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Chapter 24. The Freedom Plan > 10. Look into resources.

10. Look into resources.

If you want to learn about growing your wealth, the information is ubiquitous. A few books come to mind quickly. You’re 50, Now What: Investing for the Second Half of Your Life by Charles Schwab contains valuable information about saving, investing, inflation, spending, and how to prepare for and enjoy a 40-year retirement. You will learn how much money you need to have invested for every 1,000 dollars you’ll need per month and how much money you can take from your capital per year and still beat inflation. Don’t wait until you’re 50 to read this book; I wish I’d had it at 25. The Millionaire Next Door by Thomas J. Stanley, Ph.D. and William D. Danko, Ph.D., gives understandable ways to start your plan. Suze Orman’s The Road to Wealth is a solid resource for someone seeking a fuller understanding of personal finance. New books come on the market constantly to answer all of your questions about personal finance and investments and don’t be embarrassed to pick up an Idiot’s Guide to Finance.

Magazines such as Business Week, Fortune, and Money are good sources for keeping up with trends and economic issues and profiles on companies and their leadership, in addition to expanding your knowledge about investing. Most financial magazines have an annual publication devoted to saving for retirement; read and save these special issues, or access them on the Web.


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