- Paperback: 192 pages
- Publisher: Boxtree (4 May 2001)
- Language English
- ISBN-10: 0752272381
- ISBN-13: 978-0752272382
- Product Dimensions: 11.1 x 1.2 x 17.8 cm
- Average Customer Review: 2.7 out of 5 stars See all reviews (3 customer reviews)
- Amazon Bestsellers Rank: 854,913 in Books (See Top 100 in Books)
- See Complete Table of Contents
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More About the Author
Product Description
Amazon.co.uk Review
Investment Web site the Motley Fool has been clarifying the business of buying shares for years, and the latest in a series of spin-off books, The Old Fool's Retirement Guide, gives you a whirlwind guide to ensuring that you reach retirement age wealthy and wise. The reason the Fool is so popular is that it cloaks hard-nosed and practical information in a jokey and readable style. Most important of all it says that with a little research you can beat the City experts at their own game. You will learn when to start investing (now), and undergo a crash course in financial demystification. Starting with basics you will work out how much you're going to need to get through your latter years, and then how to build an investment strategy to realise that sum. Shares, pension schemes, ISAs, property--all are examined and weighted according to risk and potential return. And, shockingly, for those of us who've been led to believe that pensions are everything, the book will beg to differ. You will learn more about those financial experts--and those of you who've been lumbered with under-performing endowments and commission-heavy pensions won't be too surprised to learn that you can outdo them. And you will be pointed in the direction of the excellent online sources of information that will keep you clued up on your portfolio. Share-based investment portfolios have taken a considerable battering in recent times, of course. But the book makes a convincing argument that a long-term share strategy (and if you are aiming for retirement this is what you are building) will always smooth out the peaks and troughs in prices. Things are neatly concluded with solid advice on making your will, and how to release the equity in your (hopefully mortgage-free) home on retirement. If you learn nothing else from this book, the authors plead, remember the mantra "Start early!" As ever, the Motley Fool makes the serious business of money seem a lot of fun. --John Rennie
Product Description
Nowadays most people want to retire before they hit 65. According to the Fools it's never too early to start planning.
Inside This Book
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Most Helpful Customer Reviews
4 of 4 people found the following review helpful:
5.0 out of 5 stars
Invaluable advice for not much money.,
By A Customer
This review is from: The Old Fool's Retirement Guide (Paperback)
Unfortunately, the majority of people in the UK are rather ignorant of matters financial. As a Nation we are more than happy to delegate the management of our finances to so called "experts":- Financial advisers, pension consultants, Banks, Stock Brokers etc. etc. The big problem with this approach is the inescapable fact that all these middlemen take a big slice out of the individuals hard earned money in fees thereby reducing substancially the overall returns that are possible.The antidote to this is to adopt the "Pick your own Strawberries" approach to your finances. In the same way that you can get lots of lovely strawberries for less money by picking them direct from the field yourself, (cutting out the middlemen!) you can, with a little time and effort adopt the same principles with your finances. The Motley Fool series of books are the best I have yet come across to help the would be "Financial do it yourself'er". The OLD FOOLS RETIREMENT GUIDE is the latest in the series and is packed with invaluable information as to how to plan for your financial future. It is written in a concise easily digestible format and conveys it's very relevant points with humour and honesty. Pensions and investments need not be complicated as the City types would have you believe. This book blows a hole in the pomposity that surrounds finance and pensions. A great little read.
9 of 10 people found the following review helpful:
2.0 out of 5 stars
Disappointing book from an excellent stable,
By A Customer
This review is from: The Old Fool's Retirement Guide (Paperback)
The 'Motley Fool' series is a really excellent one. For the first time reader of their works this book will provide something, indeed much, of interest. However, compared to their other books (and I have read them all) this is a disappointment. There is little which is new in this book and the retirement sections of, for example, the Motley Fool UK Investment guide, are actually more informative. The authors of Motley Fool really must decide on a standard version of thier investment philosophy and develop this, rather than simply repeat it in several differnet ways.The book really cant make up its mind whether it is for those saving for old age, or already in it and trying to decide how best to take their income. It tries to do both and falls short on both counts, but particularly the latter. There is little or no discussion of many things -such as bonds or zeros - if only to dismiss them. These are (albeit briefly) explored in the Motley Fool UK Investment Guide - where the section on 'Hermiones old age' was very informative. If ths present book could have used this as a starting point we could have learned much more. Likewise, there is little consideration of those already in their forties but with little or no investment. The book all to often assumes you are in the early stages of a career or at the end of it. Buy this book if you are a first timer to the Motley Fool - otherwise stick with the UK Investment Guide and wait for the second edition of Old Age.......
5 of 8 people found the following review helpful:
1.0 out of 5 stars
foolish retirement,
By A Customer
This review is from: The Old Fool's Retirement Guide (Paperback)
After reading the uk guide to investing which was a first class book,plain speaking , a good lesson in reviewing one's finances, but this book is plainly stating the obvious ,we all now that we need a large pot to retire on, so the money spent on this would have been best spent towards that.
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