Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Mike Piper's "Can I Retire?" Book
Old 02-05-2011, 09:18 AM   #1
Recycles dryer sheets
jdmorton's Avatar
Join Date: Mar 2005
Posts: 150
Mike Piper's "Can I Retire?" Book

Has anyone read this book? I got a Kindle for Christmas and this was the first book I downloaded to it (well, that is besides a sample of "The Histories by Herodotus" ). Anyway, now that I have reached one of the milestones for my company's pension plan - 55 years of age and at least 10 years of continuous employment - I am now starting to investigate how to invest in retirement.

I thought the book was a good overview of evaluating your finances for retiring and then how to invest when you retire. But what I really found interesting was his recommendations on how to withdraw the money saved for retirement that you might have in various savings accounts (for me, that is my 401(k)) - especially the tax implications. While one might question/disagree/debate some of his recommendations (like the use of SPIAs and seeking help from professionals), I thought he did a good job of laying out the pros and cons of their use.

Perhaps the most benefit I derived from the book (besides how short it is - 100 pages) was now I have a better understanding of what it will take to retire, and the areas I need to learn more about. In fact, after finishing this book I immediately downloaded "The Boogleheads' Guide to Retirement Planning" to my Kindle - one of the books Piper recommends for further insight into this subject.

I also downloaded Jim Otar's book "Unveiling the Retirement Myth" when it was available for free earlier this year. I just need to see if I can now load it onto my Kindle from my PC.

Well, Helen; shall we just go home?
jdmorton is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-05-2011, 09:23 AM   #2
gone traveling
Join Date: Apr 2009
Location: Eastern PA
Posts: 3,855
Originally Posted by jdmorton View Post
Has anyone read this book?
I did, and I found it a good, basic primer for anybody who has never asked themselves the question.

While DW eyes go up whenever I talk about retirement finances, I had her read the first few chapters and she found it interesting (which for her, is saying a lot ).

I can't comment on Chapter 12, since we don't have taxable retirement investments. I'll leave that to somebody else...

rescueme is offline   Reply With Quote
Old 02-05-2011, 09:52 AM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 7,664
Besides his own web site, Mike hangs out as TheObliviousInvestor over at Bogleheads Investing Advice and Info
LOL! is offline   Reply With Quote
Old 02-05-2011, 02:46 PM   #4
Dryer sheet aficionado
Join Date: Feb 2011
Posts: 34
I have not read the Mike Piper book, but I just wanted to say that the other two you mentioned are both five stars. I also did the free download of the Otar book and it was so solid that I decided to splurge for the real copy (expensive by most book standards). I've read 4-5 books specifically on retirement planning, and Otars I rate #1, Bogleheads guide to retirement #2. Enjoy them!
verygoodthings is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Book report: "True Enough" and "truthiness" Nords Other topics 3 10-15-2008 08:28 PM
Book report: "The Little Book of Value Investing" Nords FIRE and Money 5 01-07-2007 11:00 PM
Book reports: "Blink" & "Tipping Point" Nords Other topics 2 12-04-2005 04:15 PM
Book report:  Marc Freedman's "Prime Time" Nords Life after FIRE 16 03-23-2005 11:52 AM
Book report:  "1st National Bank of Dad" Nords Young Dreamers 9 03-21-2005 09:30 AM


All times are GMT -6. The time now is 01:42 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.