Length of Contract: As long as it is beneficial for them. Usually a set time period with a renewable clause.
Author Warranties: They have the right to enter into a contract regarding this work. They own the rights.
Publisher sets the price and discounts: The retail price will be based upon their costs and other market considerations.
Royalties: 10%-15% of the retail price they've set.
Advance: This is what a publisher is willing to pay you up-front for being accepted by their publishing firm. It will usually be the expected royalty for the initial print run, paid in three installments, upon contract signing, when the final manuscript is delivered and when the book is released. All advances count against your royalty, so your book sales have to surpass what they paid you initially to ever receive a royalty check.
Virtually all recent medical research on aging points to the fact that the human animal, you and me included, has the potential to live up to 120 years of age.
That means 120 active, happy and productive years ... not years in a rocking chair, wheel chair or nursing home. That being the case, THE SECOND HALF of our lives does indeed BEGIN AT 60.... However, since most of us have spent the first part of our lives mistreating our God given equipment, this human body of ours; so we may not all make it to 120. But the good news is that most of us should be able to make it to 100 and well over. This book is dedicated at giving us the best possible chance at reaching as near as possible to our true life potential.
Let's re-emphasize, we are talking about healthy, happy, active and productive years full of the things we enjoy doing.
How often have you heard the question, 'If you had it to do over again, what would you change?' Well, if you are coming up on 50, theoretically, you do have it all to do over again. Just think what you should be able to do with those years, knowing all that you've learned in the first 50! Follow this program, and within a year you should be as fit as you can be, and headed for as bright and long a future as possible, may you live to 120!