Manage your finances in your golden years-enjoy your retirement! Numerous life changes come with the territory of getting older-as we're reminded every day by anti-aging campaigns-but one change the media doesn't often mention is the need for a shifting approach to personal financial management. Personal Finance For Seniors For Dummies, 2nd Edition offers the targeted information you need to make informed decisions regarding your investments, spending, and how to best protect your wealth. You've worked your whole life for your nest egg-why not manage it as effectively as possible?
Enjoying your golden years hinges on your ability to live the life you've dreamed of, and that's not possible unless you manage your finances accordingly. The right financial decisions may mean the difference between a condo in a more tropical climate and five more years of shoveling snow, so why leave them to chance?
- Explore financial advice that's targeted to the needs of your generation
- Understand how changes in government programs can impact your retirement
- Consider the implications of tax law updates, and how to best protect your assets when filling out tax forms each year
- Navigate your saving and investment options, and pick the approaches that best fit the economic environment
Whether you're heading into your senior years or your parents are getting older and you want to help them take care of their finances, Personal Finance For Seniors For Dummies, 2nd Edition offers the insight you need to keep financial matters on the right track!
Learn to:
- Understand how changes in government programs can impact your retirement
- Consider the implications of tax laws
- Navigate your saving and investment options
Manage your finances in your golden years—and enjoy your retirement
The right financial decisions could make or break your future plans, so why leave them to chance? Inside, Eric Tyson and Bob Carlson give you the targeted information you need to make informed decisions regarding your investments, spending, and how to best protect your wealth.
Here's to your future! — invest in and protect your health, identify retirement investments and strategies, and grasp retirement accounts and their rules Show me the money — manage budgets and expenses, guide your investments through retirement, tap into your home's equity, and consider your long-term care insurance needs Get down with government — make your best choices under Social Security, get the most out of Medicare, and discover the ins and outs of Medicaid Start your estate plan — grasp the basics on estate planning, wills and other legal documents, and tackle the federal estate tax and the many types of trusts Open the book and find:
- Why saving and planning sooner and smarter pays off
- How to assess your life insurance needs
- Advice on when to retire
- How to manage an investment portfolio
- Pointers for guiding investments and distributions in retirement
- Tips for making important housing decisions
- What you need to know about working in retirement
- Ten common retirement and estate planning mistakes
