Finances After 55

Finances After 55 is a book for people who are already retired or who will be retiring in the next decade. This is not a ?retire rich, stay rich? book. It's a practical guide that shows readers how to take what they already have saved and manage their money and assets to live a full and successful retired life. Living off savings is much different than living from paycheck to paycheck. It requires a very different kind of budget and very different financial plan. Unfortunately, the majority of North America's millions of retired people are caught off guard when they make the switch, and financial errors at this time can be very costly. Retired people need a financial plan that takes into account their evolving needs. But what is needed is more than just a budget. The plan should include a will, estate plan, powers of attorney, health-care directives, insurance, and an end-of-life plan. Finances After 55 shows readers how to get all their personal finance and business matters in order.Make the transition from earning a living to retirement living Learn to live comfortably on what you already have. Create a sound financial plan, step by step. For retired people and for those who will retire soon. Retire successfully on what you already have Living off savings is much different than living from paycheck to paycheck. It requires a different kind of budget and a different financial plan. Don t be caught off guard when you make the switch, because financial errors at this time can be costly. Finances After 55 is not a retire rich investment book. It s a practical guide that shows you how to take what you have already saved and manage your money and assets to live a full and successful retired life. When you retire (if you haven t already), you will need a financial plan that takes into account your changing needs. And you ll need a lot more than just a budget. The plan should include: an estate plan, a will, a power of attorney, a health-care directive, an end-of-life plan, and insurance With the sound financial planning and budgeting outlined in this book, you can make a successful transition from life with a paycheck to a life with savings."