In The Long Run is about a phase of life that almost everyone is going to arrive at: Retirement.
Let us look at it as the top of a high mountain which we aspire to climb. At the base of the mountain, everything is fine; the temperature is normal, and strength is at its highest. But as we climb higher, the air gets thinner, the temperature drops, and we get tired. Those who make it to the top of the mountain are the ones who prepare the best.
Lastly, finance appears to get the most attention in preparation for retirement, but is it the most significant concern?
We may find that some people do not plan to retire. It is as though they have not factored that retirement is inevitable as the body slows down.
Some people believe that retirement is far off, and adopt the “we-will-come-to-it-later” attitude. They forget that preparation takes time.
In The Long Run is about how to make the most of this seemingly far-off phase of life: retirement.
‘Lanre Fatokun is a Safety Engineer with an irrepressible interest in finance. In 20 years, he has worked in banking, civil engineering consulting, manufacturing and the petroleum industry.
He holds a BSc in engineering and an MBA both from the Obafemi Awolowo University, Nigeria, and an MSc in Safety, Health & Environment from the University of Salford, UK.
Among several other books, Lanre reads The Richest Man in Babylon yearly and has tried out every recommendation in the book.
In his studies, experiments and interviews, he found that everyone, young and old, men and women, winds up deciding to stop working or unable to continue working. How to make the most of this seemingly far-off time is what this book is about.
‘Lanre lives in Lagos Nigeria with his wife and children.
The book is for everyone, particularly those at the pre-retirement stage of life–everyone working!
By age 45, everyone is expected to have started active retirement planning.
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