Implementing a financial plan to manage the future is very important. If you have not assembled such a plan, or even if you have not thought about how best to manage your financial future, the time to do so is now, and the resource you need to walk you through every step of the personal financial planning process is Plan Your Financial Future . Regardless of whether you are a recent college graduate or have spent the past several decades in the working world, Plan Your Financial Future will give you the smart, commonsense advice you need to get your financial life in order.
Written by an expert and long-standing educator in the field of personal financial planning, Plan Your Financial Future is a comprehensive, objective, and pertinent guidebook for readers of all income levels who want to grow their net worth on a steady and increasing basis. Covering all the financial bases you can reasonably expect to confront in your lifetime, like insurance, investing, income tax planning, Social Security, Medicare, and more, this vital resource begins with techniques to protect a consumer's personal and business assets. It then transitions into the wealth accumulation process and outlines tax management measures, as well as the distribution of wealth for higher education, retirement, and estate planning purposes.
Filled with in-depth insight and invaluable financial planning advice, this unique guide explains how to:
Insure yourself, your family, and your property against the possibility of significant loss;
Invest in financial or real assets-or both;
Practice effective tax planning and management techniques;
Distribute your estate at death to your intended beneficiaries in a tax-efficient manner;
And much more.
With its no-nonsense, straightforward style and holistic view of the financial planning process, Plan Your Financial Future is the one resource you need to become a more knowledgeable saver and translate those savings into the accumulation of future wealth.
Inhaltsverzeichnis
Understanding the Challenge/The Need to Begin
Do You Need a Financial Planner?
Elements of Personal Financial Planning and the Wealth Management Process
Insuring Yourself and Your Family
Insuring Your Health and Long Term Care
Insuring Your Earning Power
Insuring Your Property
Optimizing Your Employment Benefits
Investing in Financial Assets
Investing in Real Assets
Employing Assets Profitably
Income Tax Planning and Management
Transfer Tax Planning and Management
Life Events that Endanger Wealth
Planning for Your Child's Higher Education
Planning for the Financial Aspects of Retirement
Planning for the Lifestyle Needs of Retirement
Planning for Other Lifetime Goals
Estate Planning
Philanthropy
Reaping the Rewards
Sample Data Gathering Form
Sample Budget
Durable General and Financial Power of Attorney (POA)
Declaration as to Medical or Surgical Treatment and Medical Durable POA
Sample Personal Letter of Instructions
Glossary
