Fearless Retirement: How to Retire Without Financial Worry

Ever since I read this book I have been telling EVERYONE to read it! In fact, I have even done the classic "don't do what I did" routine - which is, don't delay! I purchased this book a few months ago with all good intentions of reading it right away. Instead it wound up in a stack of all sorts of other books I planned to read - even some that I've started. Then I took a trip and grabbed this book for the plane. Wow! As soon as I began reading I knew I had done myself a big disservice by putting it off! Don't do what I did! Buy this book now! Read it NOW!Fearless Retirement is well written, well researched, and very well organized. It isn't "salesy" and Mr. Toner is both clearly passionate and very knowledgeable about his subject. He lays out a simple but unique framework for what to do to make sure you can retire fearlessly! And if you already have, he tells you what to do and how to do it so you won't run out of money before you die and so you can care for yourself or your loved ones should that become necessary. These days we are living so much longer in retirement than the generations before us that we really do need to understand how 20 years or more of expenses, inflation, rising health care costs, and more can be planned for. If you want to help your grandkids go to college or want to leave a legacy for the next generation, Mr. Toner tells you how to make that happen, too.I consider myself pretty financially savvy. I read a lot, I study a lot, I have a financial adviser. My husband is fully retired and I'm close to retirement. I thought I knew what we were dealing with. I was wrong! In a few short hours of reading I learned how to safely choose a financial adviser, about instruments for managing my money I'd never heard of before, and about ideas that I can implement today. It was so refreshing to get an entirely unbiased perspective for once on how to go into retirement and thrive rather than feel like I just put up with a car salesman trying to meet his firm's quota for the month!Mr. Toner references information in Canada as that is where he resides, but provides plenty of examples, links, and resources for non-Canadian information.Fearless Retirement provides both a different perspective on the industry and a clear framework for understanding and addressing your personal situation. It walks you through what you need to know and helps you create a plan so you can retire without financial worry.What you don't know can cost you money. Don't delay - buy Fearless Retirement and READ IT TODAY! And then buy copies for your friends because they will definitely thank you!

I found this a good general overview of a particular method of planning for retirement income. I found it a bit short on specifics and details. Some of the solutions that were referenced included products that I think are somewhat misleading to investors using their portfolio to produce income. For example I felt there was too much deference to mutual funds, which for someone with limited capital, may want to employ, but the target of this book is those with considerable money and mutual funds are a poor option, given the multitude of hidden fees and lack of liquidity.I also found the solutions indicated unduly complex. The ordinary person would have a difficult time following the various steps and pots for allocating funds. I’m a professional accountant with an MBA and many years working in finance, and I have a fairly substantial portfolio, and I found it complicated.From a personal and practical perspective, I found little in the way of tools and techniques that I could use as I head into retirement in the next year or so.I commend the author for taking the time to share his experience and insights and I think it is worthwhile reading; it's just not the ultimate solution.

Let's face it, books about retirement are a dime a dozen. Very few are worth their price, and some of the kindle books are poorly written, lack meaningful information, and are a waste of time. But...Fearless Retirement is a good read. The author has a great background incuding psychology as well as finance in this specialized field. Even though I have been retired for 20 years, I learned some great concepts. One of which I especially recommend is the whole treatment of Maslow's Hierachy of Needs as related to Retirement Planning. You see, I started out with about $10,000 a month planned for our retirement by working hard, saving, and doing the American success story. Then as we retired, our world unraveled with the bankruptcy of our annuity company, a major illness, and a few other ups and downs. In other words, we experienced life in its myriad forms and shapes. Nonetheless, we have had an incredible retirement on 30% of our professional pay from our past life...partly because we got in tune with our true needs and desires.In fact, last week while driving our motorhome near Tucson, AZ during our winter sojourn, we met a bicyclist at a rest stop who was fixing a flat tire. He was about ten years (age 66) younger than me having retired at 54, and was completing a 11,000 mile bike trek around the USA. He had a few months to go, then planned to trek along the Arizona Trail with only his backpack. And...I forgot to mention that he had aleady completed the Pacific Crest Trail, The Continental Divide Trail, and The Applachian Trail as well. Oh...he also canoed the complete route of the Mississippi from its source in Minnesota to New Orleans. And a few other major rivers, including the Yukon. That's all in addition to sailing around the world twice, in his own 38 foot saiboat, including around the The Cape of Good Hope and The Horn of South America. Here's the interesting part...he has been living on $600 a month for the past six years on these bicycling and canoeing trips. During his sailing adventures of four years, he averaged $1000 a month expenses after paying $38,000 for his sailboat that he outfitted. So...yeah! You can spend your life trying to save and work for that elusive 0ne or two million to call it quits and restart your life, or you can just say "F" it and start now with what you have and need. And say..."I'm outa here. Life calls me." Read this book first and get some valuable ideas. And by the way, my wife and I have been living on $2000 a month for over 20 years travelling about the world as well. Happy Travels and Happy Retirement.

A very detailed account on what you should do for your future.It takes a definite type of person who can think into the future and plan ahead and inside this book there are plenty of suggestions on how anyone with a strong will and some disposable income to invest.It's well worth the effort to at least follow one of the suggestions in this book.

Much needed information which should benefit not just retirees but anyone who wants to invest as safe as possible. Wish we had had some of this sooner as it might have helped avoid some costly mistakes.

Very good and thought provoking. Takes a new look at how to survive retirement and think about funding it!! Ignore Canadian views principles apply no matter where you are

I believe that, although the information in this book is good, the beginning states that it isn't about the money. Ultimately it is most definitely about the money because, if you don't have a fair bit of money saved, this book is of no use.