James P O'Brien

It's Monday Morning James P O'Brien

Baby Boomers have left the workforce and have entered retirement in overwhelming numbers. This book addresses many issues about retirement in a user-friendly manner. It discusses age-based, emotion-based and finance-based retirement. Although many Boomers have worked through these decisions, the book would be invaluable to those new to the workforce as well as those contemplating retirement within a decade or two. The author presents how retirement is funded through personal savings, pensions and Social Security. Strategies for accumulating personal savings are presented as well as a variety of pension plans. Current (2020) Social Security principles are outlined. He also considers other practical issues of retirement, including consolidating assets, writing a will and trust, budgeting and securing health and nursing care insurance. Lifestyle choices are presented, including physical fitness, nutrition, educational and cultural pursuits, travel and sports as well as downsizing and moving. Living with one's spouse, children and grandchildren are considered as well as economizing through senior discounts and price discrimination to stretch retirement dollars. The book is interwoven with numerous "real life" vignettes and work sheets to assist readers in making choices. There are appendices that provide guides for retirement number crunching. Whether newly retired, considering retiring or dreaming of retirement, this book has useful information and thoughts for everyone who will eventually retire and wants to plan now.