As a wealth advisor for over 37 years, I find many people reach retirement lacking clarity and confidence. Traditional financial advice often focuses on things that are unknowable, uncontrollable, and frankly don’t matter that much. While sound technical investment, estate, and tax planning are critical, the soul’s need for meaning and purpose are as important as sound financial plans. The path to true financial peace may be simpler than you think. These books can help you focus on the fewer, more critical things so that you can thrive in retirement and free yourself from financial media which is not in business to support your vision of a meaningful life.
I wrote
The Money and Meaning Journey: A Guide to Clarity, Financial Confidence, and Joy
If you could only read one book on retirement planning (other than mine of course!), this is the one I’d recommend.
It covers a wide range of financial planning and investment topics: life-planning, goal-setting, investment strategy, financial stress-testing, spend-down strategies, tax-management, social security, Medicare, annuities, insurance, reverse mortgages, estate planning, elder abuse, and more
However, while comprehensive, it also does not get too “deep” in the weeds and is filled with wise counsel.
This is your one-stop, definitive resource as you prepare for a secure and comfortable retirement.
Investment and personal finance experts Larry Swedroe and Kevin Grogan present uniquely comprehensive coverage of every important aspect you need to think about as you approach retirement, including:
Social Security, Medicare, investment planning strategy, portfolio maintenance, preparing your heirs, retirement issues faced by women, the threat of elder financial abuse, going beyond financials to think about your happiness, and much more.
These topics are explained with the help of specialists in each subject. And everything is based on the…
There are many great books on behavioral investing.
Some are quite difficult to get through with case studies and a deep discussion of the research.
What I love about this book is that Dr. Crosby pulls so much of the research together in a humorous, entertaining, and useful way. Using stories and analogies, you can learn how to be a better investor by managing your behavior.
From the New York Times bestselling author of the book named the best investment book of 2017 comes The Behavioral Investor, an applied look at how psychology ought to inform the art and science of investment management.
In The Behavioral Investor, psychologist and asset manager Dr. Daniel Crosby examines the sociological, neurological and psychological factors that influence our investment decisions and sets forth practical solutions for improving both returns and behavior. Readers will be treated to the most comprehensive examination of investor behavior to date and will leave with concrete solutions for refining decision-making processes, increasing self-awareness and constraining the…
Preface: Over the course of the last three decades, I've been an advisor to individual investors, and now - for want of a better description - an advisor to other financial advisors. This book will tell you absolutely everything of critical importance that learned about investing during that time. That's the good news. It may also be the bad news. It's potentially good news because if one labors diligently and lovingly at this profession for over thirty years, as I've tried to do, one learns an awful lot about how markets and investments really work. I need hardly add that,…
I read this book (a second time) as I was approaching my 50th birthday.
It totally changed the way I viewed the “second half” of my life. While this book is geared to a Christian audience, it offers great encouragement on ways you can “go to the locker room” at halftime and strategically plan the second half so that it is the best half!
Your midlife doesn't have to be a crisis. In fact, the second half of your life can be better than the first. Let bestselling author Bob Buford show you how.
What do you want to do with the rest of your life?
In Halftime, Buford provides encouragement and insight to propel your life on a new course to true significance--and the best years of your life. Buford focuses on this important time of transition to the second half of your life, giving you the tools you need to:
Take stock of your successes and accomplishments thus far
Redefine significance and…
Bob Buford introduced me to this book at the Halftime Institute in 2013.
I found this book when I was going through a difficult season - a “falling". This book has helped me understand that much of what we judge as challenges or “falling” is the raw material for personal and spiritual growth.
And that through the wisdom and insights of these challenges, the second half can be a time of great joy and excitement. I re-read it annually.
A fresh way of thinking about spirituality that grows throughout life In Falling Upward , Fr. Richard Rohr seeks to help readers understand the tasks of the two halves of life and to show them that those who have fallen, failed, or "gone down" are the only ones who understand "up." Most of us tend to think of the second half of life as largely about getting old, dealing with health issues, and letting go of life, but the whole thesis of this book is exactly the opposite. What looks like falling down can largely be experienced as "falling upward."…
We are all uniquely created for a purpose. Life is a journey to discover our “true self” and pursue our inspired purpose. Many of us reach the “second act” of our lives and have either not found our purpose, or sadly, fail to pursue it due to financial considerations. The Money and Meaning Journey can be your guide as you navigate the second half of your journey by helping you uncover “what makes your heart come alive” and create the margin (financial plans, time, and energy) to make the second half the best half! There are many books on spiritual freedom and many books on wealth management. This one speaks with passion on both topics.
