Book contents
- The Gift of Aging
- Reviews
- Additional material
- The Gift of Aging
- Copyright page
- Dedication
- Contents
- Tables
- Contributors
- Foreword
- Introduction
- 1 Map and Compass
- Part I Caring For Your Mind
- Part II Caring For Your Body
- Part III Caring For Yourself and Your Family
- 21 Who Needs an Estate Plan? Everyone
- 22 Financial Planning through the Decades
- 23 An Ethical Will: Leaving Your Legacy to Loved Ones
- 24 You’ve Become a Caregiver
- 25 So Many Living Arrangements
- 26 Do This One Simple Thing to Add 7.5 Years to Your Life!
- Part IV Caring For Your Soul
- Acknowledgments
- Appendix: Elizabeth’s Original Mediterranean Diet Recipes
- Index
22 - Financial Planning through the Decades
from Part III - Caring For Yourself and Your Family
Published online by Cambridge University Press: 08 June 2023
- The Gift of Aging
- Reviews
- Additional material
- The Gift of Aging
- Copyright page
- Dedication
- Contents
- Tables
- Contributors
- Foreword
- Introduction
- 1 Map and Compass
- Part I Caring For Your Mind
- Part II Caring For Your Body
- Part III Caring For Yourself and Your Family
- 21 Who Needs an Estate Plan? Everyone
- 22 Financial Planning through the Decades
- 23 An Ethical Will: Leaving Your Legacy to Loved Ones
- 24 You’ve Become a Caregiver
- 25 So Many Living Arrangements
- 26 Do This One Simple Thing to Add 7.5 Years to Your Life!
- Part IV Caring For Your Soul
- Acknowledgments
- Appendix: Elizabeth’s Original Mediterranean Diet Recipes
- Index
Summary
Successful retirement requires proper planning through the decades, starting in your 20s and continuing through your 70s. The key to saving enough for retirement is to invest as much as possible, as early as possible. The bottom line is this: you must create an investment strategy where you literally do not run out of money before you die. Future financial freedom is dependent on the exercise of current financial discipline. By creating realistic budgets, adequately funding savings and retirement accounts, following wise investment strategies, and reacting appropriately to economic and market conditions, you have the best chance to fund and enjoy a future that meets your needs and goals. Chapter describes important financial planning through the decades of life, 20s, 30s,40s, 50s, 60s, 70s,80s, 90s, and 100s.
Keywords
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- Information
- The Gift of AgingGrowing Older with Purpose, Planning and Positivity, pp. 153 - 163Publisher: Cambridge University PressPrint publication year: 2023