Fear not, financial guru Jonathan Pond brings glad tidings of great joy just in time for holiday shopping season.
The man best-known for dispensing money advice on PBS stations nationwide has a new book, You Can Do It! The Boomer’s Guide to a Great Retirement. His book attempts to reassure boomers spooked by the specter of living out their retirement years in abject poverty unless they meet their much-ballyhooed “number” — the magical sum of cash, usually $1 million or up, they’ll ostensibly need before calling it quits in the workplace.
Stop the hand-wringing, says Pond. The “number” is largely a creation of members of the financial services industry, who have a vested interest in scaring you into sending them more money.