Customer Reviews

You've Earned It, Don't Lose It : Mistakes You Can't Afford to Make When You Retire

5 star:		(16)
4 star:		(7)
3 star:		(2)
2 star:		(1)
1 star:		(5)

 

 

I grabbed this book on impulse, knowing that I have a bad track record with money management subjects. I thought it would be laying around gathering dust for awhile...

Was I surprised when I started reading the first page and then plowed right through it in 1-1/2 nights! So easy to read and understand. (The Wall St. Journal series, with all their glitzy colored pictures couldn't do what Suze did with her real-life stories as examples.) Maybe it's the woman's touch, but she got through to me. The whole picture of retirement issues and planning became clear.

I highly recommend this as a first book for financial planning -- it's NOT JUST ABOUT RETIREMENT, it's more about protecting women by arming them with vital information... every woman should READ THIS BOOK BEFORE MAKING ANOTHER DECISION involving money (or before someone makes one for her).

Suze Orman wants to help you make the most of your money. In this book, it is not so much how to make more with what you have, but she wants you to keep what you have. This book walks through different scenarios and cases to show you how to do this.

As mentioned before, this is not to be read in one sitting. Orman begins each chapter with a testimonial from someone who has lost assets due to poor planning or bad circumstance. These stories will make you angry and sad. Reading them all at once will wear you out. Orman uses these scenarios to walk you through estate planning, wills, retirement, and benefits.

There is also a section on minimizing your expenses while maximizing your profits. This section has worksheets to help you visualize where you stand. Likewise, Orman is very good at giving specific examples to explain an idea to you. This is great, but read it a chapter at a time to allow the information to sink in.

I would recommend this book for everyone. These are things we all need to know.

I have recommended this book to countless children of aging parents. Mistakes made by others can be incredibly instructive and interesting to read. Orman has done well here to tell stories of such mistakes made by people not so unlike me and my friends. Such stories could draw in even the most reluctant of financial readers. I get the sense that many of my friends would rather perish than read about money management, but the stories in this book grab you! You want to keep reading just to find out how to avoid skipping blissfully and ignorantly down the same path.

People spend their entire lifetimes working to amass wealth, but forget about protecting it. I bump into people every day who still think a will is enough---ENT! I also recommend Financial Self Defense and More Wealth without Risk by Givens. Suze's book is newer, but Givens offers techniques that work well with the information in this book.

We believe this book is invaluable. Everyone can benefit from Suze's advice regardless of whether you are now retired or planning for your retirement. Suze addresses pitfalls most people may not be aware of and how to avoid them. Contains great estate planning advice. Everyone should read this book to safeguard what we've worked so hard to obtain and ensure our estates are passed on the way we intended.

This book was so imformative even though I am no where near approaching retirement. I am in fact entering college, and I still found this book interesting. I was introduced to the difference between a will and trust, long-term life care, and the rights of survivorship and gifting. This was an east read to start familarizing myself with these terms and ideas. I know for a fact now that I will need to either read this book again later in my lifetime, or research retirement even more. This has inspired me, and even my parents to investigate all aspects of retirement.

Superbly written. Easy to read. Explains, in simple terms, trusts, investments, estate taxes, and things you MUST know as long before you approach retirment. Lays out some things you can't afford not to do. Best $10-$15 you ever spent. Could return payment in thousands.

I grabbed this book on impulse, knowing that I have a bad track record with money management subjects. I thought it would be laying around gathering dust for awhile...

Was I surprised when I started reading the first page and then plowed right through it in 1-1/2 nights! So easy to read and understand. (The Wall St. Journal series, with all their glitzy colored pictures couldn't do what Suze did with her real-life stories as examples.) Maybe it's the woman's touch, but she got through to me. The whole picture of retirement issues and planning became clear.

I highly recommend this as a first book for financial planning -- it's NOT JUST ABOUT RETIREMENT, it's more about protecting women by arming them with vital information... every woman should READ THIS BOOK BEFORE MAKING ANOTHER DECISION involving money (or before someone makes one for her).

I first read Suze Orman's philosophies on taking charge of your finances in 1999 and she struck enough of a chord in me that I am now in a different place wrt my money than I was then.

And, I'm closer to retirement and possibly an early one (51), if I can afford it. In any case, I need to evaluate all my options and once again, she helped me get there quickly (Chapter 6 Early Retirement).

She's also convinced me that a Trust is the way to go, so that's the next step. I also made a multi tab spreadsheet of all the tables she references throughout and now have a pretty good snapshot of my net worth.

Her discussions are very numbers-based, but the personal anecdotes woven throughout each chapter really drove the messages and kept it from being too dry.

Her earlier books emphasize Long Term Care insurance, as does this one. I am not a big believer in lots of insurance, but that's one of the expense items we have to keep in.

Practical, no-nonsense, must-read financial advice...couldn't put it down once I started.

I have just started reading this book and find the chapters I thought I didn't need holds info I really needed. Suze is awesome and tells you like it is. You can't afford to retire and not read this book.

There isn't much out there for 'average' retirees. Suze is probably the next best asset next to being independently wealthy and able to lo$e it and not not worry.

Thank you Suze.