The Ultimate Retirement Guide for 50+
Suze Orman dropped out of the spotlight a few years ago, but she’s back with the book The Ultimate Retirement Guide for 50+: Winning Strategies to Make Your Money Last a Lifetime . The book contains solid financial advice for retirees and near-retirees. The advice is aimed at Americans, but Canadian readers can easily skip parts that aren’t relevant in Canada. Surprisingly to me, some of the best parts of the book aren’t directly about finances. My favourite chapter is “Where to Live.” It begins “I imagine some of you are thinking you might breeze right past this chapter.” I was skeptical initially, but the advice is excellent. The main choice we will face is whether to live out our lives in the same home or move somewhere else. Orman explains the many advantages of moving somewhere more suitable for an older you, but she recognizes that many people are determined to stay in their homes. If you plan to stay, you should consider making changes to...