If you are looking to head into retirement with a well stocked bank account, listen up. Today I’m going to highlight five books you can read that will help you kick start your savings routine.
I read about this list on Time.com, and felt it was worth sharing and putting my own perspective on. By all means, this isn’t the end all, be all list of books you should read, but it’s a tremendous starting point.
Five Books to Read About Retirement
The first thing you should know about retirement is that while you are able to pull out some social security money at 62, you should really think twice about having that age as a “set in stone” time to retire. Since longevity and aging has changed quite a bit, most people should wait until age 70 to retire, says Suze Orman, the personal finance expert.
I know some of you are thinking “that’s way too late,” this is simply a general rule of caution. Some of you will be able to retire sooner.
With that said, here is the list of five books that you should definitely have a look at:
#1: Your Retirement Quest – 10 Secrets for Creating and Living a Fulfilling Retirement
Learn the importance of work – life balance and see how the author puts that into retirement planning. This features interviews with real life retirees.
#2: The Mindset Retirement: How I Retired at 55 With no Money
This book is entirely different from other readings you’ll find. It’s by a “non expert” and highly unconventional.
#3: Pensionless: The 10 Step Solution for a Stress Free Retirement
The author covers Medicare, Social Security, and employer-sponsored retirement plans, while showing how to spend money post-retirement.
#4: Rescuing Retirement: A Plan to Guarantee Retirement Security for All Americans
This is the #1 new release in it’s category on Amazon.com as of January of 2018!
#5: The Longevity Economy: Unlocking the World’s Fastest-Growing, Most Misunderstood
Called a “Strategy Guide” by Time’s piece referenced above.
These are all great reads, even if you find yourself in the 55 – 65 age range. Armed with this information, you have plenty of reading ahead of you. Knowledge is wealth, especially in 2018!
Next, I’ll have a round up of books on individual retirement plans.
About Tim Schmidt
Tim Schmidt is an Entrepreneur who has covered retirement investing since 2012. He started this website to share his expertise in using his Self-Directed IRA. Most recently he's been advising individuals to diversify into precious metals ahead of a certain recession. He invested with Goldco.