The Last Chance Millionaire: It's Not Too Late to Become Wealthy

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The Last Chance Millionaire: It's Not Too Late to Become Wealthy
by Douglas R. Andrew
from Business Plus

Customer Reviews:

• Avg. Customer Rating: 3.5 / 5.0

• Great book, good information
  This book will change the approach of many peaople that are close or in the retirement. Valuable information with especific direction.

• Implement Mr. Andrew's Strategies At Your Own Risk
  In the spirit of full disclosure, I have not read The Last Chance Millionaire. BUT, I have read Mr. Andrew's previous two books including the substantially more lengthy and detailed Missed Fortune which was written for financial advisors. I am assuming, based on my cursory once-through in the book store and the numerous reviews I have read here, that this book contains much of the same information as Mr. Andrew's previous two books as well as the same recommendations.
  Although the many proponents of... more info

• Interesting, but the world changed
  I can't help but wonder if Andrew would have written the same book a year later. I'm adding this review because the two highest reviews when I checked today are seven months old, and the real estate world has changed a lot in those seven months. As noted in the other reviews, the gist of the advice is to get as much equity out of your house as possible and invest that money in universal life insurance instead of a paid-down mortgage.
  Today, you'd have a hard time getting an interest-only loan, let... more info

• A big disappointment
  Many, if not most, older Americans are ill prepared for retirement. They have less than $50,000 saved and most have far less. So there is a real need for a book that will help this large group learn to catch up. Unfortunately, this book does not live up to that promise.
  The bottom line: Buy insurance. I don't think so. While I'm not a financial genius, I do know that you don't use insurance as an investment. Not the way the book describes.
  There are many ways to accumulate money and one must look... more info

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