What to Do with what You've Got

About

Abstract: A guidebook aimed at people planning for retirement provides suggestions for establishing short-term and long-term financial game plans for retirement and for developing money management skills. Information is provided on how to seek and evaluate the advice of key professionals, such as lawyers, accountants, insurance and real estate agents, bankers, and brokers. Topics include: identifying personal goals for retirement activities and financial needs; assessing net worth and assuring a positive cash flow; the pros and cons of staying put vs. selling, buying and moving; the revolution in savings strategies (including stocks, bonds, life insurance, US securities, annuities, IRA's); cautionary financial risks; working after retirement; health assurance; principal budget biters; cautionary aspects of credit and debt; tax reductions; and estate planning. A glossary of financial terms is appended. (wz).