The Retirement Myth: What You Must Know to Prosper in the Coming Meltdown of Job Security, Pension Plans, Social Security, the Stock Market, Housing Prices, and More
| Author | : | |
| Rating | : | 4.43 (709 Votes) |
| Asin | : | 0060927372 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 0000-00-00 |
| Language | : | English |
DESCRIPTION:
Crammed with practical, specific advice on what skills readers should develop, what investments to make, and even how to expand their consciousness, this is a user's guide to the future.. This galvanizing manifesto reports on the coming collapse of the "retirement state" and provides useful guidance on how to thrive in the new world
It will even have an advantage in the coming "wisdom economy," since it will be better educated than the next generation. The shrinkage of Social Security, the collapse of the pension system, and the decline of the housing and stock markets will herald a "Great Depreciation" that will throw masses of Americans into the streets. When this generation grows older, it will be much healthier than today's seniors, and, due to the coming job surplus, will be able to work much longer before retirement. . It may be the most valuable piece of life insurance readers may ever own. Crammed with practical, specific advice on what skills readers should develop
Gloom and Doom A Customer Although much of the information is now out of date, (published in 1995) the author is trying to emphasize the sad state of retirement planning among baby boomers.-Your 401(k) and stocks are going to be in the dumper-You will get little to no Social Security-You will likely not have nearly enough pension money-You'll probably have to work well past your anticipated "retirement age"I believe that there will be ups and downs, but to preach this gloom and doom makes for very depressing reading. Those that have not been saving already know they're in for some hard times. Heck, if I were one who hadn't been sav. A realistic wake-up call to the "Boomer" generation! FREEDOMLink@juno.com As a Financial & Retirement Planner for over 15 years, I can attest that Mr Karpel's book is a very realistic portrayal of financial things to come. This book should be required reading for both the "baby boomer" and "X'er" generations!. RETIREMENT IS A MYTH, BELIEVE IT OR NOT Embrace the inevitable future by taking action today. This book further expanded my thinking when it comes to the subject of "retirement".