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Yes, You Can Still Retire Comfortably!
by Ben Stein
Product Group: Book
Publisher: New Beginnings Press (2005-08-02)
ISBN: 1401903185
EAN: 9781401903183
Dewey Decimal #: 332.024014
Binding/Media: Hardcover - 222 pages
Edition: Stated 1st Printing: 4 3 2 1
SKU: 7W-KGAV-0O3J
Condition: As New
Comments: Hardcover with dj, this is Yes, You Can Still Retire Comfortably! by Ben Stein and Phil DeMuth. Guide to baby boomers approaching retirement age - even if you never thought about money before, it's never too late to start! Clean, tight, very nice copy, looks new but I acquired it secondhand.
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Editorial Reviews
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Product Description
The specter of retirement is haunting the baby-boom generation. The generation that’s used to having it all is suddenly finding that it doesn’t have enough. Ben Stein and Phil DeMuth show you how to get back on track. They outline the steps you can take today to assure your future tomorrow. Backed up with facts and figures, they lay out exactly how much you need to save in order to maintain your standard of living, and how to invest your dollars to get the maximum return from your savings. For those already retired, they explain how to tap your nest egg to get the most income while keeping your money safe. This is a survival manual for the difficult but exciting road to retirement security. Don’t leave middle age without it!
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Customer Reviews
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Basic Stuff
Rating  (2)
Date: 2010-08-23
0 out of 1 customers found this reveiw helpful
A friend gave me this book yesterday and it took about 2 hours to read. The information was basic stuff that most people know unless they are living under a rock. The government is broke. Social Security crisis, higher taxes, inflationary spirals, etc. can all be looked forward to in the future. Private pensions are broke and will depend more on government bailouts. The authors don't use scare tactic hype, but well documented facts.
Solution: You are going to have to save more and invest wisely. Retirement checklists are reviewed, along with investment strategies based upon age and income. Specific investment funds are listed, I wonder if the authors got a cut???? But overall, the information that you would pay for by buying this book is out there on the internet. Dig a little and you can find plenty of information about the retirement problems, investment strategies, and funds. I would recommend the Millionaire Next Door if you want a general understanding on how individuals develop wealth.
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An excellent book
Rating  (5)
Date: 2009-12-03
This inexpensive paperback book was so good I bought a copy for my wife after reading a library copy for myself. Multiple worksheets to help a couple get ready for retirement.
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Wish I had read this 39 years ago
Rating (5)
Date: 2008-07-21
2 out of 2 customers found this reveiw helpful
Ben and Phil have written a retirement book that will scare the crud out of the average 60 year old and hopefully will motivate the average 20 year old. While presented with a good deal of droll humor and an easy to understand manner, the facts shared in this book are sobering. While I was comforted by the thought that I had intutitively accomplished most of what the authors say is necessary to retire comfortably, I see some holes in my plans that need to be shored up before pulling the trigger on the future. However, for the average American 60 year old who has not socked away enough and is somehow hoping that retirement will magically plop itself on their doorstep allowing them to quit work at 62 and continue their current lifestyle, this book is a terrifying wakeup call.
The quick summary is that there is no magic pill. If we expect to retire and not subsist below the poverty level, there has to be some sacrifice during our working years, and some serious investing for the future. There is no real safety net out there. Our employers are not going to take care of us. The government is not going to bail us out. We are on our own. Fortunately, the authors provide some practical advise on how to pull a plan together.
I wish I had read this book 39 years ago. If I had I would have done even more to prepare for what is now the not so distant future. This book is a must-read for every 20-year old.
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Love Ben !!
Rating (5)
Date: 2007-10-01
Really enjoyed this book. I'm an experienced investor and still came away with useful information. For those who believe this was all gloom & doom....WAKE UP ! While I do believe they used a worst case scenerio their messages are right on. Start saving now, live below your means and learn about various investment options so you can take care of yourself in retirement. Great book to help pull peoples head out of the sand. I love Ben !!
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Retirement Planning Made Comfortable
Rating (5)
Date: 2007-05-19
2 out of 2 customers found this reveiw helpful
Ben Stein & Phil DeMuth have a simple rule for the new millennium: "If you're old enough to have sex, you're old enough to save for retirement." The same could be said for reading "YES, YOU CAN RETIRE COMFORTABLY!" Though targeted primarily for Baby Boomers, many facing an immanent retirement crisis, this fact based easily understandable book will benefit every generation old enough to reproduce.
The news is not good. The government does not have the resources to handle the Social Security and Medicare obligations of the soon to retire Baby Boomers let alone the generations that will follow them. Nor is there a plan in place to remedy this impending crisis. So don't count on Uncle Sam. For the 16% of Americans that that receives guaranteed-benefit pensions from their employers, things look a little better, but that's assuming the plan is adequately funded and that you'll ultimately get the benefit. Don't count on that either. According to the authors, "The pension liability has the potential to mushroom into one of the largest financial crises in U.S. history." How about 401 K's, the do it yourself pension alternative? On average 401 K balances are abysmally low. Whoa!
That's a lot of doom and gloom to absorb, and if you're waiting to hear who's coming to the rescue: it's you. Stop spending, start saving and start making wise investment decisions. No quick fixes. Ninety percent of the book is devoted to addressing the problem. The plan you need to follow is laid out in detail. What's more, it's a fun read because Stein and DeMuth write with clarity and humor.
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