As someone who has recently retired, I have read a number of books and magazine articles on financial issues in retirement, and I have consulted a financial planner.Now I find that much of what I was seeking in a number of different places can be found in Bob Carlson's new book on retirement.He does an excellent job of describing the effect that baby boomer retirement will have on many different financial areas.His advice also considers a number of different options (for example, on where and whether one might relocate during retirement), so he does not advocate a "one size fits all" pattern for what he calls the "retirement process." His investment advice is sound on constructing a simple core portfolio before thinking of adding a managed portfolio or an aggressive portfolio. He is critical of some of the classic advice for retirees to transfer most of their investments to bonds for safety; that advice, he notes, was fine for the times in which retirees might expect to live in retirement for about five years, rather than the 20 to 30 years that is more typical today.In short, Carlson discusses and considers much of the traditional advice for retirees and then evaluates that advice in view of current demographic trends. Most people planning to retire or planning in advance for retirement can benefit from this book.Click Here to see more reviews about: The New Rules of Retirement: Strategies for a Secure Future (Hardcover)
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