Retire With More Money

Why do some people spend their whole lives working only to find themselves still short of money in old age?

The answer is simple — they don’t know how much is needed and what can be done to always have enough money.

Many of us want to believe that retirement planning is easy because you can always invest your way to a good life. The reality is many of us are good at our work, but extremely bad when it comes to managing money because we do not make the effort to find out what are the prudent options to manage our wealth.

The worst thing that can happen is for you to discover that your investments do not pan out as planned in old age and it is too late to do anything.

The lesson here is simply this — knowledge is money and it really pays to gain more of it.

In his new book, The Straits Times Invest Editor Tan Ooi Boon shares more tips and advice on how you can become smarter with money so that you can retire well. Just like his weekly column, this book offers you a practical and enlightened view on how you can manage your assets, by:

• Looking ahead
• Knowing your properties
• Knowing the law that governs money
• Knowing what you are investing
• Avoiding scams and bad deals
• Planning for a peaceful life and legacy

Know that smart people are not necessarily rich. Their knowledge makes them happy people because they have enough to retire well and are enlightened to know how to keep and make the most of what they have.