A summary of things you should know about How Much Money Do I Need To Retire? according to Todd Tresidder: Introduction In this episode personal finance expert, Todd Tresidder takesRead More
The post A Preview of How Much Money Do I Need To Retire with Todd Tresidder appeared first on The Entrepreneurs Library.
]]>In this episode personal finance expert, Todd Tresidder takes a deep dive into his book, How Much Money Do I Need To Retire?, where he shows you how to start your retirement savings.
In his book Tresidder argues that the conventional approach to retirement planning is flawed and reveals a much more stable formula for calculating the amount you need to save for retirement. The goal of the book is to teach you ways to spend less while improving your life, how to reduce the amount you need to retire, 3 models for estimating your retirement needs, and how to not run out of money.
This book is perfect for entrepreneurs who are within 5 – 7 years of retiring and need help figuring out exactly what it will take to ensure they are financially safe for retirement.
Most books about this topic come at it from an assets approach. Although I think that’s important, that’s only a small portion of what’s to be learned.
It’s designed to be read from front to back because I start with the traditional model and then I explain alternative models.
I want the reader to understand that there is no magic number. You need to recognize that everything is an estimate and your retirement planning is an iterative process, it’s worth doing to get a generalized goal but understand that it’s a range of outcomes. There is no definitive number and you will work with your retirement number throughout your retirement as numbers come in.
The whole first half of the book is all about the traditional model but I take it a whole cut deeper. So you start with the traditional approach which is using the retirement calculator, you plug in all these assumptions, but then I take you through the assumptions one by one and explain why they can’t be made properly. For example one of the assumptions is life expectancy, nobody knows when they are going to die that’s an impossible assumption to make. Or an investment return, nobody has any idea what their investment return will be over the next 30 years, it’s a guess at best. So I go through these assumptions one by one and I help you create a range of viable values and help you to understand how to work with that assumption in a constructive way.
From there we build a confidence interval using a traditional approach called The Assets Base approach.
Then the book goes through what I call Lifestyle Planning for Retirement and this is where you can start having breakthrough results. And the whole premise here is that for every one thousand dollars per month you spend in retirement, it requires anywhere from three hundred to four hundred thousand dollars in assets to support it. You will find that there are a lot of different ways in which you can redesign your life so it can be every bit as fulfilling or more fulfilling at a fraction of the cost. This is what I call Lifestyle Planning around retirement and it’s a great way to make ends meet if they don’t already.
In the third part of the book we discuss what I call Cash Flow Base Retirement Planning. In this second I point out that really retirement or financial independence at any age is about cash flow exceeding expenses. So then we go into cash flow base models and it’s a complete turnaround in the approach to retirement planning.
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 06:28
“The only function of economic forecasting is to make astrology look respectable.” – John Kenneth Galbraith
I have a background in hedge fund investing. I came out of college and I had a crazy idea that I could make money from investing statistically or mathematically without actually knowing the investments themselves. My two icon investors were my professor and father and they both told me it wouldn’t work but despite their opinion I was sure it would and I was right. I was one of the early pioneers of the hedge fund business and so I was able to “retire” at age 35. After retirement I decided to take the knowledge that I had and share it with others. This led me to build a company called Financial Mentor which is an advanced education website that is geared around wealth building. This website is focused on people who are past the basics and ready for the next step.
The inspiration was my coaching clients. Since I was coaching people on how to build wealth the number one question was how much money do I need and so I wrote the book on this subject because nobody else had done a proper job at it.
The War of Art by Steven Pressfield
Buy How Much Money Do I Need to Retire by Todd Tresidder on Amazon today
Visit FinancialMentor.com to learn more about Todd and his work
Follow Todd Tresidder on Linkedin and Twitter
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
You Can Retire Sooner Than You Think by Wes Moss
The 5 Years Before You Retire by Emily Guy Birken
Get What’s Yours by Larry Kotlikoff
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of How Much Money Do I Need To Retire with Todd Tresidder appeared first on The Entrepreneurs Library.
]]>A summary of things you should know about Get Rich with Dividends according to Marc Lichtenfeld: Introduction In this episode Marc Lichtenfeld takes a deep dive into his book GetRead More
The post A Preview of Get Rich With Dividends with Marc Lichtenfeld appeared first on The Entrepreneurs Library.
]]>In this episode Marc Lichtenfeld takes a deep dive into his book Get Rich with Dividends, where he shares his investing strategy for achieving double-digit returns.
In his book Lichtenfeld provides a systematic approach to finding stocks with high returns, structuring your investments for better financial security, and setting up your investments with little maintenance. The goal of the book is to help you achieve double-digit returns annually, become worry-free about your investments, and increase your returns even when the market is low.
This book is perfect for entrepreneurs who are interested in dividend investing, but are searching for low risk investments that require very little maintenance.
This book was really written for novice to medium level investors. If you are a very active investor and an expert in it, it will certainly open your eyes to some new ideas but it’s really written for the person that doesn’t have a lot of time. It gives you actionable items that people can take in order to setup portfolios that will keep up with and beat inflammation over the long-term.
If you have the basic understanding of what dividends are and why they are important than you can start in the middle of the book where I talk about how to go over a portfolio and how to setup the system. The first part of the book is a basic understanding of dividends, landscaping, and how it all works.
It would be that if you invest in these stocks for the long-term using this strategy you are going to get to where you want to be financially. It’s not just a theory but rather a system that works.
In the beginning of the book we start off talking about all you need to know about dividends. I talk about how much these stocks have outperformed over history. You are taking a long-term look at the stock market so it’s not just 10 to 15 years but really looking back over almost 100 years. I give example stories of companies that have raised their dividend every single year no matter what is going on.
I also talk about how boring dividends can be but how they do consistently outperform the market year after year because they are increasing the dividend.
I talk about the system and the portfolio, how to setup, the kinds of stocks we are looking for, what the variables are for these stocks. You will know how to look at the market and different variables and find out if that particular stock will qualify for that system.
Towards the end of the book I go into other topics like dividends reinvestment plans and how you can do it directly through the company, foreign stocks, and taxes.
I also have a glossary for anybody who isn’t too familiar with investing. But Like I said it’s written for novice to medium level investors so it’s not going to be too difficult even if you have very little experience in investing.
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 07:50
“A bear market can be your best friend.” – Marc Lichtenfeld
I am the Chief Income Strategist at The Oxford Club and the Editor of The Oxford Income Letter. I am a former Wall Street Analyst, left the dark side and came over to work with subscribers and individual investors rather than Wall Street.
There were a few; one of them was the great reception in 2008-2009 and seeing people get hurt so badly in the markets. They were getting out at the wrong time and not getting back in at the right time. I wanted to help investors find a way that they could sleep at night even during difficult market periods and continue to make money. I also wanted to create a system where not only could they invest well but also find a way to ensure that their lifestyle that they worked so hard for does not deteriorate due to inflation.
Contrarian Investment Strategies by David Dreman
Buy Get Rich with Dividends by Marc Lichtenfeld on Amazon today
Visit GetRichWithDividends.com to learn more about Marc and his book
Visit OxfordClub.com to read all about the Oxford newsletter
Follow Marc Lichtenfeld on Facebook and Twitter
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
The 3% Signal by Jason Kelly
Buy, Hold, and Sell by Ken Moraif
Get What’s Yours by Larry Kotlikoff
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of Get Rich With Dividends with Marc Lichtenfeld appeared first on The Entrepreneurs Library.
]]>A summary of things you should know about The 3% Signal according to Jason Kelly: Introduction In this episode Jason Kelly shares all the insights on his book, The 3%Read More
The post A Preview of The 3% Signal with Jason Kelly appeared first on The Entrepreneurs Library.
]]>In this episode Jason Kelly shares all the insights on his book, The 3% Signal, where he reveals a revolutionary investing strategy that will change your life.
In his book Kelly takes the stress out of investing by providing a simple formula that can be added to any type of financial account in order to help novice investors level the playing field. The goal of the book is to help you ensure a secure retirement plan, react intelligently to price changes, learn how to buy low and sell high, and understand the basic language that is utilized in the investing industry.
This book is perfect for entrepreneurs that are interested in increasing their personal wealth and are looking for a simple beginners guide into the world of financial investments.
It’s not a book that is trying to show you how to be smarter than everybody else. This system is based on history, based on a simple timeframe and it’s something somebody can manage with just 15 minutes of effort per quarter using only prices alone.
Reading the book front to back is the best way to go.
It’s that prices are all that matter. Ideas count for nothing and opinions are distractions. The only thing that matters is the price of an investment whether it’s below a level indicating a good time to buy or above a level indicating a good time to sell. We can know that level and this is a system that tells us.
The first chapter is called Why Markets Baffle Us and this is where I introduce a concept that comes throughout the book called Zero Validity Environment. This chapter looks at why it’s so hard for us to get financial markets right.
At the end of each chapter in the book I include an executive summary to review the key parts of the chapter the reader should obtain.
The next chapter is called Harnessing Fluctuation. Flat lines are not conducive to profit, we need rises and we need falls, and we need to use them intelligently. If we can’t predict them what can we do instead? All we want from a growth fund in our account is 3% per quarter and that’s what this chapter lays out.
Chapter three is titled Setting A Performance Goal and this shows the background on why I go with 3%. The reason it turns out to be a sweet spot is that annually it turns into 12.6% per year which is 26% more than the stock markets average 10% per year over the last 90 years or so.
Chapter four is titled What Investments to Use and this is where you find out why small companies are best for the growth side. This chapter also looks at why bonds are best to use for safety.
Chapter five is Managing Money in the Plan and this goes over some brass tacks of how to handle regular contributions to your funds.
Chapter six is called The Plan in Action and this looks at more brass tacks things such as what time of account you have, what types of funds are in there, and how to find the right ones.
The last chapter is called The Life of the Plan and this is where it all comes together in a look at three investors. These three investors are fictional people working at a fictional company but it’s a real life scenario that takes all three of them with identical incomes and 401k plans through a 50 quarter time period (12 and ½ years).
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 09:23
“The stock market is humanities money mind writ large. For many there is no greater distraction from life than the new cycle connected to financial markets. The more enlightened way to navigate the market is by letting it all go, reducing the chaos to a concise list of prices, visiting that list just four times a year, letting an unemotional formula tell you what the prices mean you should do, and then doing it. This higher state of investing not only performs better; it costs less and uses less of your limited time on earth.” – Jason Kelly
I started out writing for IBM at the Silicon Valley laboratory in San Jose California right out of college. I learned there to write about complex topics and I had a great editor there who really focused on surprising readers. Four years after working there I finally had enough income after writing books on my own about the stock market to leave IBM and become a fulltime freelance writer. So for the past two decades I have been writing about the stock market. I moved to Japan 13 years ago after being here on a book tour and falling in love with the place.
The inspiration was noticing friends and family that had been struggling with the stock market for years. Over the years for writing for people and helping them with their investments I came to realize that almost everything in the stock market is geared against the individual investor. This is hard for professional investors to get right much less the part-time investor. I wanted to give people a system that does work that doesn’t require any input from the media, beats the market in almost all pros over time, and is simple enough that anybody can do it. It’s the product of two decades of research and is the best practice I’ve been able to come up with.
The Interpretation of Dreams by Sigmund Freud
Buy The 3% Signal by Jason Kelly on Amazon today
Visit JasonKelly.com to learn more about Jason and his book
Follow Jason Kelly on Facebook and Twitter
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
Buy, Hold, and Sell! by Ken Moraif
The Millionaire Fastlane by MJ DeMarco
Get What’s Yours by Larry Kotlikoff
Relevant advice and tips:
5 Personal Wealth Management Tips For Financial Stability
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of The 3% Signal with Jason Kelly appeared first on The Entrepreneurs Library.
]]>A summary of things you should know about Buy, Hold, and Sell according to Ken Moraif: Introduction In this episode Ken Moraif reveals all his insights on Buy, Hold, andRead More
The post A Preview of Buy, Hold, and Sell with Ken Moraif appeared first on The Entrepreneurs Library.
]]>In this episode Ken Moraif reveals all his insights on Buy, Hold, and Sell where he shares his investment strategy that could save you from the next market crash.
In his book Moraif gives you very practical advice on the most effective investment strategies, the myths that surround stock investing, the benefits of diversified portfolios, and selling to protect your principle. The goal of the book is to help investors keep all their financial investments, know when to cash out, and prepare themselves for the consequences of a market crash.
This book is perfect for entrepreneurs who are seasoned business owners that are looking for an alternative financial system that will maximize their retirement funds.
There are very few other Financial Advisors that recommend that you actually sell. The vast majority believe in buy and hold. I spend a good part of the book talking about the myths that they propagate on the public about why you should buy and hold are actually myths.
I suggest the reader read it from front to back but if you want to get straight to the point you can just skip to the back and get my points on that.
The expression that I like is someone who is forewarned is worth two that aren’t. The concept that I want people to take from the book is that buy and hold are two legs of a three legged stool. You have to have a buy and hold strategy but more importantly you have to have a sell strategy because you haven’t made any money until you sell.
I believe that in order to capture the audience and keep their attention you need to be entertaining. The book is fun to read with humor and stories. Most importantly I go through all of the myths that people have heard and debunk them.
I go through four different investment selling strategies. For example one of them is Your Magic Number which is the amount of money you need so that you can now retire. In the book I have a worksheet that helps you to calculate what your magic number is and it’s so important that you defend that number. I also talk about how to use a trailing stop loss strategy, a trend analysis strategy. These strategies are mathematical and will work if you have the discipline and implement them.
I am a strong believer that you can’t just tell people what the problem is, educate them on why they should believe you, and then show them solutions, but you also have to give them the motivation and drive. So at the end of the book there is also a section that is basically a motivational talk to give you the courage to sell when the next Bear Market comes. And not to just sit there and buy and hold and watch half your money evaporate.
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 08:12
“You can be young without money but you can’t be old without it.” –Tennessee Williams
“The way you win the game of investing is by not losing.” – Ken Moraif
I am a certified Financial Planner; I’ve been practicing with clients for 27 years now. I run a firm that is one of the top 50 fastest growing financial advisor firms in the nation. And the last three years in a row I’ve been named one of the top 100 Financial Advisors in the nation by Barron’s Magazine.
The philosophy of buy and hold is one that has been around for a long time. My mom was an investor and we lived off of her investments and when I was a young boy I saw my mom win some and lose some depending on the market. So I never really believed in the philosophy of buy and hold and when I went into this business that’s what they teach you. And so I spent a lot of time trying to figure out how not to have my clients go through that experience and the strategy and philosophy that we developed is what this book is about.
The Secret by Rhonda Byrne
Buy Buy, Hold, and Sell by Ken Moraif on Amazon today
Visit MoneyMatters.net to learn more about the book and Ken’s videos
Follow Ken Moraif on Twitter and Facebook
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
Get What’s Yours by Larry Kotlikoff
You Can Retire Sooner Than You Think by Wes Moss
Make Money Live Wealthy by Austin Netzley
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of Buy, Hold, and Sell with Ken Moraif appeared first on The Entrepreneurs Library.
]]>A summary of things you should know about The 5 Years Before You Retire according to Emily Guy Birken: Introduction In this episode Emily Guy Birken takes a deep diveRead More
The post A Preview of The 5 Years Before You Retire with Emily Guy Birken appeared first on The Entrepreneurs Library.
]]>In this episode Emily Guy Birken takes a deep dive into her book, The 5 Years Before You Retire, where she reveals a comprehensive guide to planning your retirement early.
In her book Birken gives you a complete overview of retirement planning with simple strategies that explain how you can maximize your last years before retiring through conservative financial decisions. The goal of the book is to help you save money for your future, get the most value from your 401K, and maximize your current savings that is realistic for years to come.
This book is perfect for entrepreneurs who have a very basic understanding of what it takes to retire and need a simple yet comprehensive guide that will educate on the early steps of retirement.
The big thing is that I am focusing very specifically on the actions that the reader needs to take to be prepared.
For the people who don’t have a background in finance and who are just now thinking retirement for the first time, it makes sense to start on the first page and read through to the end. For those who have been saving for a while and feel like they got a good handle on some things, I would suggest jumping around to the part of the book that fits their needs best.
I would say to manage your expectations. It’s not bad to dream about all the things you want to do but you must remember that retirement cannot solve all your problems. You need to manage your expectations and find your contentment within yourself.
I have the book broken up into three parts. Part One is about the nitty-gritty of your finances for retirement. Part Two I call The Government Giveth and Taketh Away. And Part Three is Home, Family, and Other Considerations.
In the first part, The Nitty-Gritty of Your Finances, I start by helping you figure out how far away you are, how much money you have, and how much money you might need. I liken saving for retirement to be similar as starting a weight loss journey. The first thing you have to do is know where you are. So if you are starting a weight loss journey you have to first step on the scale and if you are starting a retirement journey you have to figure out how much money you have and how much you will need.
The first two chapters are all about figuring out what you can count on and how much you will need to live comfortably. And then the second chapter is all about maximizing your savings and your budgeting over the last few years before retirement.
The third chapter is about how to structure your income in retirement.
The fourth chapter is on how to find the right financial planner. I am a daughter of a financial planner and have a very rosie view of financial planning but I also want to make it clear that you need to be your own advocate in finding a financial planner. I go through all the different ways of what you need to do to find a financial planner that you can work with and trust including questions to ask.
From there I talk about what to expect from Medicare. There are a lot of potations for Medicare and it’s a little overwhelming so it’s a good idea to know what to expect before getting into retirement.
Finally, I talk about how to plan for healthcare options in retirement.
The final section, Home, Family, and other Considerations, I talk about what your housing options are in retirement and that includes staying in your home to moving into a retirement community. I also cover things like reverse mortgages and how that can work. I talk about family fortunes, how your retirement will affect your children, your grandchildren, and potentially your elderly parents.
I also talk about creating a budget on a retirement income.
The last two chapters I cover common retirement pitfalls and the 10 possible things you could do that would screw up your retirement. I go through what these common pitfalls are and show you how to avoid them.
Finally, I talk about what to do if you don’t have enough saved and what your options are in that situation.
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 04:28
“If you plan to retire you need to recognize that you can only count on your own actions.” – Emily Guy Birken
I am a Personal Finance writer; I write on the internet, on many different sites. I’m also an author and currently on my second book on retirement called Your Retirement Path.
I was frustrated by the fact that retirement planning books all seemed to focus on younger workers, those who are in their 30’s and 40’s. And then there are some books on stretching your budget for those who are already retired but there didn’t seem to be any guides available for that crunch time in those five years before you retire. I wanted to fill that gap for those who are looking at retirement in the very near future.
Your Money or Your Life by Vicki Robin and Joe Dominguez
Buy The 5 Years Before You Retire by Emily Guy Birken on Amazon today
Visit the personal website of Emily Guy Birken
Follow Emily Guy Birken on Twitter and Facebook
UPDATE: Stay tuned for Choose Your Retirement by Emily Guy Birken which is set to be available later in October 2015.
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
You Can Retire Sooner Than You Think by Wes Moss
Get What’s Yours by Larry Kotlikoff
The 30 Year Paycheck by sander Biehn
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of The 5 Years Before You Retire with Emily Guy Birken appeared first on The Entrepreneurs Library.
]]>A summary of things you should know about Get What’s Yours according to Larry Kotlikoff: Introduction In this episode Larry Kotlikoff takes a deep dive into his book, Get What’sRead More
The post A Preview of Get What’s Yours with Larry Kotlikoff appeared first on The Entrepreneurs Library.
]]>In this episode Larry Kotlikoff takes a deep dive into his book, Get What’s Yours where he reveals his secrets for maximizing your social security payments.
In his book Kotlikoff gives his expert advice on navigating the intricacies of social security, the benefit scenarios of retirement, the bad decisions that raise business taxes, and financial consequences of other investments. The goal of this book is to help you understand the rules and consequences that come with getting the most out of your social security, retirement, and investments.
This book is perfect for seasoned entrepreneurs who are beginning to plan for retirement or aspiring entrepreneurs who have little to no knowledge of their economic benefits from the government and your business.
We try to make this subject fun and say the same thing in different ways so that the reader can thoroughly understand.
The first seven chapters are general and the rest of the chapters you can jump in and out depending on your situation.
This is an asset that you need to optimize and get right. You need to understand exactly what you are doing and do not trust social security to give you the right answers. I believe that social security folks are giving bad advice about 45% of the time.
In the beginning we not just only talk about social security’s provision but also about how to think about your lifetime benefits. Social security is not just another investment it’s really an insurance policy. It’s paying you benefits that continue until your die.
We discuss subject such as divorcees, widows and widowers, gay couples, and single individuals. Each of the chapters have relevance to all the readers; maybe not directly but indirectly for their friends and family. I think there is something here for everybody considering there are 10,000 people retiring every day. And I know from a lot of different sources that 10,000 people retiring a day are not making the right decisions and that’s the reason why we wrote this book.
At the end of the book we have 50 different social security secrets listed; the biggest secrets we came up with in terms of how to maximize your benefits. There is another chapter called 25 Gotchas and it’s a list of the 25 worst gotchas because social security is set up to trap people and if they don’t get things exactly right they can use all this other money that would otherwise be theirs.
NOTE: That was just a summary. To get the full deep dive, play the audio clip at 11:20
“The regulations that require a notice for an initial determination contemplate sending a correct notification notice. We consider that an initial determination is correct even if we send an incorrect notice.” – Social Security Rules. They are basically saying that if they send you the wrong information it’s just too bad. They are above the law and above making mistakes.
I am a Professor of Economics at Boston University; I’ve been an Economist for a long time. I grew up in New Jersey, went to Penn College and got interested in Economics and then went to grad school at Harvard.
Well we have 10,000 baby boomers retiring every day and the social security system is about as complicated as one can imagine. I felt the need to help others get the best deal possible.
Any straight forward economics textbook
Buy Get What’s Yours by Larry Kotlikoff on Amazon today
Visit WhatIsYourWhat.com to learn more about the book
Visit Kotlikoff.net to learn more about Larry and his works
Visit MaximizeMySocialSecurity.com to access Larry’s social security software
Follow Larry Kotlikoff on Twitter and Facebook
Download the full transcript here (coming soon)
Listen on iTunes, Stitcher , and SoundCloud
Related books:
You Can Retire Sooner Than You Think by Wes Moss
Stuff I Wish I’d Known When I Started Working by Fergus O’Connell
The 30 Year Paycheck by Sander Biehn
What did you like and not like about this episode? Fill out this one minute survey here.
The post A Preview of Get What’s Yours with Larry Kotlikoff appeared first on The Entrepreneurs Library.
]]>A Quick Look at 5 of the Latest Books for Entrepreneurs The Entrepreneurs Library presents some of the latest books for entrepreneurs in February 2015. These books are brand newRead More
The post Latest Books for Entrepreneurs in February 2015 appeared first on The Entrepreneurs Library.
]]>The Entrepreneurs Library presents some of the latest books for entrepreneurs in February 2015. These books are brand new to the market and the authors are in line to give a thorough deep dive of their books. Stay tuned this month for the release of the interviews with these great books and their authors.
The Opposite of Spoiled is both a practical guidebook and a values-based philosophy. The foundation of the book is a detailed blueprint for the best ways to handle the basics: the tooth fairy, allowance, chores, charity, saving, birthdays, holidays, cell phones, checking accounts, clothing, cars, part-time jobs, and college tuition.
But The Opposite of Spoiled is also a promise to our kids that we will make them better with money than we are. It is for all of the parents who know that honest conversations about money with their curious children can help them become more patient and prudent, but who don’t know how and when to start.
“Finally, an honest, modern, comprehensive and nuanced book about kids and money. Parents report that conversations about money fill them with so much dread and confusion that they change the subject rather than dive in. The Opposite of Spoiled comes to the rescue.” – Wendy Mogel, author of The Blessing of a Skinned Knee
“The Opposite of Spoiled is a thoughtful, and often inspiring, book that also delivers dozens of smart, practical tips for turning conversations about money into lessons about living. If you’ve got kids, want kids — or heck, have been a kid — read this book.” – Daniel H. Pink, author of Drive and To Sell is Human
Learn more about Ron Lieber | Buy The Opposite of Spoiled on Amazon
Relayed in the same easy-to-understand language that has made The Neatest Little Guide to Stock Market Investing such a staple in the investing community, The 3% Signal is sure to become your most trusted guide to investing success. Simple and effective, Kelly’s plan can be applied to any type of account, including 401(k)s — and requires only fifteen minutes of strategizing per quarter.
The plan’s simple technique cuts through the folly of human emotion by reacting intelligently to price changes and automatically buying low and selling high.
“We often hear, and have come to believe, that models beat experts. Kelly offers the individual investor a simple, mechanical model that instills discipline, removes a lot of self-sabotaging emotion, and has a good track record. Will it continue to outperform? Actually, it just might.” — Brenda Jubin, “Reading The Markets” book review at Investing.com and ValueWalk
Learn more about Jason Kelly | Buy The 3% Signal on Amazon
You could try reading all 2,728 rules of the Social Security system (and the thousands of explanations of these rules), but Kotlikoff, Moeller, and Solman explain Social Security benefits in an easy to understand and user-friendly style. Many personal finance books briefly address Social Security, but none offers the thorough, authoritative, yet conversational analysis found here.
Get What’s Yours covers the most frequent benefit scenarios faced by married retired couples, by divorced retirees, by widows and widowers, among others. It explains what to do if you’re a retired parent of dependent children, disabled, or an eligible beneficiary who continues to work, and how to plan wisely before retirement. It addresses the tax consequences of your choices, as well as the financial implications for other investments.
“Choosing when to take Social Security is one of the biggest decisions of your life. By doing it right, you can add hundreds of thousands of dollars to your lifetime income and leave more money for your spouse as well. This great book tells you how . . . and it’s funny, too!” — Jane Bryant Quinn, author of Making the Most of your Money NOW
Learn more about Larry Kotlikoff | Buy Get What’s Yours on Amazon
In the trademark Ken Blanchard style, the authors tell the compelling story of Larry and Janice Sparks, who discover how to see each day as an opportunity to enhance their relationships, stimulate their minds, revitalize their bodies, and grow spiritually. As they learn to be open to new experiences, Larry and Janice rekindle passion in every area of their lives.
Ken Blanchard and Morton Shaevitz point out that some people see their later years as a time to endure rather than as an exciting opportunity. Readers will find humor, practical information, and profound wisdom in Refire! Don’t Retire. Best of all, they will be inspired to make all the years ahead truly worth living.
“Once in a while a book comes along that should be featured on every talk show. Refire! Don’t Retire is just such a book. Read it and you will experience aging in a whole new way. A must-read for anyone who plans on getting old.” — Richard Leider, bestselling author or coauthor of The Power of Purpose, Repacking Your Bags, and Life Reimagined
“If you answer only one-third of the questions at the end of each major section, this book will be worth its weight in gold! It is not only for those considering retirement but also for anyone interested in the pursuit of love, learning, and longevity.” — Beverly Kaye, founder of Career Systems International and coauthor of Love ‘Em or Lose ‘Em; Love It, Don’t Leave It; and Help Them Grow or Watch Them Go
Learn more about Ken Blanchard and Morton Shaevitz | Buy Refire! Don’t Retire on Amazon
Peter Bregman, author of the Wall Street Journal bestseller 18 Minutes, offers strategies to replace energy-wasting, counter-productive habits that commonly derail us with truly effective ones.
In Four Seconds, Peter Bregman shows us how to replace negative patterns with energy boosting and productive behaviors. To thrive in our fast-paced world all it takes is to pause for as few as four seconds—the length of a deep breath—allowing us to make intentional and tactical choices that lead to better outcomes. Four Seconds reveals:
“Peter Bregman is back, this time with an even faster way to find your focus and get back on track when life throws you off. His honesty and empathy for his own failings make Four Seconds a refreshing read.” – Daniel H. Pink, author of To Sell Is Human and Drive
“This book is priceless, a book that could change your career, your marriage, your life. I hope you get a chance to read it.” – Seth Godin, author of The Icarus Deception
Learn more about Peter Bregman | Buy Four Seconds on Amazon
The post Latest Books for Entrepreneurs in February 2015 appeared first on The Entrepreneurs Library.
]]>