The New Savage Number

The New Savage Number

How Much Money Do You Really Need to Retire?

Paperback - 2010
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Nationally known personal finance expert Terry Savage helps you answer the most important retirement questions

During a time when looking to the future is more important than ever, author Terry Savage offers street smart advice for the many soon-to-be retirees wondering how much longer they will have to work to make up for the losses in their retirement accounts. The New Savage Number provides the strategic guidance and hands-on techniques necessary to plan a successful, satisfying retirement.

Throughout the book, Savage helps you figure out how much money you need to retire-your savage number-and how to invest to reach that goal. Then, as retirement looms, she guides you through the process of planning withdrawals so the money lasts your entire lifetime. In between, Savage offers practical advice on everything from getting personal finances organized to insuring retirement plans against the disastrous need for long-term care. An informative, engaging book that future retirees of every age can utilize, The New Savage Number

Contains updated chapters reflect the current economy including changes to the mortgage market and stock market performance Takes issues such as social security, long term insurance, and new investment risks into consideration Offers guidance on continuing to earn income in retirement

Written with every retirement bound individual in mind, The New Savage Number, Second Edition provides you with the tools needed to rescue your retirement.

Publisher: Hoboken, N.J. : Wiley, c2010.
Edition: 2nd ed.
ISBN: 9780470538760
0470538767
Characteristics: xvii, 296 p. : ill. ; 23 cm.

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KatherineHere
Feb 19, 2016

"The number," how much you will need each year till you die, she recommends hooking up with a financial-planner type to figure it out for you. Otherwise, this book is the standard fare, i.e., not taking into account the new economic reality; such as, your interest won't really compound anymore, while your principal is eaten away by inflation. The solution, of course, is to keep working till you keel over.

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