With their famous wit, seasoned advice, and impeccable business savvy, the bestselling financial duo shows baby boomers how to build wealth and security -- and how to afford anything they want when the work is done.
Whether retirement is on the distant horizon or right under your nose, TheMotley Fool's Money After 40is for anyone who wants a stable future free from financial anxiety. Baby boomers will learn how to fortify their portfolios to weather any economic climate and live the life they want regardless of the market's peaks and valleys.
Applying the principles of commonsense money management, David and Tom Gardner first explain how to predict what you will need and desire when you stop working. Do you want to volunteer in the community? Do you want the resources to turn a hobby into a small business? Do you want to build an addition to your house for grandchildren? In plain language, the Gardners guide you in creating realistic financial goals. From owning the right size home to affording sufficient health coverage, from sending your kids to college to taking that exotic vacation,The Motley Fool's Money After 40explains how to:
- Organize your finances to preserve the funds you already have
- Master estate planning
- Create and protect wealth for your children and grandchildren
- Live a healthy, productive life free from anxiety and spiced with adventure
Using real-life examples and action plans that eliminate the drudgery of managing your income, David and Tom Gardner will help you understand exactly how to draw up financial plans sturdy enough to transport dreams. Designed to simultaneously educate, amuse, and enrich the reader,The Motley Fool's Money After 40is a one-stop financial guidebook for gilding your golden years.
The good life is within your reach under the tutelage of the Fools.Introduction:May We Help You?
Everybody needs money! That's why they call it "money"!-- David Mamet
It was the summer of 1994. The stock market was falling, talk of recession was in the air. The Internet was rising out of its niche into the mass market. And we decided to put everything professional on hold in order to transform our modest newsletter, "The Motley Fool" into a business. We had no anticipation of success. No plan to work together full time for the next ten years (had we known, things would be different). It was a sweltering summer in the nation's capital. We swept out the shed on the back of David's property, sat two computers side to side on rickety card tables, balanced Fool caps on our monitors, drank ginger ales, and set ourselves to the task of fielding financial questions online.
Should I buy stock in Intel?
What can I do to keep from getting rooked by a car dealer?
How can I teach my children about money?
What's the difference between fixed-rate and adjustable-rate mortgages?
Is my broker taking advantage of me?
What should I do if I have $9,000 of credit-card debt?
Is it a good idea to buy the annuity my advisor is selling?
Should I part with my shares of Xerox?
When is it best to take my Social Security distributions, at sixty-two or sixty-five?
The last decade has thrown a flood of financial inquiries our way. There were times when the flood was so ceaseless that our email boxes could've been declared Superfund sites. All the while our harmless little acorn venture, watered by your curiosity, was blossoming into an oak tree.
Two years later, we signed our first book deal with Simon & Schuster, the firm that's published our more than half-dozen books. Right about when the media started asking if the Brothers Fool could possibly be serious, we signed on to syndicate a column of financial education into the business sections of the nation's newspapers.
Public demand for education about finance was on the upswing.
And why not?
Seventy-five million baby boomer
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