Authors: Frank Armstrong, III and Paul Brown
Publisher: Financial Times Press
ISBN: 978-0-13-702900-6

Click Here Toi Purchase Save Your Retirement: What to Do If You Haven't Saved Enough or If Your Investments Were Devastated by the Market Meltdown

Mr. Armstrong III, co-author of Save Your Retirement, founded Investors Solutions and is a Certified Financial Planner and featured columnist for www.Morningstar.com . He has appeared on numerous television shows and radio stations across America. For the past thirty five years he has managed assets in excess of four hundred million dollars. His is a former Air Force pilot and Vietnam veteran. This is his third book. (The Informed Investor, Investment Strategies for the 21st Century) He lives Coconut Grove, FL.

Mr. Brown has co-authored two other books (Grow Rich Slowly, Customers for Life) and a regular contributor to BusinessWeek, Inc., The New York Times, and Forbes and contributing editor for MIT’s Sloan Management Review and the Conference Board Review. He began the web site www.ThirdAge.com to target investors and their concerns for the over the age of 40 group. Paul Brown hosted a nationally syndicated daily radio show on the Business Radio Network for over three years. He now resides in Duxbury, MA and Anna Maria Island, FL..

No doubt the long histories these men have in the financial services industry has helped to shape this book, Save Your Retirement. A sage quote from the beginning of this book is (2009, p.3) “…when it comes to investing one size does not fit all.” The authors have offered up several web sites for people to learn more about how to plan for their retirements as well as some keen advice in that vein beginning with what they call R-15, or fifteen years prior to when you believe you want to retire, R-10, R-5, and R-0.  They also say that people should not be misled by savvy advertisers who hope to change your perceptions/reality. (p.12)

Statistically they say that over 30% of the population has not planned, or inadequately planned, for their retirements. (2009, p.14) Interestingly enough they also suggest that the age group between 55 and 64 start up businesses at a higher rate than any other age segment. (p.25) Armstrong and Brown caution against credit card debt because of the high interest paid out for running balances. (pgs.31-2) As a matter of fact, they say to liquidate your saving in order to pay off debt. (p.35)

The authors speak about IRA’s, CD’s, 401k’s, and annuities. (2009, pgs.36-41, and 48-51) They outline the differences between these types of savings instruments as they relate to your retirement and the best/worst case scenario for each. Armstrong and Brown touch on wills, living trusts, and other estate planning documents that can help families to transfer assets before or after death. (pgs.43-44)

There is information about having an emergency cash stash, stocks and bonds. (2009, p.44, and 59-61) Armstrong and Brown speak about Medicare and Social Security and about selection of when to get into them and how best to have those programs work for you. (pgs.65-70) A common theme throughout this book is “The younger you are, the more time is your ally.” (p.87) Meaning that the earlier you begin to plan for your retirement the better off you should be.

This book offers up a little something for nearly everyone. There are helpful hints for how and where to invest and what things to steer away from. I would seriously recommend this book for anyone nearing 40 and over.

Click Here Toi Purchase Save Your Retirement: What to Do If You Haven't Saved Enough or If Your Investments Were Devastated by the Market Meltdown