Looking for book recommendations on retirement planning

There are quite a few books on the subject on Amazon.
Just looking for anything informative about pensions and retirement planning for someone in their 50's.
Thanks.

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  • Marcon
    Marcon Posts: 13,841 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Combo Breaker
    Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!  
  • JoeCrystal
    JoeCrystal Posts: 3,274 Forumite
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    edited 9 July 2021 at 6:20AM
    ajfielden said:
    There are quite a few books on the subject on Amazon.
    Just looking for anything informative about pensions and retirement planning for someone in their 50's.
    Thanks.

    Reading this pension forum is one of the best things you can do to know about pensions and retirement planning for everyone. There is a goldmine of information with various people with certain expertise to comment more within the pensions and plannings. It is also likely to be more current than a book and throw up some interesting discussions. That's why I still read the forum even though

    I am still three decades from my SPA and with the total pension pot value that is plain insignificant compared to the sums in DC pension pots and expected pensions from DB pension schemes that get reported here daily.   :) I suppose, that I am weird but I like reading these posts on pensions!  :D
  • kuratowski
    kuratowski Posts: 1,415 Forumite
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    Suggest reading all the articles in the following list to get you started
  • MallyGirl
    MallyGirl Posts: 7,162 Senior Ambassador
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    It depends on your level of current knowledge.

    For beginners the John Edwards DIY Pension etc are good starters
    Then there is the Tim Hale Smarter Investing
    Also Living off your money by Michael McClung
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • bluenose1
    bluenose1 Posts: 2,767 Forumite
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    I second John Edwards DIY Pension. It really explains pensions in simple terms. 
    Money SPENDING Expert

  • gm0
    gm0 Posts: 1,143 Forumite
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    Agree with the other recommendations

    Also

    Rational Expectations (Bernstein) - a pre-QE era perspective but interesting and some valid points nonetheless

    A random walk down Wall Street (Burton Malkiel)


  • Can you be more specific? Are you looking for 

    a) generic long term investment strategies
    b) specific aspects of a), such as risk management, investment types, asset allocation, psychology of investing, tax planning etc
    c) deaccumulation strategies, annuities, etc
  • LV_426
    LV_426 Posts: 506 Forumite
    100 Posts Second Anniversary Name Dropper
    Ok my specific aim at the moment is financial planning with regard to retirement and possible early retirement.
    But any other information I can absorb on the subject of retirement planning generally would be useful.
    I'm reading the Edwards book, which seems pretty good, but just wondering if there's anything else worth reading.


  • ouraggie
    ouraggie Posts: 323 Forumite
    Part of the Furniture 100 Posts Combo Breaker I've been Money Tipped!
    "Retirement:the psychology of reinvention" . By Kenneth S. Schultz. 
    Covers all aspects of retirement planning, not just the financial side. I found it very helpful when I was aged 54 and starting to think about winding down. 
  • Lots of options.  

    If you want to go deeper than Edwards then Bernstein has a series of 4 books called “Investing for adults”.   Very good.

    I quite like “Safety first retirement planning”.  There are two fundamentally different approaches to retirement planning. Wade Pfau describes the one that makes sense. 


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