Common sense money advice to baby boomers

Twenty Good Summers, by Martin Hawes (Allen & Unwin, RRP $35):

Martin Hawes is a man with a track record of writing sensible books on what to do with your money and with the current state of the economy, that is something most of us could benefit from.

This is an updated and revised version of a book from eight years ago and the information included is clear, to the point and well worth having.

This “personal finance guide for baby boomers” promises to show how to help them use the money they have to create income for a good semi-retirement.

Turning 50 was what prompted Hawes to write the book in the first place: he realised he still had a lot he wanted to do with his life but that he wasn’t getting any younger.

He concluded that the answer to making the most of his money for the future was to make the next 20 years count. Now, eight years down the track, he has just 12 good summers to see his plan work and has fully updated this book to include all the new information he has discovered since it was originally printed.

With a focus on organising your money to get the income you need to get on with the rest of your life, you will learn to plan, maximise your financial potential, recognise opportunities, reorganise your money, choose the right adviser manage your investments during the good and bad times.

A lot of what is included is just good, old fashioned common sense. However, that is so often something many of us forget when it comes to our finances so it’s nice to have it set out so clearly.

Besides, at $35 for such sound advice from a financial expert, it’s certainly money well spent.

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