Retirement Terms: Financial Education Is Your Best Investment

The Simple Guide to Saving Income, Planning, Fund, & Investing for Retirement

By: Thomas Herold

Narrated by: William Bahl

Length: 6 hrs and 11 mins

Publisher's summary

Are you approaching that golden age of retirement? If so, you’re likely starting to get a lot of things in the mail or in the office that is related to your retirement that includes jargon you may or may not be familiar with.

Don’t let intimidating jargon keep you from planning and saving for retirement. Get familiar with some of the most common words you’ll encounter while financing your golden years.

This practical glossary audiobook compiles a list of over 80 most common retirement terms you’re likely to encounter. Every retirement term is explained in detail, with clear and concise article-style description and practical examples.

Most commonly asked retirement questions:

• When should I begin taking Social Security?
• How long will my money last?
• How much money do I need to retire?
• Should I buy an annuity?
• How much will I spend?
• How will I pay for medical expenses in retirement?
• Should I take my pension as a lump sum?
  

People also often ask:

• Can I afford to retire?
• Can I retire abroad/overseas?
• What are legal ways for tax-free retirement?
• How much money will I spend in retirement?
• How do I prepare financially for retirement?
• What should I do before I retire?

This extensive dictionary covers all aspects and areas of retirement terminology. Starting with retirement planning to when you get ready to leave the workforce, thinking about things like when to take the leap and how you budget on a fixed income, everything is dealt with.

Having a resource that helps remind you what the lingo you’ll see in the mailers and notices from your employer, the government and many other sources can be incredibly helpful.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

©2019 Thomas Herold (P)2019 Thomas Herold

Secure income in retirement

This is an excellent book on how to build a reliable stream of secure income in retirement. Many authors provide good high-level guidance but fail to explain the specifics of how to select dividend-paying companies and build a balanced portfolio. Herold explains his approach fully with detailed examples that clearly show how to perform thorough evaluations of prospective companies.
If you are looking for a practical guide to building an income-generating portfolio, this is the perfect audio book for you.

Another genuine joy

I started by dipping into this book, and discovered a list of 365 reasons why retirement is so enjoyable – some things that are now a joy to be able to do, and others that are a joy to be able to give up doing. But I couldn’t just look at one of the 365 reasons each day – I had to keep going. And then I noticed that, while there were some reasons I didn’t identify with, there were others that fitted me perfectly. So I started listing their numbers, for future reference. After 10 I stopped. Now I just pick up the book and look at the reasons at random . It always puts a smile on my face.

Turn my 401K & IRA into income

As I'm approaching retirement in the next couple of years, I began wondering how to turn my 401K & IRA into income. After years of investing for growth with the advice of a financial councilor; I was dissatisfied with the recommended approach. Selling my hard earned nest egg didn't make sense. I started searching for different books and learned about dividend investing, but the primary suggestion was invest in companies that have a long track record of paying a growing dividend. Is that all there is to it? No, not by a long shot. Mr. Herold clearly articulates a philosophy and method for researching if a company's financials indicate it has the wherewithal to continue paying the growing dividend. It also identified investment engines I had not heard of before, such as Master Limited Partnerships (MLPs) and Real Estate Investment Trusts (REITs). These are in addition to the S&P 500 long term dividend champions.

Retirement help

This Audio book explains the mysteries of investing, insurance, IRAs and 401(k)s, annuities and other financial products in ways that make sense for non-experts. I will keep it as a guidebook.

Great spot to start

Wow talk about a timely book. Myself and half of America are trying to figure out retirement and this book is a great spot to start. It gave me invaluable insights, had practical suggestions and made me do some serious introspection. I listen it once and I'm starting on it a second time, as the book said I can't afford to mess it up, retirement is how I'm going to spend the rest of my life and not every day (in retirement) is a vacation day.

Taking a break from hard work

I’ve always been a planner and a doer so this book was just the inspiration I was looking for. It’s an easy understanding with short chapters and over 80 most common retirement terms. Every retirement term is explained in detail, with clear and concise article-style description and practical examples. There was actually nothing new here that I haven’t thought of before but it put some structure around my thoughts.

Essential for the retired income investor

No matter how old you are 25 just out of college or a 55 empty nester, this book helps you understand the urgency of now for getting started on a savings retirement plan. Retirement is never too early in fact the smartest investors capitalize on how easy it can be when we start sooner. Retirement Investing for Income ONLY is one of the best books written for the retired person living on there investments income. It focus is on sound fundamental companies with a growing income stream. The book covers Bonds, MLP, dividend stocks. There is comparisons of different investment vehicles, and I was surprised to learn new ideas on how to optimize my income without taking on undue risk. Although I did not read specifically on the power of compounding; the emphasis on dividend growth indeed stress the power of compounding. The book covers the essential tools on evaluating potential stocks. It is well written. There are voluminous books on investing but this book stands out as it focus on what is optimal for the investor to succeed. This book is an essential listen for every retired person investing for income. A well prepared retirement is tied to better quality of life. this book defines various vehicles available and how they work. I enjoyed it. Hope you do too

Winning at Retirement

It has good takeaways and the essential information are simplified. I'm considering it as a treasure chest as it has been filled with financial tips and advise anyone retired or who's nearing retirement. As someone that works regularly with people either in retirement or entering retirement “Winning at Retirement” addresses and give guidance to so many of the areas of concern and answers some of the real world questions we all have with solid tools to help guide you through the maze and confusion of entering this phase of life. An excellent resource for anyone in retirement, thinking about it or helping others with planning for it. The chapters on Health and wellness and Legacy are particularly interesting as som many financial books do not address these extremely important issues that all retirees face. Well done!

Very impressed

I found this audio book very informative and easy to follow and understand! As explain about how much money will I spend in retirement? and How do I prepare financially for retirement? Very impressed .. I will be taking more

Not what was advertised in description

The entire book is just financial definitions. The intro listed all of the pertinent questions one has when considering retirement and none were answered. It should be more clearly stated in the book description that this is just a list of 80+ financial terms. Not helpful at all.