How Much Money Do I Need to Retire? by Todd R. Tresidder
(60 Minute Financial Solutions)

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Synopsis

It seems so simple, doesn’t it?

Plug a few numbers into a retirement calculator and presto! You have an accurate answer for how much money you need to retire.

Unfortunately, it doesn’t work that way. The conventional approach used by experts to determine how much money you need to retire is fundamentally flawed. The worst part is you won’t even know it until it’s too late.

This book takes you behind the scientific facade of modern retirement planning to reveal:

• Why most estimates for how much you need to retire are a case of garbage-in garbage-out causing you to either overspend and run out of money or underspend so that you never get to enjoy your savings.
• The 5 critical assumptions that can destroy your financial security. Which one are you making?
• 3 models for estimating how much money you need to retire (your financial planner only knows 1 and it’s not the best).
• How to reduce the amount you need to retire by $300,000–$600,000 or more.
• How to plan for inflation, changes in Social Security, and much more so you don’t run out of money before you run out of life.
• 7 creative ways to spend less while also improving lifestyle.
• 3 strategies to maximize spending today while protecting for the future in case you live longer than expected.
• How Monte Carlo calculators cause a dangerous deception that can leave you broke.
• Explains step-by-step how to accurately calculate the amount of money you need to retire—the very first time you try, simply, and without being a math genius.
• No computer, software, or online calculators necessary—it’s that simple.

In one evening you can know more about how much money you need to retire than your financial adviser. This book is a practical, no-nonsense guide complete with a step-by-step plan that tells you how much money you need to retire with confidence.

No retirement is secure without it.
 

About Todd R. Tresidder

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Todd R. Tresidder's financial writing has been featured in the Wall Street Journal, Smart Money Magazine, Investor's Business Daily, Yahoo Finance, Bankrate.com, and more. He is a former hedge fund manager who "retired" at age 35 to become a financial consumer advocate and money coach. In his spare time he's an outdoor recreational enthusiast with varied interests from backpacking and adventure travel to endurance running and cycling. He writes 9 months out of the year from his home in Reno, Nevada while his kids are in school and plays the rest of the year. You can learn more about Todd at www.financialmentor.com or on Amazon at http: //amzn.to/MdoPUC.
 
Published November 19, 2013 by FinancialMentor.com. 134 pages
Genres: Business & Economics. Non-fiction

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