Personal Finance After 50 For Dummies: 2nd Edition

by Robert C. Carlson, Eric Tyson

Manage your finances in your golden years—enjoy your retirement!

Numerous life changes come with the territory of getting older—as we're reminded every day by anti-aging campaigns—but one change the media doesn't often mention is the need for a shifting approach to personal financial management. Personal Finance For Seniors For Dummies, 2nd Edition offers the targeted information you need to make informed decisions regarding your investments, spending, and how to best protect your wealth. You've worked your whole life for your nest egg—why not manage it as effectively as possible?

Enjoying your golden years hinges on your ability to live the life you've dreamed of, and that's not possible unless you manage your finances accordingly. The right financial decisions may mean the difference between a condo in a more tropical climate and five more years of shoveling snow, so why leave them to chance?

Explore financial advice that's targeted to the needs of your generation Understand how changes in government programs can impact your retirement Consider the implications of tax law updates, and how to best protect your assets when filling out tax forms each year Navigate your saving and investment options, and pick the approaches that best fit the economic environment

Whether you're heading into your senior years or your parents are getting older and you want to help them take care of their finances, Personal Finance For Seniors For Dummies, 2nd Edition offers the insight you need to keep financial matters on the right track!

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

1 pages, Audio CD

Published March 1, 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.