I recently had a nice review on My Retirement Blog
I was recently given a copy of the book, The Retirement Fitness Challenge: Shape Up Your Finances and Make Your Money Last a Lifetime, by Marc Bautis to review. Since I do write for a retirement blog this book was just the kind of financial book I like to read.
The book uses the analogy of comparing planning for retirement to starting a fitness routine. The analogy actually works pretty well. The book is divided into three parts. The first part concerns getting a snapshot of where your finances are at today. The second part focuses on withdrawal strategies including Social Security. The third part focuses on investment strategies. I particularly like his chapters on annuities and real estate investment trusts. I do own some REITs but don’t own an annuity. I think an annuity can be a smart addition to a retirement plan. Having some of your income guaranteed helps reduce the risk you will outlive your money.
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