Learn how to save and prepare for retirement no matter your age or your income.
12 Ways to Retire on Less offers a roadmap for anyone seeking financial security and peace of mind for their retirement years ahead, regardless of savings or income in the present moment.
In a time when fewer retirees have the kind of pension many of their parents had, those looking to retire can be especially vulnerable. But here, the author outlines those steps people can take to ensure their security and enjoy those activities they look forward to in the future. Offering case studies and actionable steps in the form of bullet points, questions and lists, the book focuses on the importance of planning and analyzing one’s total financial picture in the context of goals, hopes, and dreams.
Harriet Edleson is an expert on baby boomer retirement strategies. She has written the Retiring feature for The New York Times and the Where We Live feature for The Washington Post. A former staff writer/editor/producer for AARP and contributing writer for Kiplinger’s Retirement Report, she began her writing career at Gannett Westchester (NY) Newspapers and the Houston Chronicle. She lives in Bethesda, Maryland. Learn more at her website, Howtoretireonless.com.
I. Not Your Parents’ Retirement: Why Yours Will Be Different
II. Evaluating Your Resources: Creating a Budget
III. Reframing Your Golden Years as Adventure: What Do You Really Want to Do?
IV. Funding Your Retirement Dream: Analyzing the Cost
V. Working as Long as You Can
VI. When to Claim Social Security: Maximizing Your Monthly Check
VII. Aging in Place or Not: Housemates, Roommates and More
VIII. Using Your Home to Fund Your Retirement Dream
IX. Housing Options Other Than Your Long-Term Home
X. Choosing Your Dream Location: Where to Live
XI. How You’ll Get Around: In Case You Can’t Drive
XII. Exploring the World: Deciding Where to Go and How to Pay for It
Appendix: Vanguard Worksheet
About the Author
Edleson helps map out a proactive, purpose filled and deliberate retirement. These steps help readers understand many of the details which are faced in retirement.Andrew J. Feldman, CFP, president, AJ Feldman Financial
This book provides wonderful suggestions about how to make the most out of retirement by ensuring that your dollars go as far as possible in terms of budgeting, finding fulfillment, and making choices about work, Social Security, housing, and travel. I learned quite a bit.
Harriet Edleson has written a concise guide for those who have not budgeted nor saved enough to continue their current lifestyle when they retire, or who do not have any retirement benefits other than some level of social security. Her book 12 Ways to Retire on Less, is a good primer for those who are not on track to be able to maintain their current lifestyle when they retire. She provides a guide to help the 40% of the population between 55 and 64 years of age who do not have retirement accounts. This book is an imperative for anyone who questions if they will have “enough” as well as those who may feel fairly comfortable, but would like to learn how they can retire on “less.” It is well written, straight forward and a compelling read.
Because of my work as a retirement coach, I read more books on retirement than most people. I found 12 Ways to Retire on Less to be a breath of fresh air. It’s a well-written, no-nonsense, comprehensive guide to planning for retirement in today’s challenging environment…. It’s a pragmatic, reality-check on retirement today that shows how there are still ways to make it work. The strength of the book is on how to make savvy moves to optimize your resources in funding what for many people promises to be a longer retirement than previous generations enjoyed. However, my favorite parts of the book were when Edleson goes beyond those core financial topics to emphasize the importance of keeping the dreams you have for retirement in focus…. I recommend this book as a valuable resource that will help you reframe how you’re thinking of your next chapters and retire smarter.
1/14/2021, Barrons: The author wrote a piece explaining 6 ways you can come out on top if you sell your house when you retire.
2/27/2021, MorningStar: Author penned a piece discussing if someone should be buying a vacation home to retire to.
4/14/21, MSN: The author wrote an article about Social Security benefits.
5/7/21, MarketWatch: The author wrote about vaccinated seniors who are preparing to travel this summer.
6/2/21, MarketWatch: Author Harriet Edleson discussed how seniors can adapt to not being able to drive anymore as they get older.
7/15/21, Washington Post: Author Harriet Edleson wrote an article offering tips for people who are looking to buy a vacation home.
8/2/21, Retirement Wisdom Podcast: The author appeared on this podcast episode to discuss retirement and how people can plan for it.
9/20/21, Bethesda Magazine: This book was featured in a roundup of new works by Bethesda-area writers.
10/14/21, The Beacon: An excerpt from the book is included in this article about funding your retirement with your home.
10/25/21, MarketWatch: Harriet wrote an article with advice for retirees regarding an emergency fund.
12/2/21, MarketWatch: Harriet Edleson wrote an article on money moves to make before the end of the year and the book is included in her byline.
1/21/22, MarketWatch: Harriet wrote an article with tips regarding social security.
2/17/22, MarketWatch / Newsbreak: Harriet Edleson wrote an article with tips regarding claiming Social Security benefits.
MarketWatch link: https://www.marketwatch.com/story/think-youre-ready-to-retire-its-not-as-simple-as-you-might-think-11645056149
Newsbreak link: https://www.newsbreak.com/news/2518030458311/think-you-re-ready-to-retire-it-s-not-as-simple-as-you-might-think
3/10/22, Marketwatch: Harriet Edleson wrote an article with tips for retirees to weather the volatile market.
3/29/22, MarketWatch: Harriet Edleson wrote an article based on the book about how social security affects taxes.
4/12/22, MarketWatch: Harriet Edleson wrote an article with tips for retirees moving out of their home.
5/4/22, MarketWatch: Harriet Edleson wrote an article with tips for retirees on how to plan on pacing yourself to avoid running out of savings.
10/29/22, Marketwatch: Harriet Edleson wrote about how to find meaning in retirement.
1/3/23, Accidentally by Design Podcast: Harriet Edleson was interviewed and offered tips from the book.