Wondering
how much you need to invest for retirement and where/how to invest? Ready for
retirement but wanting guidance on how to make your money last? Look no further than this excellent new book: Investing for a Lifetime: Managing Wealth
for the “New Normal” by University of Pennsylvania finance professor and
adviser Richard. C. Marston. It’s available at the Logan Library (332.6
Marston) and as an e-book through the USU library. Although persons who are
number phobic may have to take a few deep breaths before they start reading, this
is a most comprehensive and comprehensible book on investing. Due to its 2014
publication date, the data and references to the 2007-09 financial debacle make
it especially relevant. One aspect that I especially liked was the brevity of
each chapter. Although each chapter is packed with information and cogent
advice, one isn’t overwhelmed by too much data or detail. Professor Marston
writes with clarity and illustrates with understandable graphs and tables. Find
more information about the book, author, and additional resources at his
website: http://www.richardcmarston.com.
Read
the New York Times review which lauds
“the simple, straightforward approach” and how Marston helps “you determine
exactly how much money you need to put away” at: http://www.nytimes.com/2014/07/13/business/mutfund/investing-for-a-lifetime-by-richard-c-marston.html?_r=0
According
to the publisher’s (Wiley) website http://www.wiley.com/WileyCDA/WileyTitle/productCd-1118900944.html
“Investing for a Lifetime shows:
- how younger investors can set savings goals
- how both younger and older investors can choose investment portfolios to achieve these goals
- how investors can sustain spending once reaching retirement.”
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