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[hardoreasyfinance]

Best Books For Retirement Planning

Here are the best books for retirement planning:

“Total Money Makeover”

The “Total Money Makeover” by nationally syndicated radio broadcaster Dave Ramsey lays out seven doable actions to take to achieve financial security. The debt snowball method and creating a $1,000 emergency fund are the first two of Ramsey’s “seven baby steps,” which progress to investing 15% of your income in retirement and prepaying your mortgage.

“How to make your Money Last”

Jane Bryant Quinn’s book “How to make your Money Last: The indispensable retirement guide” is suitable for retirees who want to save money till retirement.

Quinn, a financial journalist, and bestselling author explain how to boost your savings, increase your social security, use your home to produce income, tap life insurance policies for income, and much more while he presents more than an introduction to personal finance.

“The 5 Years Before You Retire”

A study showed that 5 years is an ideal time frame to be aware of life post-retirement. It’s a book about retirement planning in the US, and the book emphasizes that Americans are unable to save a substantial amount of money.

Retirement Planning Tips

While books and learning are very important for improving your financial literacy, you can also ask an advisor to help you implement your idea.

You need to have an idea of where you stand in the process of saving for retirement. It’s important to know for sure how much has been saved.

Planning for your retirement early is key to ensuring that you have enough money when you’re no longer working.

I hope you like this post:

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