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    How Can I Retire If I Am 62 and Broke?
    How Can I Retire If I Am 62 and Broke?
    How Can I Retire If I Am 62 and Broke?
    Ebook31 pages16 minutes

    How Can I Retire If I Am 62 and Broke?

    By Dale Maley

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    About this ebook

    Most retirement books assume you have time to save and accumulate money or you already have a significant net worth. Most of the 67 million Baby Boomers who are approaching retirement age have run out of time to save and accumulate more wealth. This short story explores the options available to people reaching retirement age who are broke. After reading this short story, you will be able to make your own well-informed decision on how to optimize your chances of being able to retire.

    LanguageEnglish
    PublisherDale Maley
    Release dateMay 16, 2011
    ISBN9781458131287
    How Can I Retire If I Am 62 and Broke?
    Author

    Dale Maley

    Dale C. Maley is the author of the 19999 book Index Mutual Funds: How to Simplify Your Financial Life and Beat the Pros.He is also a contributing author to Chapter 18 Seeking Help from Professionals in the 2009 book The Bogleheads Guide to Retirement Planning.He is a very successful private investor who has been a student of Financial Planning and Investing for over 30 years. He was trained as an engineer at the University of Illinois and has been a practicing engineer for 32 years. His accomplishments as an engineer include the granting of 16 U.S. Patents and authorship of over 500 professional technical papers. He is also a member of the International Society of Automotive Engineers and the Society of Manufacturing Engineers.He also has earned an MBA (Masters Degree in Business Administration) degree from Illinois State University. His background in mathematics, engineering, and business provides him with the excellent basis for understanding and teaching investments and financial planning.He is also a very successful investor who has been investing in common stocks and mutual funds since 1980. He has also personally invested in both 401(K) and IRA plans, so he is familiar with participation and management of these types of investments. He has been investing in indexed common stock mutual funds since 1990.Dale became a Registered Financial Advisor in the State of Illinois in 2006 and is currently launching his business as a fee-only financial planner. He is President of Maley Financial Planning LLC.

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      Book preview

      How Can I Retire If I Am 62 and Broke? - Dale Maley

      How Can I Retire If I Am 62 and Broke?

      by

      Dale C. Maley

      SMASHWORDS EDITION

      * * * * *

      PUBLISHED BY:

      Artephius Publishing on Smashwords

      How Can I Retire If I Am 62 and Broke?

      Copyright © 2011 by Dale C. Maley

      All rights reserved. Without limiting the rights under copyright reserved above, no part of this publication may be reproduced, stored in or introduced into a retrieval system, or transmitted, in any form, or by any means (electronic, mechanical, photocopying, recording, or otherwise) without the prior written permission of both the copyright owner and the above publisher of this book.

      *****

      Table of Contents

      Chapter 1

      Historical Wealth Distribution

      Chapter 2

      Alternatives

      Chapter 3

      Working Longer

      Chapter 4

      Reduce Expenses

      Chapter 5

      Down-Size Your Home

      Chapter 6

      Sell Home and Rent

      Chapter 7

      Move to a Lower Cost State

      Chapter 8

      Move to a Lower Cost Country

      Chapter 9

      Exchange Your House for an RV

      Chapter

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