The Fifth Option: Why Your Retirement Plan Won’t Work The Way You Think It Will
Save 10% or more of your income in a tax favored account (a 401k, IRA, 403b.) Do this for your career. One day, this account will grow large enough so that you can withdraw from it every year and live off that money. Does that sound familiar? This is the retirement strategy for millions of Americans. But there are two problems with this strategy. The first problem is that it doesn’t work the way they think it does. The second problem is people will find out too late. Don’t be one of those people. The Fifth Option will help you solve the retirement conundrum: Your retirement fund doesn’t need more money. It needs more income. This book will offer a path.
Praise for Peter Bielagus and The Fifth Option
This book is by far the very best book I have ever read and covers all the options and the fifth option that many people do not know about… on how to achieve and maximize their retirement. It is a must read for anyone serious about achieving cash flow income, during their retirement, and I recommend this book to anyone that wants to know how retiring, happy, stress-free, and maximizing their cash flow in retirement is possible…!
The best book that tells the whole story to properly achieve optimal retirement cash flow!
Arthur H.
California
California
Everyone wants a system to help them get ahead in life, business and for retirement. The truth is that it's really just simple steps, done early enough to matter and used over time result in the outcomes we all seek. The 5th option is not earth shattering or a secret but rather an OG way of doing things that has been time tested over and over again. Reading the 5th Option is like having a great conversation with a trusted friend who wants nothing but the best for you. Read it and then act upon what you read and your later self will thank you over and over.
Simple formulas, fantastic results
David M.
United States
United States
I've been a staunch believer in accumulating as much money as I could into my retirement and investments for the last 19 years... I knew all of the "rules of thumb" but never really understood how nerve wrecking it could be to be solely dependent on investments until last month when I sold some stock in my brokerage account to fund some big purchases....
This book really highlights some of the issues with the "accumulation" strategy that we all have grown accustomed to. I'm not saying you need to agree with 100% of everything that is stated in this book, but it would benefit us all to start thinking about issues with 401(k) that we are rarely taught about. I'm very glad that I had this information 20 years before retirement, in order to help me plan for alternative strategies to support a retirement lifestyle.
Cheesy story, but an effective method to point out some oversights in typical retirement planning
Shaun
United States
United States
For every person looking for a retirement alternative, definitely a must read. Highly recommended. Really liked the writing style of the author.
Easy and very informative read
Amazon Customer
Canada
Canada
I've spent nearly 2 decades in the financial services industry, feeling caught in the middle of a civil war between the insurance industry and investment industry. Each side is convinced their solutions are the ONLY solutions available to solve the retirement planning dilemma. I've read dozens of books on financial planning, retirement readiness, behavioral finance, insurance, and investment strategies. This book is by far the best I've read! It offers ideas and strategies to utilize the best of both worlds. Walter & Peter do an excellent job of telling a story that I'm sure you'll be able to relate to.
You'll want to buy several copies, one for yourself, and others to give away to friends and family!
Simple, easy to read, very educational!
Kory
United States
United States
A great approach to retirement planning and security. The book is in story form, so it is easy to read and understand even the more complex financial concepts. It provides a great strategy for wealth development and preservation. The author, Walter, is helping me with my retirement planning and has exceeded my expectations. Highly recommend both the book and his services.
Secure your retirement now!
Faith W.
United States
United States