Here are the 10 Best Books on Retirement Planning

Ready to embark on a literary journey into the world of retirement planning? If you’re reading this article, chances are you already know that it pays to get started early! If you haven’t done so yet, read our article Retirement Planning: First Steps to Planning Your Platinum Years.

Here’s a compilation of the top 10 books, all highly regarded and highly rated on review sites such as Goodreads and Amazon. Each offers unique insights and strategies to help you navigate the complexities of retirement. So, grab a cup of your favorite beverage and dive into these enlightening reads!

1. The New Retirementality: Planning Your Life and Living your Dreams… At Any Age You Want by Mitch Anthony
   
   • Ideal for those aiming to retire young, this book encourages readers to plan not only their finances but also their personal fulfillment. It’s more of a ‘how to think’ about retirement guide, reflecting the nuances of modern retirement planning.
2. The Young Couple’s Guide to Growing Rich Together by Jill Gianola
   
   • Tailored for young adults, this book emphasizes the importance of starting early with retirement savings. Gianola breaks down retirement planning into achievable tasks and habits, making the concepts accessible and practical.
     
3. Women’s Worth: Finding Your Financial Confidence by Eleanor Blayney
   
   • Addressing the unique challenges faced by women in retirement planning, this book is a resource for women taking control of their financial future. Blayney offers guidance tailored to the rising number of households headed by single women.
4. Your Money or Your Life by Joe Dominguez and Vicki Robin
   
   • This book is recommended for those seeking comprehensive financial advice. It focuses on the concept of ‘life energy’ and how it relates to spending and saving, encouraging long-term financial planning and retirement readiness.
5. The Behavior Gap: Simple Ways to Stop Doing Dumb Things With Money by Carl Richards
   
   • Particularly useful for nervous investors, Richards’ book tackles the behavioral aspects of investing. It aims to help investors manage their behavior in fluctuating markets and avoid common financial pitfalls.
6. All About Asset Allocation by Richard Ferri
   
   • Suggested for active investors, this book covers the essentials of saving and understanding asset allocation. Ferri provides thorough and accessible guidance for applying these principles to retirement portfolios
7. AgeProof: Living Longer Without Running out of Money or Breaking a Hip by Jean Chatzky, Michael Roizen, and Ted Spiker
   
   • As life expectancies increase, this book helps middle-aged readers navigate the financial demands of a more active retirement. It correlates physical and financial health, underlining their importance in retirement planning.
8. Preparing Heirs: Five Steps to a Successful Transition of Family Wealth and Values by Roy Williams and Vic Preisser
   
   • This book is a guide for future heirs and families, focusing on the challenges of retirement, tax, and estate planning. It offers step-by-step techniques to facilitate family communication and reduce potential conflicts.
9. 7Twelve by Craig Israelsen
   
   • Recommended for experienced investors, this book presents a balanced investment philosophy. It’s designed for those who understand the basics of investing but seek to develop their own investment philosophy.
10. Get What’s Yours: The Secrets to Maxing Out Your Social Security by Laurence Kotlikoff
    
    • For those nearing or in the phase of drawing Social Security, this book simplifies the complex decisions around collecting benefits, helping to maximize monthly payments.

Each of these books offers a unique perspective and valuable advice, making them essential reads for anyone serious about crafting a solid retirement plan. Whether you’re just starting out, looking to refine your current plan, or helping family members with their own planning, these books are invaluable resources on your retirement planning journey.