Posted on 04 November 2009
By Mark Miller
The baby boom generation is approaching retirement just as the economy has pivoted in a direction most of us didn’t anticipate. The Great Recession has unraveled the assumption that good economic times would carry boomers into a comfortable retirement; while the economy will recover eventually, we’re not likely to see the type of sharp bounce back that characterized the end of many previous recessions. That means anyone planning to leave the workforce in the next five to ten years will be retiring into an economy featuring sharply lower housing prices, sluggish portfolios and job insecurity.
That’s the subject of my first book, “The Hard Times Guide to Retirement Security: Practical Strategies for Money, Work and Living,” which will be published in Spring 2010 by Bloomberg Press. The book explores the new retirement landscape, and offers pragmatic strategies for achieving retirement security in what is shaping up as a prolonged time of economic challenge.
[amazon-product]1576603628[/amazon-product]My aim is to offer straightforward, practical strategies we can all use to build security for retirement; the book also includes interviews with people who have already taken steps toward achieving a “new retirement” that combines greater freedom and flexibility with continued, meaningful engagement in the world of work.
This book won’t offer silver bullet, quick-and-easy solutions. The tough reality is that many Americans will need to tighten their belts, postpone retirement and adjust their thinking about retirement. My aim is to help people build retirement security in the new economic landscape.
You can pre-order using the Amazon link on the lefthand side of this page.