“more than just a financial book, it's a heartwarming journey of love, relationship and growth that uses personal finance as the central theme."
Palm Springs, CA (PRWEB) December 17, 2012
Late Bloomer Millionaires: A Financial Story and Investment Guide for Late Starters by Steve Schullo & Dan Robertson (ISBN 978-0-9858357-0-5, Late Bloomer Wealth Press, 2013) demystifies the often-confusing process of retirement investing using the exceptional concept of presenting real-life financial data as the primary case study.
Married partners Steve Schullo and Dan Robertson began investing for retirement in their mid-30s, only to realize later that the advice received from annuity salesmen and other employer retirement “specialists” was actually costing them dearly. Late Bloomer Millionaires chronicles not only their increasing investment savvy, but the actual ups and downs their real portfolios took in divesting from those teacher annuities, through the delirious tech bubble of the 1990s and on into the housing bubble and subsequent Great Recession of 2008.
Through it all, there are lessons to be learned and these nuggets are clearly communicated to the reader, including an exhaustive list of passive investment strategy portfolios based on Vanguard founder John Bogle’s philosophy of index fund investing.
As Financial Consultant Scott Dauenhauer, CFP, MSFP, AIF, said, “more than just a financial book, it's a heartwarming journey of love, relationship and growth that uses personal finance as the central theme. This is nonfiction at its best and an adventure worth experiencing. By the end you will feel smarter and empowered financially and full of hope that you can do this thing called life...I mean, retirement!”
Late Bloomer Millionaires is for those Baby Boomers who’ve lost retirement savings in the Recession as well as for those who never saved and want to start a program. It’s also the perfect financial guide for someone starting investing at the beginning of their career, who will be able to take the hard-won, candid advice of Schullo & Robertson and not fall into the same traps they eventually overcame.
In addition to explaining in detail how they invested and rolled with the markets, applying lessons learned every time, Schullo & Robertson have specific sections on understanding an employer’s retirement plan as well as a lengthy section on financial consultants, which includes a hypothetical discussion between a 30-year-old newly-minted investor and an ethical fiduciary.
Written partly as autobiography and partly as how-to, Late Bloomer Millionaires is appropriate for an experienced investor as well as anyone new to the subject, and is especially appropriate for the Baby Boomer and LGBT communities, as well as teachers and female investors. The book incorporates appendices, which include sample portfolio allocations and returns, as well as a helpful glossary.
About the Authors:
Stephen A. Schullo taught in the Los Angeles Unified School District (LAUSD) for 24 years, as well as UCLA Extension. He wrote investment articles for the union newspaper and has been a featured retirement plan advocate in both the Los Angeles Times and U.S. News and World Report. He started an investor self-help group for teacher colleagues and is an active and well-known contributor to investment forums. Frequently quoted by the media, Steve has testified at legislative hearings, and was honored by the Los Angeles teachers’ union for his retirement planning advocacy. He currently serves on LAUSD’s Investment Advisory Committee.
Dan Robertson was Director of the Employment and Training Center for Persons with Disabilities at California State University, Los Angeles. He taught Special Ed for 28 years to both elementary and graduate students, and managed job training programs by overseeing $3.5 million in grant acquisition and budget. With Steve, he was featured in the Los Angeles Times Money Makeover feature. With his many years of investment study and experience, he implemented a low-cost 403b plan at a GLBT recovery center.
Dan and Steve are married and have been together for 37 years.
Both paperback and Kindle editions of Late Bloomer Millionaires are available on Amazon.com.
Steve Schullo & Dan Robertson’s financial blog is at http://www.latebloomerwealth.com.