One of the biggest fears that many people have right now is that they won’t be able to retire when and how they want. However, one way you can assuage some of your fears about retirement is to shift your thinking about what retirement is. In Retirementology: Rethinking the American Dream in a New Economy, Dr. Gregory Salsbury takes a look at how we can change the way we think about retirement.
Retirementology combines psychology with finances as Salsbury explores our changing economy, and how it is possible to have the life you want in “retirement“. The main effort in this book is focused on helping you view retirement as “a process — one that begins as soon as you engage in earning, saving, spending borrowing, or investing.” Salsbury aims to help us get beyond the idea that retirement is is a “separate and static event” and instead treat it as part of our overall monetary behavior.
Salsbury accomplishes this by deconstructing some of the common behaviors and beliefs that have grown up around retirement, and then providing a new context that can help readers more effectively order their finances so that retirement becomes something that they can actually do. This book offers an interesting journey into recent history regarding wealth (or the illusion of it), retirement finances and money. It’s an interesting book, and a must read for those looking for a new way to view retirement in the current economy.