By Roberta L Nestor
With 10,000 baby boomers turning age 65 each day, it was not surprising to find literally thousands of books about retirement. Even the Dummies series boasts over 68 publications that are all related to retirement with most containing the words social security in their titles. When it comes to books on investing and the market, there are countless books, and many written by investment gurus such as Warren Buffet and Peter Lynch. But are these the kind of books you want to bring to the beach for your summer reading? Probably not! While it is easy to find books on retirement and investing, it is extremely difficult to find worthwhile books on these subjects.
“A Randon Walk Down Wall Street” was first published in 1973 and written by Burton Malkiel; a classic book on investing whose basic principles of investing are timeless. In his 11th edition, published in January 2015, Malkiel includes a new chapter on exchange traded funds (ETFs) and emerging markets. “Not more than half a dozen really good books about investing have been written in the past fifty years. This one may well belong in the classics category.” — Forbes
Some of the more interesting finds are those about relocating out of the US for retirement. “Move to the Place of Your Dreams: A Relocation Handbook” by Troy Heerwagen offers a good balance between fulfilling your dreams and reasons to stay put! If you are looking for charts and a step by step process, this read offers both. It is a comprehensive guide to help you organize your feelings and thoughts about relocation. “Relocating: How to Find the Best City to Call Home” is written by a realtor, Troy Heerwagen, who has a focus on family relocation which happens to be more and more common with baby boomers following their college age children. Of course, Amazon has a huge selection from relocating to Costa Rica to or simply moving to Florida.
Traveling during retirement offers tremendous opportunities and the chance to fulfill dreams. There are an unlimited number of books about travel, but few that focus on travel during retirement. “65 Things to do when you Retire – Travel” draws on the experience and travel expertise of 65 writers. Instead of just getting facts about travel destinations, this read offers the personal adventures and some really exciting travel opportunities. Have you ever thought about visiting several countries on a wine tour? Attending writing workshops in Europe or participating in archaeological digs? Written by Mark Evan Chimsky, this book is enjoyable.
Giving back is another aspect of retirement that can offer rewarding and fulfilling experiences. “Tales of a Silver-Haired Volunteer: Going Far and Giving Back” is exceptional! Written by Carole Howard and published just a few months ago, she offers “out of the box” experiences for retirees who want to use their decades of expertise to help others around the world. It is a very inspiring story told with humor and heart.
Roberta L. Nestor is a financial advisor practicing at 491 New Haven Avenue in Milford, CT offering retirement, long term care, investment and tax planning services. She also offers securities and advisory services as an Investment Adviser Representative of Commonwealth Financial Network – a member FINRA/SIPC and a Registered Investment Adviser. Fixed insurance products offered through Nestor Financial Network are separate and unrelated to Commonwealth. Commonwealth Financial Network or Nestor Financial Network does not provide legal or tax advice. You should consult a legal or tax professional regarding your individual situation. Roberta can be reached at Nestor Financial Network, 203-876-8066 or firstname.lastname@example.org.