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What Color Is Your Parachute? For Retirement
Book

What Color Is Your Parachute? For Retirement

Planning Now for the Life You Want

Richard N. Bolles and John E. Nelson
Ten Speed Press, 2007

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Editorial Rating

8

Qualities

  • Applicable

Recommendation

Like most aspects of modern-day society, retirement is not what it once was. In the past, workers could count on generous pensions from the companies where they spent their adult lives. They supplemented these funds with personal savings, along with Social Security payments that kicked in much earlier than they do today. How things have changed! In today’s harsh, dog-eat-dog world of corporate downsizing, pensions seem almost archaic. Americans’ overall savings rate is an embarrassing negative figure and Social Security is going broke. People who are planning for retirement have little leeway for error or indecision. Now, more than ever, you need good, solid information, including this selection of criteria and checklists, to plan your retirement adequately. Richard N. Bolles and John E. Nelson can help. getAbstract rates their book highly for its comprehensive, thoughtful overview of the particulars of retirement planning, especially concerning financial matters. Read their book to learn what a serene, intelligent retirement requires. For the majority of today's workforce, few personal or lifestyle planning topics will ever be more critical.

Take-Aways

  • The Baby Boomer generation is sure to reshape retirement radically.
  • Historically, retirement income has been based on savings, pensions and – in the U.S. – Social Security payments.
  • Major problems now affect all these bulwarks.

About the Authors

Richard N. Bolles is the author of the bestseller What Color Is Your Parachute? He is an influential leader in the career-planning field. John E. Nelson is an expert in retirement planning.

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