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The essence of the book, the main idea of the book, is to get people to think differently about retirement. To get them to realize that the old rules of retirement no longer apply, since forces beyond their control are changing the shape of retirement itself.

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New Retirement Realities –

The Old Rules No Longer Apply

Robert strongly believes that people need to start thinking differently about retirement. They need to realize that the old rules of retirement no longer apply, since forces beyond their control are changing the shape of retirement itself.

Forces such as increased life expectancy, the sheer size of the baby boom generation that is just beginning to enter retirement, and the massive replacement of pensions with 401(K) plans, that shifts the risk away from the corporations, where it used to be, and onto the shoulders of individuals.

Redefining retirement means taking a fresh look at all the assets to which individuals have access, and thinking in new ways about how to put those assets to work to generate lasting retirement income.

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Robert J. Krakower, CFP