I've really been slacking off with my reading lately, and just by chance the writer of a book called Rendezvous With Retirement contacted me via email to provide me with a free copy of his book for review on Amazon. To be honest, I felt like I really didn't have the time, but I'm a people-pleaser and did it to be nice. I was pleasantly surprised by the content of the book, enough so that I am happy to spend a bit more time to write a full review on my blog and share some of the content with you.
Let's start broad.
The book is a quick read. It's only 7 chapters long, and I got through it in about two weeks, just casually reading as I had time. It's also really cheap, the Kindle version being only $4 and you can borrow it for free if you are an Amazon Prime member (with an actual Kindle, sorry PC guys). It's short and cheap, so there's really no excuse to NOT buy it unless you really aren't interested or already have concrete plans for your retirement goals.
James wastes no time jumping into things, and although he does intersperse the story with his own personal experiences, most of what you'll find in this book is practical, actionable information. I've read more than one book and way too many blogs about retirement. Many of them repeat the same rhetoric without really thinking of their reader. This was not the case with Rendezvous with Retirement.
The exact layout of the book and some of the details are a bit fuzzy now because I finished the book about 3 weeks ago. I'm not going to go through it chapter by chapter and bore you, but the basic layout is as follows.
- Assess your situation
- Make some goals
- Take action
- Reassess your goals
- Create a plan for withdraw during retirement
That's a pretty solid plan, and any book on retirement should cover these topics.
In fact, most do. My only issue with reading this book is that there wasn't a lot of new information. If you've read a lot on the subject and are looking for that ‘one thing' you forgot, or some kind of special insight, it's not here. Things like compound interest, inflation, IRAs, 401ks and matched contribution, credit, social security (or lack thereof), retirement calculators, and rate of withdraw are pretty standard fare, and discussed here. Maybe there just isn't that much to say once it's been all been said.
That being said, I still found a lot of value in this book, and I really think that anyone could benefit from reading it. As with any type of information, unless you are THE #1 expert on a topic, you can probably stand to learn SOMETHING if you look for it.
Reading R w/R was great review for me, and though I was familiar with most of what James talked about in the book, I couldn't repeat it, much less teach it, or implement it without referring to a guide. And this was the biggest value I saw in the book. It's a great guide to have on hand to 1) answer any questions I have while planning out my retirement goals, and 2) a comprehensive look from A to Z on how to plan.
The problem with doing all the research on your own is that there is so much information out there, it can be hard to know when you know enough. R w/R allows you to get a birds eye view of what you need to plan for, and the steps you need to take to get there. James also gives you some exact numbers you can work with to start making your own plan. There's only so much we can know about the future, but having a plan and changing it later gives you a greater chance of achieving your goals than having no plan at all.
So do I recommend Rendezvous With Retirement by James C. Molet? Definitely. In summary, it's great information, that won't take up too much time, and available at a more than fair price. Anyone who needs a plan for retirement and everyone who doesn't have one yet should read this book.