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Money-Guy 01-12-2010
Well, I’ve missed you guys. We took a few weeks off for the holidays, and I can only hope that absence has made the heart grow fonder. I thought a great way to start out this new year of financial topics was to touch on an area that I think a lot of people are probably thinking about right now. I’m sure many individuals have made the resolution for 2010 to get their financial house in order and, as part of that, get serious about saving for retirement.
It comes as no surprise that, considering the economic downturn of 2008 coupled with the significant recovery of 2009, many individuals don’t really have a good grasp of how they are doing in saving for retirement or, if they are already retired or nearing retirement, don’t know if they have enough to last.
This is the exact topic that was discussed in the February 2010 edition of Consumer Reports. In an articled tilted A happy retirement: 6 steps that work, the author walks through a study and survey that Consumer Reports did on currently retired and nearly retired individuals. In addition to some really good stats, the article also shares 6 steps to a successful retirement. As you listen to the show, I will expand on each of these:
As you listen to the show I also share some insights from Dr. Thomas Stanley, author of “The Millionaire Next Door” and the newly released “Stop Acting Rich…And Start Living Like A Real Millionaire“. His new book is incredible, and he shares some pretty incredible thoughts on what it really means to be wealthy and successful.
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