Robert Lamoreaux, who wrote Winning or Losing the Financial & Retirement Race, says that everyone who is alive today is running in the retirement race of their lives. As with any race, there are rules to follow and times are kept to figure out who won and who came in second or third. Robert Lmoreaux compares getting your finances in order for retirement to running a competitive race. The book goes into great detail about how the reader can end up in the winners circle by the time they retire.
This step-by-step book on how to win the retirement race was written by estate planner Robert Lamoreaux, who has worked in the field for thirty-five years. As with any race, the runner must set goals and make plans for how to reach them. Since everyone alive today is in the race of a lifetime, we all need to get ready to cross the finish line with our arms raised in victory. The book tells you the rules and strategies you need to win the race.
Robert Lamoreaux (pictured on the left) says in a direct way that everyone is in the race to retirement just by being alive. There is nothing else to do. At the same time, everyone in the race is at a different point because the start times are not the same for everyone. The book talks about the different stages of people's lives and the different ways to beat the competition.
Easy-to-follow instructions are given for people of all ages, from those who are very young to those who are in the middle of or nearing the end of their careers. From setting goals to getting practical tips on how to live a more financially stable life, the book gives you the tools you need to win.
As with any race, the runner must follow the rules and follow the timing rules that society has set up to figure out how well he or she is doing. The author stays away from the technical and legal details on purpose. Instead, he or she gives background information and advice for talking with professionals in fields like accounting, financial planning, and law. The book is a good starting point for more research and study of the more technical details. By focusing on the important ideas that everyone on the path to retirement needs to know, the author makes a set of tools that can be used by anyone, no matter where they are in life or how much money they have.
The best thing about Winning or Losing the Financial & Retirement Race, in my opinion, is that it gives a practical, step-by-step plan for getting to a place where you don't have to worry about money when you retire. A healthy and wealthy retirement is a goal that can be reached without making big, painful sacrifices or giving up the good things in life. There is a lot of good advice on how to make smart decisions about investments, run a successful business, and buy the things you need.
The author also knows that the road won't be easy and that the race will usually have a lot of hurdles and things to avoid. There are chapters in the book about health and medical costs, marriage and family costs, planning for funeral costs, and planning your estate. By not avoiding things that could be painful, the book can help the average person plan their lives much better.
I think Robert Lamoreaux's book Winning or Losing the Financial & Retirement Race is a powerful and honest guide to retirement and estate planning. No matter how old you are, from 20 to 80 or anywhere in between, there is advice for you and your own race to retirement.
Read Winning or Losing the Financial & Retirement Race to help you and your family win the race to retirement. You are already in the race, so you might as well try to win it.