Showing posts with label retirement. Show all posts
Showing posts with label retirement. Show all posts
76 Tips for Investing in an Uncertain Economy For Canadians for Dummies
0 comments Posted by RL Godfrey at 8:00 PMby Sheryl Garrett, Camilla Cornell
The Canadian publishing industry is doing their best to respond to the worldwide recession, and this one by Sharon Garrett, founder of the Garrett Planning Network, and Camilla Cornell, an award-winning personal finance writer is a welcome addition. Written with the same style and formatting of other "For Dummies" books - that is to say, extremely easy to navigate with a fantastically detailed table of contents and index – this one is less alarmist than other financial aid books which makes it immediately less intimidating (because let’s face it, financial insecurity is scary stuff). The first part is about what they call “The Basics”, or figuring out where you stand. You may be better off than you think, or there may be gaps you had not considered. This section lets you assess where you can save, where you can reduce debt and how you can set goals to get you to the next steps. Part 2 is extremely useful for those who want to know where and when to invest their hard-earned-and-increasingly-valuable cash, explaining the cycles through which the economy can go. It explains the differences between stocks, bonds, hedge funds, commodities, RRSPs and the relatively new TFSA (tax-free savings account), plus it delves into real estate investment trusts, government bonds, and gives tips on getting the most from employer pensions and taxable accounts. Part 3 focuses on understanding the risks involved with different types of investments, and provides advice on how to protect your savings for the long road ahead. Part 4 goes into how to accumulate savings – even for beginner investors, and then there are chapters on heading securely into retirement (active or the slowing-down stage), how and when to draw on your savings, and even how to preserve assets with estate planning for future generations. Whether you are on shaky, stable or secure financial footing, there is an abundance of helpful advice to be found in this book. Find 76 Tips for Investing in an Uncertain Economy For Canadians for Dummies in our on-line catalogue.
encore: finding work that matters in the second half of life
0 comments Posted by RL Godfrey at 8:07 PMby Marc Freedman, founder of Civic Ventures
Ostensibly written for baby-boomers who are either too bored or too poor to enjoy retired life, this book is just as relevant for anyone currently looking for fulfilling employment. It includes essays from trailblazers who have done complete 180’s from their former careers, like a former car salesman who became sick of the way customers were cheated, and traded in his lot to become what he calls a “social entrepreneur”. He started a business that provides low-interest loans and fuel-efficient cars to low-income families in rural New Hampshire. The interconnecting chapters explain the current state of employment for the baby-boom generation in the US, but the appendix is the really helpful part that helps you focus your own career path. With hard questions to answer like how much income you’ll need and which community or national problems motivate you into action, the appendix shares links for occupational direction, and directly focuses on some of the more prominent fields, like education and health care. According to a further example in the book, one doesn’t need to have started out in either field to start a new career in them – a former truant officer became a critical care nurse in her “retirement”. With this book and its examples as your guide, you’ll be on your way to becoming part of what author Richard Florida calls “the creative class” – the class that is likely to change the world. For further career direction, check out the “Career Cruising” database, available for free on our website http://www.stratford.library.on.ca/databases.htm#employment
Find a copy of encore: finding work that matters in our on-line catalogue.
Labels: Adult Non-Fiction, Careers, employment, retirement
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