Your New Retirement Survival Guide

When I travel, I often find it convenient to call for an Uber. When it arrives, I generally strike up a friendly chat with the driver.

Yet I’m still surprised by how frequently the driver tells me he or she is “retired.”

(That seems odd. It’s like saying, “I’m working even though I no longer work.”)

Some, of course, say they’re just bored and looking for something to do. But many straightforwardly confess that they simply don’t have enough money to maintain their lifestyle in retirement.

And that’s a shame. No one dreams of spending their golden years ferrying strangers around town.

It’s not necessary either.

One of my favorite resources for avoiding this is called You Don’t Have to Drive an Uber in Retirement: How to Maintain Your Lifestyle without Getting a Job or Cutting Corners by my longtime friend and colleague Marc Lichtenfeld, our Chief Income Strategist.

The book’s subtitle is a tall order.

The 2017 Retirement Confidence Survey revealed that millions of Americans are woefully unprepared for retirement. Almost a quarter (24%) have put aside less than $1,000 for retirement. And nearly half have accumulated less than $25,000.

You might be counting on a pension to see you through. If so, you’re one of the lucky few. (Corporate pensions have largely gone the way of the dodo.)

But even if you have one, you’re not necessarily home free. Business Insider estimates there is an $7 trillion shortfall in American pensions.

Regardless of how much you’ve saved for retirement, there’s no need to despair.

Marc’s book offers the crucial intelligence you need to survive and prosper after leaving the work force. In it, he reveals…

  • How to calculate how much you really need for retirement
  • How to benefit from a new type of 401(k), even if you’re not currently employed
  • How to maximize your social security payments
  • How to safely boost your post-retirement income
  • How to save tens of thousands of dollars on Medicare
  • How to sharply cut your travel costs
  • How to safely and legally reduce your investment taxes
  • How to generate double-digit income with hard-money loans to homeowners and builders
  • How to buy real estate ridiculously cheap when someone doesn’t pay their property taxes.

He also tells you how to avoid “the worst investment you can make,” even though the folks selling them make them sound like the best thing since night baseball. (He and I are in 100% agreement on detestable, fee-laden annuities, especially for retirees.)*

Marc’s essential wisdom is worth its weight in gold.

Better still, he provides bullet points at the end of each chapter with “Actions to Take” to help you implement his ideas right away. (That means there is essentially an executive summary inside the book itself.)

I often talk to people who aren’t sure how to plan and invest in retirement.

No wonder they’re confused. There is so much information, so many alternatives and so many people trying to sell them something.

Marc, on the other hand, is simply sharing the knowledge he has accumulated over a lifetime.

He is one of the nation’s leading investment analysts, especially when it comes to income investing.

This is no easy feat. Most stocks that pay generous dividends are big, mature, slow-growing companies. (You know, utilities, food companies, real estate investment trusts and so on.) Yet Marc regularly mines gold in this sector.

With the help of his book, you can too.

You Don’t Have to Drive an Uber in Retirement is now available in bookstores nationwide as well as on Amazon.

You only retire once. And the fear of outliving your money is real. So the choices you make are vitally important.

If you want to choose wisely, trust Marc Lichtenfeld.

Good investing,



*The views and opinions expressed in this article are those of the author and do not necessarily reflect the official position of professional analysts.


An expert on momentum investing, value investing and investing based on insider activity, Alex worked as an investment advisor, research analyst and portfolio manager on Wall Street for 16 years. He now runs the wildly successful Oxford Communiqué, ranked as one of the top investment newsletters by Hulbert Digest for more than a decade. He is also the author of four national best-sellers: The Gone Fishin’ Portfolio, The Secret of Shelter Island, Beyond Wealth and An Embarrassment of Riches. He shares his wisdom in his free daily e-letter, Liberty Through Wealth.

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