March 31, 2017

Book Review: Get the Most Out of Retirement

Rufus v. Rhoades

Sally Hurme's book Get the Most Out of Retirement (January 2017) is just a great resource for those who are about to be or who are retired. As with Hurme's other titles, this book is filled with checklists that, if applied, will be most useful to the reader. Each chapter is organized with an explanation and then one or more useful checklists. Let's look at how she does it:

First: her explanations. Each chapter contains a narrative of why the various items are included on the checklists. She also includes an insightful discussion of the legal requirements that certain steps require, which is not a surprise, since Hurme is a lawyer with experience in elder law.

Second: the checklists. Those are the guts of the book. She intends for readers to complete the checklists by writing in the book; she suggests using pencil so that changes can be made as life moves along. The book also provides a link to a page where readers can download a pdf version of each of the checklists.

Hurme's book includes chapters on retiring abroad, insuring a sound retirement, taking control of your financial matters, getting organized, and dealing with legal matters. The last chapter, Take Care of Yourself, summarizes some important health and wellness topics, such as exercising, eating better and lowering your stress.

For example, Hurme's discussion in Chapter Six, Decide Where to Live, really made me think. Where do I want to live? You may, Hurme suggests, want to live in two places, dividing your time between two attractions. Those attractions may turn on weather: Palm Springs or Florida in the winters? Closer to home — say, Philadelphia — in the summers?

Hurme starts the Where to Live chapter with a checklist. It is, as all of her checklists seem to be, comprehensive. She then follows that checklist with a detailed discussion. For example, one checklist category is "Investigate 'villages' in your community." Hurme explains what a "village" means in that context — the "aging in place" villages set up by some communities. The members of the village act as caring neighbors for each other, providing support, including negotiating discounts on certain services.

The chapter ends with Where to Live Action Checklists, which includes an "Assisted Living Facility Contracts" and a "Skilled Nursing Facility Contracts," both invaluable for those of us thinking about moving to that kind of residence. She ends the chapter with "Emergency Preparedness" checklists. How great is that?

Her other chapters are equally comprehensive. In addition to those great checklists, though, Hurme writes well. She is clear, concise, and very human. She shares her personal experiences with us, including some not-so-nice ones that remind us that, no matter how thorough we may be at this planning stuff, retirement has its pitfalls and issues that we will need to deal with.

This is the fourth book in Hurme's series of books co-published with AARP and the ABA's Senior Lawyers Division. The others are:

As with Hurme's other writings, this is a book that we professionals should not only recommend, but use.

Rufus v. Rhoades

Attorney

Rufus v. Rhoades practices law in Pasadena, California. He is the co-author of Rhoades & Langer, U.S. International Taxation and Tax Treaties, a six-volume work published by Matthew Bender.