Personal Finance After 50 For Dummies (For Dummies

by Eric Tyson

The best way to take control of your post-career financial future  Retirement is lasting longer for all of us. That’s why―and however long you decide to keep working―it’s essential to plan ahead so you can live your post-career life as you wish. The latest edition of  Personal Finance After 50 For Dummies  details what you need to know―making it the perfect book to shelve next to your diet and fitness library, so you can keep your finances, as well as your health, in peak condition. Whether you’re new to financial planning or are pretty savvy but want to cut through the noise with targeted information and advice, you’ll find everything you need to know about how best to spend, invest, and protect your wealth so you can make your senior years worry-free, healthy, and fun.   In plain English, retirement and financial experts Eric Tyson and Bob Carlson cover all the issues from investing, Social Security, and the long-term insurance marketplace to taxes and estate planning―including state-by-state differences. They demystify the muddy world of financial planning and provide strategies that make the course ahead crystal clear. They also dive into less obvious territory, showing how it’s possible to strategize financially to avoid the worst impact of unexpected events―such as the COVID-19 crisis―as well as exploring what investment approaches you can take to protect the most important possession of your own and your family’s health.   Whether doing it for yourself or for parents, it’s never too late to begin retirement planning―and this highly praised, straightforward book is the best way to take control, so you can be confident your senior years are exactly what you want them to  golden.  

Genres: Nonfiction, Finance, Self Help, Reference, Economics

400 pages, Paperback

Published April 27, 2021

Reviews

[Yaaresse · Rating 2 out of 5]

DNF @ 45%.

Just not really very helpful. Info is fairly simplistic and vague. The two things I was hoping it would address literally got glossed over with two paragraphs and a "see Eric's other book." Also, the book appears geared toward people right around 65 who are financially secure (but might not realize it) and ready to retire very soon. Doesn't really address the practical straits of non-affluent Americans.

Also got tired of the sales pitch for the author's other books and absolutely don't want health and lifestyle advice from Dr. Oz.

[Illiterate · Rating 2 out of 5]

Surprisingly little is relevant to me. Perhaps best treated as a checklist of topics to think about.

[Gary · Rating 3 out of 5]

My reasons for reading this book is that I am over 50, actually am retired and in search of making sure my finances are in order. As a Dummies book, it is a beginners guide, not meant to replace expert help, but to give you ideas about what is appropriate to either get you into shape for retirement or make sure everything is in order having reached that stage.

The most helpful for me was the primer on estate planning. It lays out what needs to be done whether you intend to do it yourself or to hire a professional. While I pretty much had been through this in another situation, it was good to see it laid out in an understandable manner.

If you are looking for a simple to understand, general book on what is needed to know to get ready for retirement, this would be a good choice.

For more of my notes from this book, please see my book blog

[Todd Cheng · Rating 3 out of 5]

Not really helpful, but maybe because I am not 50. I read because it was free.

[Jeff · Rating 3 out of 5]

A good reference book to have on one's shelf. This book covers a lot of ground.

[Lesley Looper · Rating 3 out of 5]

Decent information on personal finance for those over 50. A fair amount of it related to retirees, but there was some information about helping elderly parents. I did a fair amount of skimming, but the Kindle book will stay in my cloud for when I need to revisit the information.

[Reader66 · Rating 2 out of 5]

I thought the sections on Medicare, Medicaid, and Social Security could have been explained more clearly and in greater detail. I was also surprised that this is not strictly a finance book, as it contains some health and lifestyle advice also.

[Dray · Rating 4 out of 5]

Quite a good book for everyone and a great book to read before retirement. Although no section has everything in it, the overall book is remarkable in giving you a survey of all the areas of consideration. I found it a worthwhile read.

[Chris Jaffe · Rating 3 out of 5]

I'm still a few years shy of this book's target audience, but I figured it would be good to get an early look at this stuff. Well, a lot (most?) really kicks in when you reach your 60s, like Medicare. It's not bad, but of limited value for me. The part on disability insurance was helpful.

[Julie Brock · Rating 3 out of 5]

Granted, I'm jumping the gun a few years before 50, but the title is a little off in the other direction - very little of this book applied to anyone under 65 or so.

[Robin · Rating 3 out of 5]

Some sections are laughable, others are mildly informative.

[Steve Thomson · Rating 2 out of 5]

Well written but details are for Americans .
Such as Social Security, Health expenditures, Medicare , government policies.
Not recommended for Canadians Eh .

[Jan Dolan · Rating 4 out of 5]

Very quick read that covers the basics, which is a good starting point for someone in mid 50's. Many reference points and web sites and made me feel not like a dummy!

[Marilyn · Rating 3 out of 5]

Not everything in this book pertained to me but I did learn a few things and it will help in finding out more information in the future.