Common Sense Retirement Planning: Home, Savings and Investment

Common Sense Retirement Planning:

Home, Savings and Investment

by Michael Ludian

Smashwords Edition

Copyright 2014 Michael Ludian

Smashwords Edition, License Notes

This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

‘This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that neither the author nor the Publisher is engaged in rendering legal, accounting or any other professional advice with respect to this publication. If, as a direct result of information supplied through this publication, legal advice or other expert assistance is required, the services of a competent professional person should be sought."

From a Declaration of Principles Jointly Adopted

By a Committee of the American Bar Association

And a Committee of Publishers and Associations

Copyright © by Michael Ludian 2014

All Rights Reserved.

Many of the designations used by manufacturers and sellers to distinguish their product are claimed as trademarks. Where those designations appear in this book and the publisher was aware of a trademark claim the designations have been printed with initial capital letters.

While the advice and information in this book are believed to be true and accurate at the date of publication, neither the author nor the editor nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein. (See Appendix for important disclosures)

Introduction

Surprisingly, in many cases people find it easy to spend too much money on things that don’t contribute to their long term financial stability. If people aren’t advised on how to think about their financial situation and long term retirement plans, it’s easy to be wasteful with their spending habits. Many people with good jobs that earn a good salary don’t think about how to invest their own money for retirement and could have very easily contributed to an individual retirement account (IRA) before the age of 40 in good sufficient amounts. Unfortunately, without the proper instruction and awareness some very intelligent and successful people find themselves with a small amount of money in their retirement accounts by the time they’re 40 or even 50 years of age.

Many working professionals would be surprised to see how much money they could potentially save by just investing a few hundred dollars each month into a mutual fund index, Treasury bond, stocks, or a bank Certificate of Deposit (CD). Instead of wasting money on things that will be worthless or garbage after a short time or a few years, it makes good sense to invest money into something that over time should increase in value. Many times people might think that investing in the stock market or planning for retirement is something that only certain professionals are trained to do. This is not true in general. Reading this book will point to some very specific basic fundamentals that anyone with a little common sense, could use to get the basic knowledge that is necessary, when thinking about how to invest and save for retirement.

A person is never too old to start saving and investing for their current or future