Thought-provoking book challenges conventional wisdom of endless saving and delayed gratification. It prioritizes life experiences and purposeful expenditure while people are still healthy enough to enjoy it.
Through use of financial products like Fixed Income Annuities then individuals can safeguard their retirement savings from market downturns; achieve reasonable growth; and secure a guaranteed income stream for life.
Efforts to "beat the market" are futile for most investors. A successful investment plan may use a passive index strategy with a diversified portfolio of very low cost Exchange Traded Funds (ETF) to capture market returns.
Expatriates should take control of their financial futures by adopting simple, low-cost, and globally diversified investment strategies and navigating tax laws. Avoid financial advisors that sell high-fee products.
The non-financial aspects of retirement are often overlooked. The book explores the opportunities for personal growth; creativity, and discovering one's authentic self during this life phase.