I have recently read and loved Phil DeMuth’s latest book about investing, The Overtaxed Investor, so I thought I would read another of his books relating to retirement planning.
Published in 2006, there have been many developments that have adversely affected the stock market/economy, but historically these things are nothing new. They are merely new when looking at the past 30 years.
Still, Stein and DeMuth offer sound advice for investors looking to retirement. Invest in a balanced portfolio of index funds and bonds, watch your expenses, and live frugally now so that you won’t be in dire straights later.
The book even offers a plan for each stage of your life (I truly wish, like many people, that I had saved more in my younger years). But never mind, because Stein and DeMuth offer practical advice (sprinkled with humor) of how to achieve a comfortable retirement even if you are a bit of a late starter with retirement investing.
4 stars (out of 5)
Published in 2006