You're Fifty-Now What?
Investing for the Second Half of Your Life
Chapter One
I have a question for you, and it's simply this: How much is enough?
It's a tough question, and it's essentially the topic of just about
every retirement book, article, or seminar. Everyone's trying to
figure out how much they'll need, and all the experts are trying to
tell you how to do it. So how much will you need? How much does it
take? Will you have enough? How much is enough?
Chances are it's more than you think, thanks in part to some good
news. We're living longer, for one thing. Today's 50-year-olds are a
lot younger than the 50-year-olds of two generations ago. A lot of
us will live to be 100. As a result, what we used to call retirement
can last 30 or even 40 years. Not only that: we're healthier and
therefore more active, so what we used to call our retirement years
are a little more costly. And we have less help from the government
- Social Security isn't what it used to be. So while a lot of
people think that if they have $300,000 or $400,000 set aside for
retirement, they're set for life, they're probably wrong. ... read full excerpt from: You're 50, Now What? ebook
