Freshly Printed - allow 7 days lead
Couldn't load pickup availability
Moving Up to Millions
The Life Calculator Guide to Wealth
Kathleen Connell (Author)
9780470131817, Wiley
Hardback, published 18 September 2007
208 pages, Charts: 12 B&W, 0 Color; Tables: 24 B&W, 0 Color
23.4 x 16 x 1.8 cm, 0.376 kg
Better ways to progress down the path to a secure financial future In Moving Up to Millions: The Life Calculator Guide to Wealth financial guru and former California State Controller Kathleen Connell outlines a dynamic and digitally accessible interactive approach to securing anyone’s financial future. It contains practical advice on overcoming life’s adverse financial events as well as a winning game plan that can be instantly updated for these uncertain times. It also includes a sophisticated, yet easy-to-use financial calculator that enables readers to create an unlimited number of personalized, real-time “what if” scenarios and calculate their optimal financial plan. Aimed at readers in their peak earning years to those a few years away from retirement, this book offers both profiles of individuals and families who address financial challenges and reposition their careers and personal lifestyles to redeem their finances, as well as the actionable tips they follow on the road to financial freedom. A digital platform encourages readers to access weekly on-line expert panels and blog sites where they can interact with the author and access extensive web references for further education. Kathleen Connell Washington, D.C is currently President of the Connell Group, an investment advisory firm located in Washington, D.C. and teaches International Finance at the U.C. Berkeley Haas Graduate School of Business and at the Georgetown University McDonough Graduate School of Business. Dr. Connell has twenty-five years of experience in the field of finance and served as a trustee for CalPERS and CalSTRS for eight years, which together comprise the largest pool of retirement assets in the world.
Introduction ix The Life Calculator Online Program xiv Acknowledgments xv Chapter 1 Meet Your Neighbors 1 Moving Up to Millions 5 You, Too, Can Be a Millionaire! 6 Not All Millionaires Are Equal 8 Do You Really Need a Million Dollars? 13 The Four Rules of Making Millions 16 Chapter 2 Threats to Millionaire Status 23 Why Your Life Cycle Is Not Like Your Parents' 24 It's More Than Just a Number, It's a Life Plan 36 The "Number" 36 Let's Get Started—Becoming Your Own Financial Advisor 38 Chapter 3 Click Your Way to Personal Wealth 41 The Three Es of Financial Planning 42 Power Your Future: The Life Calculator Is Your Personal Financial Advisor 43 How to Start 47 What the Life Calculator Will Show You 48 Identify Your Optimum Future 49 LifeCalculator.Net 49 Ten Guiding Principles 51 Chapter 4 Calculating Your Odds of Disaster and Preparing for Life Changes 55 The Dirty Dozen Adverse Events 55 Adverse Events Planning 56 Potential Windfalls 68 Your Best-Case Scenario—Is It Enough? 69 Optimum Strategies for Getting from Here to There 70 Chapter 5 It's a Blur between Work and Play 73 Say Hello to Phased Careers and Delayed Retirement 73 Working to 70 and Beyond 75 Targeting Growth Industries 78 What Industry Sectors Show Promising Job Growth? 80 Benefit-Rich Industries 82 Flexible Careers 84 Enhancing Your Skills 87 Chapter 6 Home Is More than the Place You Live 89 Too Much Housing—A Risky Bet? 89 Timing the Market: Cashing Out at the Peak 92 Sometimes It Pays to Be a Renter in a Mobile Society 95 New Kind of Commune: This Time You Want to Belong 97 Assisted Living: What's Likely to Happen? 99 Bringing Your Parents Home 101 Your Home Can Stay in the Family 102 Berlitz Crash Course: Retiring Abroad 105 Tax-Friendly States Beckon 107 Living Where You Want: Connecting to Where You Need to Be 109 Chapter 7 Insurance: Protecting Against Downside Exposure 111 You're on Your Own—Employers AWOL on Healthcare Insurance 111 Long-term Care Insurance—The Best Investment You'll Make 116 Disability Insurance—More Important than You Realize 121 Anti-aging Science and Virtual Medicine 122 Life Insurance You May Outlive—or Sell for Cash 123 Longevity Insurance 126 Estate Planning: Taking Care of Those You Care About 128 Chapter 8 Meet the Forties and the Fifties: Fearless and Fantastic Years 131 Forties Decade: Child Rearing and Career Advancement 131 Forties Profiles 132 Fifties Decade: Maximum Earnings and Retirement Savings 144 Fifties Profiles 145 Chapter 9 Join the Sixties and Seventies: A Successful and Safe Life 155 Sixties Decade: Transitioning into a Second Career 155 Sixties Profiles 157 Seventies Decade: A Time of Enjoyment 162 Seventies Profiles 162 Endnotes 171 Index 183
Subject Areas: Business & management [KJ]
