Personal Finance After 50 For Dummies by Eric Tyson (US edition, paperback) - 9781119724186

The best way to take control of your post-career financial future  Retirement is lasting longer for all of us. That’s why—and however long you decide to keep working—it’s essential to plan ahead so you can live your post-career life as you wish. The latest edition of Personal Finance After 50 For Dummies details what you need to know—making it the perfect book to shelve next to your diet and fitness library, so you can keep your finances, as well as your health, in peak condition. Whether you’re new to financial planning or are pretty savvy but want to cut through the noise with targeted information and advice, you’ll find everything you need to know about how best to spend, invest, and protect your wealth so you can make your senior years worry-free, healthy, and fun.   In plain English, retirement and financial experts Eric Tyson and Bob Carlson cover all the issues from investing, Social Security, and the long-term insurance marketplace to taxes and estate planning—including state-by-state differences. They demystify the muddy world of financial planning and provide strategies that make the course ahead crystal clear. They also dive into less obvious territory, showing how it’s possible to strategize financially to avoid the worst impact of unexpected events—such as the COVID-19 crisis—as well as exploring what investment approaches you can take to protect the most important possession of all: your own and your family’s health.   Minimize your taxes and make wise investing decisions  Find out how the SECURE Act affects retirement accounts and savings  Navigate the latest Medicare, Social Security, and property tax rules  Dig into what’s new in estate planning and reverse mortgages  Get what you want from your career as you approach retirement  Whether doing it for yourself or for parents, it’s never too late to begin retirement planning—and this highly praised, straightforward book is the best way to take control, so you can be confident your senior years are exactly what you want them to be: golden.  Table of Content Introduction 1 About This Book 2 Foolish Assumptions 2 Icons Used in This Book 3 Beyond the Book 4 Where to Go from Here 4 Part 1: Understanding Personal Finance After 50 5 Chapter 1: Looking Ahead to Your Future 7 Planning for the Longer Term 8 Identifying long-term planning issues 9 Taking personal responsibility for your financial future 12 Saving and planning sooner and smarter pays off 12 Eyeing Keys to Successful Retirement Planning 14 Saving drives wealth 15 Keeping your balance 15 Understanding that planning is a process 16 Chapter 2: Protecting Your Employment Income and Your Health 17 Assessing Your Need for Life Insurance 18 Understanding the purpose of life insurance 18 Determining your life ins