Spare leads readers through the pitfalls of retirement, advocating taking personal responsibility and staying on top of such topics as inflation, tax rates, asset allocation, and investment returns— all of which critically influence portfolios. Sections cover:

• How Much Do You Need to Retire?
• Spare's Cheap-Stock Strategy
• Disregarding Noise, Understanding Time
• Formulating Your Personal Investment Philosophy
• Calculating Risk, Overcoming Fear

Spare takes readers from worry and regret to actively planning a comfortable retirement program. He tackles every challenge the late-starter faces, explaining in clear and simple terms how to determine retirement income needs and begin making it happen— today.

About the Author
Anthony E. Spare,
a financial advisor to individuals and institutions for more than thirty years, is the cofounder, chairman, and chief executive officer of Spare, Kaplan, Bischel & Associates, a San Francisco investment firm managing funds in excess of $2.5 billion.
Paul Ciotti is an author and journalist who has written about economics, politics and culture.


Product Details

  • Paperback: 240 pages
  • Publisher: Prima Lifestyles (March 5, 1997)
  • Language: English
  • ISBN-10: 0761508368
  • ISBN-13: 978-0761508366
  • Product Dimensions: 8.4 x 5.5 x 0.7 inches
  • Shipping Weight: 10.4 ounces
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Best Sellers Rank: #1,441,314 in Books (See Top 100 in Books)

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10 of 10 people found the following review helpful:
5.0 out of 5 stars Investment Advice And Counsel You Can Use, March 3, 2000
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This review is from: Last Chance Financial Planning Guide: It's Not Too Late to Plan for Your Retirement If You Start Now (Paperback)
Mr. Spare is a investment advisor who takes the long view. He presents his ideas in very simple language that both novice and experienced investors can use. Chapter 1 and 2 alone are worth the price of admission. Chapter 1 (The New Face Of Retirement) presents the case for continuing to work, save, and invest because of the simple fact that we will live longer and that experience counts in the marketplace. Chapter 2 (How Much Do You Need To Retire?) demonstrates that a million dollars today isn't what it used to be, and that inflation is a deadly force, especially for those trying to maintain a reasonable lifestyle. Chapter 6 (Disregarding Noise, Understanding Time) offers sound advice on not paying any attention to the noise in the marketplace, especially in these times of CNBC and CNN. The rest of the book is icing on the cake. The key is to read widely, have an independent mind, and develop a focused portfolio. There are only a few books that one needs to invest successfully--this is one of them. Mr. Spare's book is one that every sensible investor should read once a year. It clears the mind wonderfully. Read it and read the classic by Charles D. Ellis (Winning The Loser's Game) and you will be miles ahead of the competition.
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