Free Download The Late-Start Investor By John Wasik
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This is the first guide to lifestyle and financial planning created specifically for people who hope to retire within fifteen years or less—even if they currently have little or no savings.
Late-start investors—numbering some 51 million baby boomers—face the reality of entering their fifties with insufficient funds for retirement. Their vision of life after work varies: for some, it’s carefree days with grandchildren at the beach; for others, it’s the freedom to travel or pursue a passion that may even earn a small income. One thing is certain: the average fifty-year-old in America has saved only about $3,000, far from enough to fund those dreams. Still, there’s no reason to despair. Combining practical advice, insight, self-assessment tools, and inspiring real-life stories, The Late-Start Investor offers a roadmap to a more secure and fulfilling future for those racing to catch up.
John Wasik’s positive, practical strategies go beyond lifestyle evaluation and planning—they show readers how to design the ideal investment plan tailored to their personal retirement vision. His recommendations balance the need to limit risk while ensuring investments grow faster than inflation. The Late-Start Investor explains how Social Security and pensions fit into the retirement picture, and how to enhance them with a smart mix of stocks, bonds, and mutual funds. With this book, readers gain the clarity and confidence to stop fearing the future and start building toward the life they want.
Editorial Reviews
From Booklist
Wasik—journalist and author of five other books—addresses those over 50 who have minimal retirement savings. He presents a strategy for building a secure nest egg through carefully chosen stocks, bonds, and mutual funds that aim for steady returns with manageable risk. He challenges common retirement myths and introduces the concept of the “New Prosperity,” a flexible plan addressing financial, vocational, physical, emotional, and spiritual needs.
Wasik covers lifestyle design and offers practical tips to reduce expenses—such as lowering mortgage costs, cutting insurance premiums, and saving on home maintenance and utilities. He even suggests home gardening and preserving produce for year-round savings. Reminding readers that Social Security will likely cover only a small fraction of their expenses and that company pensions are far less generous than in past generations, Wasik emphasizes the need for proactive planning. — George Cohen
About the Author
John F. Wasik is the author of The Investment Club Book and an award-winning journalist specializing in personal finance and consumer affairs for over sixteen years. He is currently a special projects editor at Consumer’s Digest and lives with his family in Wauconda, Illinois.