Title: The 7% Solution: You Can Afford a Comfortable Retirement
Author: John Graves
Review: This book is full of strategies and advice on how to handle your retirement. I was impressed with the fact that the author laid it out in such an easy to follow method. Our financial advisor is telling us this and that and I cannot really wrap my head around all the jargon and double talk, but this book cleared lots of confusing aspects of money management out.
Bonds, stocks, mutual funds, annuities, and more explained in an easy to understand format. Some of the ideas seemed technical and above me at first, but as I read I think I figured them out. I always wondered how we would actually get an income from our retirement accounts and what was the best place to put our money now. If you wonder about how you are going to retire I think this book is a must. You don’t have to have huge funds saved to retire comfortably of course that wouldn’t hurt you. 7% on average from all your investments along with Social Security and your company pension will be plenty. Even less will be needed if you take his advice in the beginning of the book and get out of debt.
This is a great tool that everyone should read. Don’t let money management fears keep you from saving or keep you from questioning your financial planner…remember they are in it for the money…not necessarily for what is best for you. Read this book and learn what they failed to teach us in school.
Great tool for everyone who plans to retire someday, BTW that is all of you.
Publisher: Safe Harbor Publishing, LLC. (April 1, 2012)
Quick Review: 5 Stars out of 5.
Where Did I Read the Book: Sent by The CadenceGroup for review.
Synopsis: You Can Afford a Comfortable Retirement!
For the millions of Americans wondering how to get to and through retirement comfortably, The 7% Solution will provide the guidance to achieve your retirement goals with confidence.
Drawing on his 30-years of successful retirement planning, financial expert, John Graves, will show you how to:
• Take Control of your Financial Future
• Save Thousands in Fees that Bleed Your Retirement Nest Egg
• Catch Up to Where you Need to Be to Retire Well
• Achieve a Financially Secure Retirement
“This delightfully written guide is both comprehensive and wise – a must have for those seeking a secure retirement.” – Robert Stubbs, retired CEO of Bell Atlantic Capital Corporation
“Finally, a realistic roadmap for a new generation of retirees. This valuable resource is worth its cover price many times over.” – Vanessa Drucker, Editor, Fund Strategy Magazine
Author Biography: John Graves, ChFC, CLU has spent 26 years advising people how to become better stewards of their resources. As an independent financial adviser and managing partner in The Renaissance Group, LLC, he focuses on designing and maintaining client portfolios consistent with their needs, rather than some market paradigm. John is a Chartered Life Underwriter and and Chartered Financial Consultant through the American College in Bryn Mawr, Pennsylvania.
He has traveled extensively, with more than 80 countries’ stamps in his passport. His avocation is adventure. He has sailed to Hawaii several times as well as across the Atlantic and throughout the Mediterranean and Caribbean. In his previous career, John was a chef. He does enjoy a nice meal with a Bordeaux or a Montalcino.
John agrees with Benjamin Graham that the search for value is far more interesting than a brief joy ride in the markets. His passion is sharing his knowledge with others so that they too might embrace all that life has to offer.