Planning early for your retirement

March 17, 2008 12:00:00 AM PDT
Discover what you need to know in your 30s and 40s for piece of mind later in life.

Are you ready for retirement? Many of us in our 30s haven't even thought about it. Ralph Warner, author of "Retire Happy," says what you do now will give you piece of mind and happiness later in life.

5 things you should consider now (in your 30s and 40s) about retirement:

  1. What will you do? Most retired people watch 27 hours of TV a week. By cultivating your hobbies and interests today you will have time to do them later in life.
  2. Health. Taking care of your health today will ensure you are mobile and free to pursue all your interests.
  3. Money. Have a financial plan in place for your future.
  4. Family Relationships. Make sure your children call you during Christmas and holidays important to you.
  5. Friendship Network

About "Retire Happy: What You Can Do Now to Guarantee a Great Retirement"

It's easy to be preoccupied with stock portfolios, 401(k) balances and saving options, but true happiness in retirement comes from simpler, more enjoyable things like an active social life, family time and leisurely travel.

In Retire Happy: What You Can Do Now to Guarantee a Great Retirement, author Rich Stim and Nolo co-founder Jake Warner show you how to become rich in the ways that matter most. They encourage you to balance financial concerns with a lifestyle you always envisioned for yourself.

The book advises you on how to estimate real retirement needs and create a workable savings and investment plan. Even more importantly, it advises you to make personal preparations for life after work, including:

  • cultivating interests outside work
  • leading a healthier lifestyle
  • revitalizing family relationships
  • spending more time with spouses
  • embracing spirituality or meditation
  • nurturing friendships and making new friends

All the money in the world won't make for a happy retirement unless you're satisfied with the rest of your life. So start today.

Buy the book on Amazon: Retire Happy

About Ralph Warner:

Ralph "Jake" Warner, after a brief hiatus from day-to-day management, is back in the driver's seat at Nolo. Widely recognized as a pioneer of the do-it-yourself law movement, Warner founded Nolo with Ed Sherman in 1972. He began publishing do-it-yourself law books written by him and his colleagues after numerous publishers rejected them. When personal computers came along, he added software to many Nolo books. When the Internet arrived, he pioneered online marketing of books.

In addition to running the company for much of the past three decades, Warner was an active editor and author. He wrote many books, including Get a Life: You Don't Need a Million to Retire Well and How to Run a Thriving Business. Today, he serves as chief executive officer as well as chairman of Nolo's board of directors. During a three-year break earlier this decade, Warner embarked on a new business venture: TallTales Audio, an audio book production company devoted to children's storytelling, online and on CD.

Warner holds a law degree from Boalt Hall School of Law at the University of California at Berkeley and an undergraduate degree from Princeton.