Free PDF What Color Is Your Parachute? for Retirement, Second Edition: Planning a Prosperous, Healthy, and Happy Future (What Color Is Your Parachute? for Retirement: Planning Now for the), by John E. Nelson Richard N. Bolles
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What Color Is Your Parachute? for Retirement, Second Edition: Planning a Prosperous, Healthy, and Happy Future (What Color Is Your Parachute? for Retirement: Planning Now for the), by John E. Nelson Richard N. Bolles
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Review
"It's one of the most thoughtful, engaging retirement planning books available because it lays out a specific, valuable planning model called the Retirement Well-Being Model." --Mark Miller, RetirementRevised.com"Useful insights and exercises to help you make the best choices for this new stage in life regarding work, leisure, health, and where you'll live." --Steve Vernon, CBSmoneywatch.com"Can help Americans sort through the retirement lifestyle they want and need, instead of the one that Madison Avenue wants to sell them." --Robert Powell, MarketWatch.com"A useful, practical roadmap for anyone thinking about retirement, no matter how distant." —USA Today"Filled with exercises and resources on such matters as making lasting friendships, evaluating medical treatment plans, and finding the ideal place to settle down." —Employee Benefit News"Retirement researcher and writer John Nelson argues that there are at least five other key components of a successful retirement, in addition to the financial one." —Investment Advisor“Parachute for Retirement isn’t just a book—it’s a step-by-step guide to planning your retirement life.” —Wall Street Journal “A nice compliment to the more typical IRA-intensive school of retirement planning.” —Washington Post
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From the Inside Flap
You may be wondering what's new in this revised edition of What Color Is Your Parachute? For Retirement.First, you'll notice that it captures the continuing evolution of retirement as a life stage. Society is irrevocably remaking the old retirement into a new retirement--even though no one knows yet, for sure, what that will mean. This book helps you prepare for that momentous shift. Second, you'll notice that this edition provides you with additional planning tools and techniques. Even with all the uncertainty, you'll still have more freedom in retirement, than in any other stage of life. This book helps you design, and take concrete steps toward, the life of your dreams. The emergence of the new retirement has been hastened by economic turmoil. Rather than being an anomaly, the Great Recession is representative of a long-term shift. It wasn't simply a deviation, and then a return to normal. Instead, it reset the expectations for what normal is. (The new normal?) How does all this affect you, and your plans for retirement well-being? Financially, we've seen our retirement accounts and home values take the roller-coaster ride of a lifetime. Traditional pensions, which offer a guaranteed monthly benefit, have increasingly shown signs of inadequate employer funding. A similar problem on a larger scale is being faced by Social Security. The ballooning federal debt complicates long-term fixes for the Social Security and Medicare funding problems. At all levels, governments will be forced to re-think the assistance they provide to a rapidly growing number of older citizens. Uncertainty has prompted many to keep working as long as possible. Have we now come to view continued employment as an expected part of retirement? Geographically, we've begun to think more deeply about where we really want to live. Rather than speculating on future home values, we're viewing our home and community as environments that support the life we want to live. Medically, we know retirement is a life stage that brings increased interaction with the medical delivery system. But the system itself will be undergoing significant changes in the coming years--just when we'll personally need more care. One effect of economic stress is to drain our biological vitality, so it's even more important for each of us to build that up, directly. Psychologically, the concept of retirement happiness as carefree decades of leisure is now out of date, and out of step. It's being replaced by our desire for a deeper sense of fulfillment, and engagement in life. From now on, we're more likely to recognize that our happiness is connected to our sense of community, than our level of consumption. You can use this book to gain insight and make plans for all these areas of your life, because it's a unique kind of retirement book. It's not a finance book (although it is about prosperity). It's not a medical book (although it is about health). And it's not a psychology book (although it is about happiness). Instead, you might think of this as an introductory course into all the aspects of designing your retirement life. Or if you've already studied retirement, you might think of this as your capstone course, pulling all of your studies together. Either way, you'll find this book to be both a philosophical, and a practical, resource. Finally, here's a bit of heart-felt advice for you. The best way to read this book is to actually do the exercises, fill in the blanks, and write all over the pages. We provide you with a process for designing your retirement life. But you, Dear Reader, must provide the content. That's how you make it into your book, instead of our book. After all, it's your retirement, isn't it?
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Product details
Series: What Color Is Your Parachute? for Retirement: Planning Now for the
Paperback: 288 pages
Publisher: Ten Speed Press; 2 edition (July 13, 2010)
Language: English
ISBN-10: 9781580082051
ISBN-13: 978-1580082051
ASIN: 158008205X
Product Dimensions:
6 x 0.7 x 9 inches
Shipping Weight: 1 pounds (View shipping rates and policies)
Average Customer Review:
4.0 out of 5 stars
80 customer reviews
Amazon Best Sellers Rank:
#47,912 in Books (See Top 100 in Books)
It's difficult to write this review. I was within 6-8 months of retirement when I got this book and looking for some new ways to think about retirement. I knew about the finances, finding hobbies, and looking for ways to find meaningful activities in retirement. I learned a few things here or reinforced what I already knew. In other cases, I found the information pretty much what I expected to find.Would I recommend it to others who may be looking ahead to retirement? Definitely. You will find a broad perspective here. And who knows? You may find just that tidbit you are looking for.
I learned a lot about my retirement goals though the exercises included in the book. I also now have ideas that will help me get closer to what I want in retirement, such as relaxation, energy and movement. This is a great book to get you thinking about your next phase of life!
Nelson provides systematic exercises for assessing retirement factors financial planners don't want to discuss. With these exercises potential retirees can integrate their values and character strengths with constraints of place, relationships, practices, medicine and the quality of one's financial pillars.
I have used this book as a reference all throughout my career, and now I will use it in retirement. I have been impressed with how he presents the theory of retirement and how most people look at it as an end, instead of as a beginning. My outlook has changed after reading the book. I hope it helps everyone else to look at retirement differently and to get on with life!!!
If you read the original parachute color book you kinda know the philosophy this book will take. And for retirement planning that's actually a good thing. Much more of a personal journey than a financial cookbook. What do you want out of this phase? No answers, but great mirror into yourself if you take the time to work through the material.
A good starting point for retirement planning with references to many other resources. It covers a broad variety of topics that are important to consider, but leaves priority setting to the reader. I was expecting more depth on taking the results from determining my values and strengths and turning that into plans for activities and lifestyle choices, similar to the original book on career planning. But I still recommend this book to those who are getting started in the process of thinking about retirement.
A lot of good information in this book. I skipped quite a bit as a lot of it is about financing your retirement and I'm already there. I was more interested in making sure I'm happy and successful ar Retirement and it has some great ideas.
Good read for those who want to read about a comprehensive plans for your retirement.goes much beyond financial goals. It looks at your core values. Strengths and past history to create a retirement of engagement where you create your own third phAse of life. Several self assessments nee d completion so t
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