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What Color Is Your Parachute? for Retirement: Planning Now for the Life You Want Paperback – May 1, 2007


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Product Details

  • Series: What Color Is Your Parachute? for Retirement
  • Paperback: 263 pages
  • Publisher: Ten Speed Press; 1st edition (May 1, 2007)
  • Language: English
  • ISBN-10: 1580087116
  • ISBN-13: 978-1580087117
  • Product Dimensions: 9 x 6.1 x 0.7 inches
  • Shipping Weight: 1 pounds
  • Average Customer Review: 4.1 out of 5 stars  See all reviews (30 customer reviews)
  • Amazon Best Sellers Rank: #825,113 in Books (See Top 100 in Books)

Editorial Reviews

Review

"...seeing the future you'd like to have decades down the road and being shown ways to walk toward it. -- Better Investing, July 1, 2007

"A useful, practical roadmap for anyone thinking about retirement, no matter how distant." -- USA Today

"Filled with exercises and resources on such matters as making lasting friendships, evaluation medical treatment plans and finding the ideal place to settle down." -- Employee Benefit News

"The idea that leisure activities alone can produce an enjoyable retirement is more than half a century out of date." -- Bottom Line Personal

³...like the original Parachute, a good blend of readable advice and inspirational big-picture thinking.² -- Kansas City Star, June 12, 2007

³a useful, practical roadmap for anyone thinking about retirement, no matter how distant.² -- USA Today, May 29, 2007

From the Publisher

* A retirement planning guide for all career stages, inspired by the world's best-selling career book.
* Introduces the Retirement Well-Being model, which is already being used for educational programs covering millions of employees in government, corporate, and nonprofit settings.
* Practical exercises, illustrations, and print and Internet resources throughout.

More About the Authors

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most people retire with the idea that they will relax and enjoy themselves the rest of their lives.
Chuck Yanikoski
Taking a few things out of context from what we've covered so far might seem unfair, but I'll do it anyway to show some other weaknesses of the book.
George Fulmore
Optimizing the "three dimensions" of retirement is your goal, and the book gives you several tools to help you through this planning process.
T. Nuckles

Most Helpful Customer Reviews

158 of 187 people found the following review helpful By George Fulmore on June 11, 2007
Format: Paperback
Having read and reviewed quite a few books on retirement, I was excited about getting a copy of "What Color is Your Parachute? For Retirement," by Richard Bolles and John E. Nelson. The original "Parachute" book has sold millions, and has stayed popular for decades. Hopefully, the "Parachute" format would map successfully over, and add new insight into the advice, to date, on a life in retirement.

But we're off to a bad start in the first of two introductions, when Richard Boles pretty much tells us that he did not write the book. And, even worse, he comes right out and tells us that he hates the word "retirement." To him, he says, it implies "being put out to pasture"...and a "'disengagement' from both work and life, as one patiently - or impatiently - waits to die."

What a God-awful statement for a supposed co-author of a book on retirement to make. The guy sounds like he hates the concept of retirement from the start. But I think things only get worse when we're encouraged several times within the book to read the original version of "Parachute." Geeezzz! Is this new book really "For Retirement," as we have been led to believe? Or is it more of an advertisement for the original book?

But, let's move on. Now that we know that Bolles didn't write the book, we can explore what author John Nelson has to say, starting with HIS introduction. Here, he tells us that the book is not a finance book, or a book on health or psychology. It could be, he says, seen as an introductory seminar...or an advanced seminar. And, get this, he tells us that the book should be useful to "people of all career stages... Whether you're just starting your career or already retired....
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24 of 26 people found the following review helpful By T. Nuckles on May 29, 2007
Format: Paperback
In terms of a comprehensive approach to retirement planning, this book is truly The Missing Link. Every other book on retirement I have read has focused on just the economics -- personal financial planning. The authors of Parachute address financial planning, but go far beyond it to emphasize the less-tangible aspects of preparing for and then living in retirement. The book helps you understand who you are now, and then helps you determine how your personal attributes can create an optimal retirement. Optimizing the "three dimensions" of retirement is your goal, and the book gives you several tools to help you through this planning process. The intangibles will directly affect your fulfillment in retirement, and indeed will affect your financial needs, as well. I now realize that financial planning for retirement is improved when one uses this comprehensive approach.

I wish this book had been available 10 years ago. If you are starting planning for your retirement, read this book FIRST. It will give you a great roadmap. You can then turn to other resources as needed to fill out a particular aspect of your retirement plan. The book cites many valuable resources. I can definitely recommend this book to those interested in a holistic approach to retirement planning, one that goes beyond the typical dollars-and-cents approach.
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41 of 48 people found the following review helpful By Amazon Customer on June 21, 2007
Format: Paperback
What a great book! It really ignites new thoughts about retirement planning. Whether already in retirement, not there yet, or just starting a first job, this book shows that retirement is an entirely separate life stage that requires some careful thought and planning. As someone who has worked in the retirement field for over 20 years, this is a message that both young and old need to hear and by taking the approach suggested in the book, it can be a great help in deciding how much needs to be saved to support a retirement lifestyle.

I'm one of those people who are "kind of" retired, but still working and I'm not alone. Studies show that between 60% and 80% of retirees and pre-retirees today are planning to continue some type of "work" - whether for pay or volunteering - well into their retirement years. The reasons for working are generally because the retiree is bored, needs a social network and/or wants to add some purpose to their life.

Unfortunately, most people don't have a clue about how to actually plan for what their retirement lifetime will be like or even think about what their "dream retirement" is. What this book does is offer an approach that will let you picture your future and help you plan how to get there.

What I found really great about this book is that it is more than just something to read. I was able to complete the exercises/worksheets and really learn something about me and what I want to get out of my retirement years. It gave me a whole new perspective about what I can do when I "grow up" and really retire.

Will this book be for everyone? Maybe not. (I really disagree with the last reviewer, though.) If you already know what your retirement life will be like, you probably aren't looking for a book about retirement.
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14 of 15 people found the following review helpful By Steve Juetten on July 17, 2007
Format: Paperback
As a Certified Finanicial Planner®, I counsel people in all phases of life including those who are thinking about, getting close to and experiencing the "retirement" phase of their lives. "What Color Is Your Parachute for Retirement" is a must read for anyone who is thinking about retirement or helping others prepare for this phase of their life. While I like the entire book and found virtually all of it useful, there are two parts I like best. First is the simple structure that the authors provide to think about the myriad issues in retirement. The three part structure of happiness, prosperity and health provide a way to look at retirement piece by piece so as to not overwhelm and yet touch on the important topics. My second favorite part of this wonderful book is the section on "Where in the world will you retire?" I've read numerous retirement planning books, but this is the best treatment on this key subject that I've come across.

Everyone for whom retirement is relevant will find useful information, suggestions and resources in this book to help them plan and execute their own retirement journey. My hats off to the authors for a job well done. Thank you.
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