Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track
Americans approaching retirement age today have experienced some particularly frightening economic waves. During the Great Recession in 2009 and the COVID-19 pandemic of the early 2020s, older Americans experienced higher rates of job loss than younger ones, and the uncertainty caused by the rising inflation rates has led to exceedingly difficult economic circumstances for millions.
Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track, walks readers through the core decisions to make now to improve a person’s retirement outcomes—even if their planned retirement is just a few years away.
You’ll learn about the basics of rebooting a retirement plan with chapters on, among other topics:
• Making a plan
Timing Your Retirement
• Optimizing Social Security
• Navigating Medicare
• Tapping home equity
• Building savings
Retirement Reboot is an essential guide to help readers make the most of their remaining working years—whether they have very small savings or none at all—and reach the retirement they’ve always imagined.
Reserve your copy at Bookshop.org, or Amazon.
Read the reviews
The early reviews are in – read what the experts on retirement have to say about Retirement Reboot.
Listen to the Retirement Reboot podcast series
Listen to a series of podcasts focused on the key themes of Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track. The six episodes feature conversations with expert guests discussing Social Security, Medicare, saving for retirement and more.
Read excerpts from Retirement Reboot
The New York Times published an excerpt from the chapter of Retirement Reboot on the value of getting financial planning help. Financial planning and advice is no longer just for the wealthy. It can be especially important when planning for your later years.
Morningstar published an excerpt from the chapter of Retirement Reboot that examines strategies for optimizing Social Security. In this excerpt, I explain why Social Security benefits are so valuable, the annual cost-of-living adjustment, how benefits are calculated and how to time your claim of benefits.
In the press
The media is giving Retirement Reboot a great reception. Here’s a sampling of the coverage from MarketWatch, The New York Times, Morningstar, Yahoo! Finance, WealthManagement.com and other news outlets and podcasts.
Table of contents
By Chris Farrell, Senior Economics Contributor, Marketplace and Minnesota Public Radio
If you are getting close to retirement, the odds are pretty good that you’re not prepared. I don’t mean getting prepared emotionally—although retirement is a significant life transition that can shake people up. I’m talking about the financial side of retirement. And the statistics tell us that two-thirds or more of Americans nearing retirement age simply are not ready.
CHAPTER ONE: MAKING A PLAN
If you don’t have a financial plan for retirement, it’s impossible to know where you stand.
CHAPTER TWO: TIMING YOUR RETIREMENT
Timing is everything—and retirement is no exception.
CHAPTER THREE: OPTIMIZING SOCIAL SECURITY
Social Security will be your most important source of retirement income, so it’s important to understand how this benefit works, and how to get the most from it.
CHAPTER FOUR: NAVIGATING MEDICARE
Health care is one of the most significant expenses in retirement, and making smart choices about your Medicare enrollment can help you manage these costs.
CHAPTER FIVE: BUILDING SAVINGS
If you’re getting close to retirement and haven’t saved much, it is still possible to build significant savings late in the game.
CHAPTER SIX: TAPPING HOME EQUITY
If your retirement plan is coming up short, consider tapping what might be your most important asset: your home.
CHAPTER SEVEN: MANAGING YOUR CAREER TO THE FINISH LINE
How to stay gainfully employed as long as you want to—or need to—before transitioning into retirement.
CHAPTER EIGHT: AGING IN PLACE
Most Americans hope to age right where they are. But it’s important to eval-uate your living situation for age-friendliness—whether that is your current home and community or
CHAPTER NINE: MANAGING LONG-TERM CARE RISK
Contemplating a time when you might not be able to take care of your own daily living needs is difficult—but necessary.
CHAPTER TEN: THE VALUE OF ADVICE
Financial planning help once was the province of the wealthy, but over the past couple decades, it has become more accessible to average folks—and it has become far more professional and holistic in approach.
CHAPTER ELEVEN: TAXES IN RETIREMENT
Your tax burden will likely be lighter in retirement, but you may be able to smooth out or minimize the burden.
CHAPTER TWELVE: MANAGING YOUR PENSION
Traditional pensions are waning in the private sector, but if you’re lucky enough to have one coming, it’s important to manage it well and make smart decisions.
CHAPTER THIRTEEN: BECOMING AN ENTREPRENEUR AFTER 50
The word may sound intimidating, but entrepreneurship later in your career can be a great way to keep working.
CHAPTER FOURTEEN: FINDING YOUR PURPOSE IN RETIREMENT
Whether you work as a volunteer or part-time for pay, using some of your time in retirement this way pays big dividends for your own health and mental well-being.
CHAPTER FIFTEEN: TOWARD A NEW SOCIAL INSURANCE ERA
There is good reason to worry about the American retirement system as it is today, but we can improve it by strengthening and expanding our two most critical social insurance programs for retirement: Social Security and Medicare.
For more information on Retirement Reboot, download the press kit (PDF), or please get in touch.
- Retirement Reboot: Listen to the podcast seriesListen to a series of podcasts focused on the key themes of Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track. The six episodes feature conversations with expert guests discussing Social […]
- Retirement Rebootcast Episode Six: Toward a New Social Insurance EraThis week, the newsletter features the last episode of the Retirement Rebootcast – the special podcast series on my new book – Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track. Retirement Reboot is […]
- Retirement Rebootcast Episode Five: Investing for RetirementWelcome to the Retirement Rebootcast. That’s what I’m calling this special podcast series on my new book – Retirement Reboot: Commonsense Financial Strategies for Getting Back on Track. The book is out this month, […]