Retire Rich: The Baby Boomer's Guide to a Secure Future (Hardcover)

~ (Author) "If you are a member of the baby boom generation-those 76 million Americans born between 1946 and 1964-you are probably starting to think seriously about..." (more)
Key Phrases: retirement income goal, asset allocation plan, target benefit plan, Social Security, Wall Street, United States (more...)

Editorial Reviews

Amazon.com Review

While once declaring it would never trust anyone over 30, the baby boom generation is now marching inexorably toward retirement. And, true to form, it is generally underprepared for the financial realities that lie ahead. In Retire Rich, Bambi Holzer comes to the rescue with a solid introduction to the basics for the uninitiated thirty- or fortysomething who recognizes that retirement planning should really be well underway by now. Through illustrations and a series of questions and worksheets, Holzer helps readers determine the amount they must put away to meet their individual future needs. She then introduces the various savings and investment strategies that can be used to realize those goals. "We know retirement will be completely different for us than it was for our parents. Corporate pensions have changed. Social Security, if we get any at all, won't be enough. And most of us haven't saved as much as we should have," Holzer writes. Her book gets the ball rolling by explaining, in simple language, the difference between various retirement plans, the mechanics of stock and bond markets, the mysteries of mutual funds, and the best ways to combine them all into a nest egg for the not-so-distant future. --Howard Rothman --This text refers to the Paperback edition.

Product Description

Enjoy the retirement you dream of—this remarkable new book shows you how to take control of your financial future now!

"With Bambi's help and advice, a person truly can plan successfully for a secure retirement. Every baby boomer will benefit from reading this book." —Donald A. Connelly, Senior Vice President, Putnam Investments.

"Entrepreneurs lose sleep worrying about managing their money every night. Bambi Holzer's readable book provides clear, in-depth strategies for managing your personal funds, pensions, and investments." —Jane Applegate, author of 201 Great Ideas for Your Small Business.

"If you're starting to think about investing for retirement, follow this clear, easy-to-understand road map to financial survival. Whether you're just doing your homework or actively saving for the future, this guide will help you become more $avvy faster. Don't invest without reading Bambi Holzer's book first." —David Horowitz, consumer advocate, Fight Back! Productions.

"An accurate and practical resource, easily understandable by nontechnical readers—boomer or not." —Dennis Duitch, Senior Partner, Duitch, Franklin & Company, LLP.

"I've always been most impressed with the way Bambi understands the nuances of the overall retirement picture. She's able to give valuable input on any related matter. And this book proves it. It's an easy read, and understandable too. Even for a baby boomer CPA like me!" —Martin E. Fox, CPA, Bernstein, Fox, Whitman & Company LLP.

Retire Rich gives you all the information and guidance you need to start a disciplined program of planning, saving, and investing for retirement right now. Written specifically for the unique needs of the baby boom generation, this practical, nontechnical guide shows you how to take action that can mean the difference between a comfortable retirement and just getting by.

What does retirement mean to you?

Will your retirement be a comfortable and enjoyable new stage of adulthood, or a time of uncertainty, strict economizing, and reduced options? As retirement planning guru Bambi Holzer explains, the choice is yours—but the time to act is now, while you're still earning a steady income.

Written by a baby boomer for baby boomers, Retire Rich addresses the unique concerns of the generation that will not have all the safety nets of the past. This realistic, down-to-earth book spells out the steps you can take right now to secure the retirement you want, rather than one you might get stuck with.

Retire Rich gives you the information you need wherever you are in your current investment planning. If you're starting late, you still can make up for lost time by taking advantage of tax-sheltered retirement programs and by careful monitoring of your investment assets. If you're off to an early start, you'll find the necessary motivation to keep setting aside money to increase your investment options and achieve true financial security much sooner than you may have thought possible.

In clear, nontechnical terms, Retire Rich takes the fear and mystery out of planning, saving, and investing for the future. Step by step, it helps you overcome inertia and guides you through the process of building a secure retirement. You will learn how to:

• Realistically visualize how you want to live after you've retired
• Accurately estimate—in dollars and cents—your retirement expenses and income needs
• Determine how much you need to save to meet your goals
• Make the most of retirement plans and customize a plan that is right for you, using IRAs, 401(k)s, Keoghs, tax-deferred annuities, and company-sponsored plans
• Invest for retirement—manage asset allocation and master the fundamentals of stocks, bonds, Treasury bills, mutual funds, and more
• Monitor your assets to keep your retirement plan on track.

Enhanced by helpful charts, tables, and worksheets, Retire Rich offers you a golden opportunity to secure your financial future and enjoy the peace of mind that comes with taking charge of this very important part of your life.

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Product Details

• Hardcover: 240 pages
• Publisher: Wiley (March 19, 1998)
• Language: English
• ISBN-10: 0471247820
• ISBN-13: 978-0471247821
• Product Dimensions: 10.2 x 7.3 x 1 inches
• Shipping Weight: 1.4 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon.com Sales Rank: #2,474,512 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

10 of 10 people found the following review helpful:

5.0 out of 5 stars This book rates 10 stars!, October 8, 1998

By A Customer

I have always been intimidated by the language, numbers, and ins-and-outs of investing and retirement planning. The literature I have read in the past was always too technical and assumed I knew things I didn't. Well, for me, Retire Rich... could have been titled: Everything You Always Wanted to Know about Successfully Planning for Retirement But Were Afraid to Ask. This book provided me with in-depth, intelligent information that I have wanted and needed to help me make plans for my future in a very clear, non-threatening, easy-to-read style. I have gained so much knowledge and confidence from it! I plan to give copies of this book to my 30/40/50Something friends and family! Many thanks and cheers to the authors of this timely and informative book!

8 of 8 people found the following review helpful:

5.0 out of 5 stars insightful, May 3, 1998

By A Customer

My husband shared "Retire Rich" with me. Even though he has been in the financail services business for 20 years, I have to admit I never really understood all the concepts necessary to feel comfortable with what we have been able to save. "Retire Rich" led me through the maze of complex financial terms/concepts and explained them in words and examples that I quickly grasped. I found myself saying "I never knew that" or "I see" scores of times as I read through the book. I especially liked the style in which the book is written, it doesn't talk down or up to me. In a nutshell, "Retire Rich" answers questions that every spouse asks.