Personal Finance For Seniors For Dummies - Softcover

Robert C. Carlson, Eric Tyson And

Softcover

ISBN 10: 1459635795 ISBN 13: 9781459635791

Publisher: ReadHowYouWant, 2012

Synopsis

Personal Finance for Seniors For Dummies addresses the unique financial opportunities and challenges that present themselves as individuals grow older in a stlye that members of the 50+ population will find instantly relatable and tailored to their needs. This title will empower readers as they chart their financial course for the decades to come, guiding them through the basics of creating a budget for retirement, investing accrued assets, taking advantage of governmental and nongovernmental benefits and planning for their family's future. Topics covered include:
Buying a second home
Selling the family home and moving to a smaller space
Relocating
Reexamining investment strategies and rebalancing a portfolio
Wills and trusts
Gifting and philanthropy
Applicable tax laws
Finding a financial advisor
Investing for the first time
Reverse mortgages
Long - term care options
Life insurance
Health care, Medicare, and prescriptions drug costs
Burial accounts
Financial considerations for the newly single
Understanding pension plans
Understanding Social Security
Basic enough to help novices get their arms around thorny financial issues, Personal Finance For Seniors also challenges advanced readers to think about their finances in a new way and identify areas for improvement.

About this title

From the Back Cover

The fast and easy way for Baby Boomers to protect their financial future Are you nearing (or already basking in) retirement? Are you aware of the unique financial opportunities and challenges you′ll face in your golden years? This hands–on, practical guide empowers you to chart your financial course with targeted advice for investing, spending, and protecting your wealth for the decades to come. Plan, plan, plan — understand just how important it is to plan ahead for retirement (and how it′ll give you more attractive financial options in the future) Tackle the issues — discover the best ways to manage your annual expenses and budget so you′ll have enough to live on now and in the years ahead Know your benefits — get the lowdown on government programs available, like Social Security, Medicare, and Medicaid Tie up loose ends — find out how to plan your estate (no matter how large or modest), prepare a will, and determine considerations for a living will, medical powers of attorney, and more Open the book and find: Advice on when to retire and guidance on estimating expenses Your best investments for retirement money Plain–English explanations of retirement account options How to adjust spending when life throws you a curve ball Tips on choosing pension options Housing choices in retirement The best Social Security and healthcare benefits for you Ways to reduce your estate taxes Create a budget for retirement Wisely invest, spend, and protect your wealth Plot the windy road of pension plans, Social Security, healthcare, and Medicare

About the Author

Eric Tyson is the author of numerous best-selling For Dummies titles, including Personal Finance For Dummies, Investing For Dummies and Mutual Funds For Dummie and the co-author of Real Estate Investing For Dummies, Home Buying For Dummies, and House Selling For Dummies. Eric is a nationally recognized personal finance counselor, writer, and lecturer. He has been featured on and quoted in hundreds of local and national publications and media outlets. He's a former management consultant in the financial services and a personal financial counselor. Eric is a trained economist who graduated with honors in Economics from Yale University. Bob Carlson (Centreville, VA) is Chairman of the Board of Trustees of the Fairfax County Employees' Retirement System, which has over $2.1 billion in assets and has served on the board since 1992. He is also editor of the monthly newsletter, ""Retirement Watch."" Bob received his J.D. and an M.S. in Accounting from the University of Virginia and received his B.S. in Financial Management from Clemson and passed the CPA Exam. He is the author of The New Rules For Retirement: Strategies for the Future and Invest Like a Fox...Not Like a Hedgehog: How You Can Earn Higher Returns with Less Risk.

About this edition

• Publisher: ReadHowYouWant
• Publication date: 2012
• ISBN 10: 1459635795
• ISBN 13: 9781459635791
• Binding: Paperback
• Number of pages: 724