2020: New Rules For The New Age by: Turner, Garth
Hardcover | 271 pages | ISBN:1-55263-257-9
Year Published:1999 – Key Porter | Tidewater Price: $28.95
Are you preparing your financial future? From the author of “2015: After the Boom”, “The Strategy: A Homeowner’s Guide to Wealth Creation”, “The Defence: Guarding Your Money in Uncertain Times”, and an annual RRSP guide, comes another book of invaluable wealth creation tips. In his latest book, “2020″, Garth Turner describes how our aging population, the impending demand the “baby-boomers” will place on the Canada Pension and universal health care systems, the impending dramatic decrease in spending by these same people, the huge government and personal debt, and other factors pose the threat of creating a financial crisis heretofore unseen in Canada. With analogies to the Great Depression, interspersed with rich personal experiences, Mr. Turner provides comprehensive analysis of these factors and what it will mean to all generations of Canadians. Imagine depreciating residential real estate values!
But all is not lost. In his usual pragmatic and forthright manner, Mr. Turner describes boundless opportunities that exist because of that aging population, rampant technological advances, strong markets, job insecurity and entrepreneurship. He also provides a myriad of rules for the new age and personal strategies concerning employment, taxes, real estate, investing and estate planning designed to help us help ourselves create wealth.
For anyone wanting to enjoy their retirement in comfort, this book is a must read.