Saving for Retirement with Living Like a Pauper or Winning the Lottery


The title may sound like the book is going to uncover lost secrets of getting rich, but in reality, this is book is a retirement savings manual written especially for novices. In addition to explaining the magic of everyday retirement savings, this book gives links to several additional resources and explanations of how to use those resoucres.

Sites that I bookmarked from reading this book:
http://www.americasaves.org/ – savings ideas
http://www3.troweprice.com/ric/RIC/ – T-Rowe Price Retirement Income Calculator, using a Monte Carlo simulation to determine how long your savings will last.
http://www.moneychimp.com/ – compounding calculator under calculators
http://www.dinkytown.com/ – lots of calculators, including a retirement income and mutual fund fee calculator
http://www.choosetosave.org/ – site partially funded by the AARP which includes a “ballpark estimate” for how much you will need for a comfortable retirement.
http://www.bloomberg.com/invest/calculators/index.html
http://www.livingto100.com/ – Life Expectancy Calculator


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