{"product_id":"seven-steps-to-financial-freedom-in-retirement-hardback-9781118095287","title":"Seven Steps to Financial Freedom in Retirement (Hardback) 9781118095287","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eSeven Steps to Financial Freedom in Retirement\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cfont size=\"4\"\u003eHank Parrot (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781118095287, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 28 October 2011\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e224 pages\u003cbr\u003e23.1 x 15.5 x 2 cm, 0.408 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cb\u003eAn interactive guide to mapping your retirement plans\u003c\/b\u003e  \u003cp\u003eIn \u003ci\u003eSeven Steps to Financial Freedom in Retirement,\u003c\/i\u003e financial advising and estate planning expert Harold Parrott guides the reader through the sometimes murky waters of retirement planning. Using a simple \"Lifestyle Expense\" planning approach customized to see how much money each person needs to live on in retirement, Parrott explains what investments can help readers reach their desired goals with minimum risk. Using detailed questionnaires, the book provides an informative guide for anyone concerned about having enough money to live comfortably in their retirement years.\u003c\/p\u003e \u003cp\u003eAn educational book employing an easy-to-understand format, \u003ci\u003eSeven Steps\u003c\/i\u003e explains the basics of IRAs and 401(k)s, before launching into a more in-depth discussion of the strategies and tax implications thereof, looking at:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAnnuities, bonds, and CDs\u003c\/li\u003e \u003cli\u003eThe perils of \"stock picking\"\u003c\/li\u003e \u003cli\u003eThe basics of estate planning\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eA unique and indispensible resource for assessing finances to determine the full scope of the reader's assets, the book helps to determine projected lifestyle expenses post-retirement and crafts a road map showing what types of products and accounts are likely to be of most value.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eIntroduction xiii\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Getting the Nest Egg Ready to Hatch 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eA New Approach 2\u003c\/p\u003e \u003cp\u003eWhat You’ve Got 5\u003c\/p\u003e \u003cp\u003eWhere Are Your Retirement Resources? 11\u003c\/p\u003e \u003cp\u003eLooking Forward 15\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Putting Your Assets to Work for You 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Old Way: Maximizing Returns Based on Risk Tolerance 17\u003c\/p\u003e \u003cp\u003eThe Hank Parrott Way: The Smart Money Approach 19\u003c\/p\u003e \u003cp\u003eLooking Forward 29\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: IRA Mastery 31\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePlanning for Taxes 32\u003c\/p\u003e \u003cp\u003eWhat Makes Up a Traditional IRA? 35\u003c\/p\u003e \u003cp\u003eTraditional and Roth IRAs: Learn the Difference! 39\u003c\/p\u003e \u003cp\u003eTax Considerations When Investing IRA Assets 43\u003c\/p\u003e \u003cp\u003eTaking Distributions from Traditional IRAs 45\u003c\/p\u003e \u003cp\u003eEstates and IRAs 48\u003c\/p\u003e \u003cp\u003ePassing It Along 49\u003c\/p\u003e \u003cp\u003eLooking Ahead 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Enhancing Your Retirement with Built-In Guarantees: Annuities, Bonds, and CDs 53\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBonds: What Is Guaranteed and What Is Not 53\u003c\/p\u003e \u003cp\u003eAnnuities: Separating Myths from Truth 58\u003c\/p\u003e \u003cp\u003eCDs: A Key Element in an Income-Generating Retirement Portfolio 73\u003c\/p\u003e \u003cp\u003ePutting It All Together: Investing for the Long Term 82\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: How the Smart Money Invests 83\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLearning through Trial and Error 84\u003c\/p\u003e \u003cp\u003eThe Real Story 85\u003c\/p\u003e \u003cp\u003eStarting Off: The Retirement Investor Quiz 89\u003c\/p\u003e \u003cp\u003eBusting the Investment Myths 90\u003c\/p\u003e \u003cp\u003eActive Management 94\u003c\/p\u003e \u003cp\u003eTune out the Media’s Advice 96\u003c\/p\u003e \u003cp\u003eInvesting versus Speculating: Know the Difference! 96\u003c\/p\u003e \u003cp\u003eA Real Story about Speculative Investing 97\u003c\/p\u003e \u003cp\u003eThe Smart Money Investment Strategy 98\u003c\/p\u003e \u003cp\u003eAll about Asset Allocation 100\u003c\/p\u003e \u003cp\u003eHow Do You Measure Diversification? 102\u003c\/p\u003e \u003cp\u003eThe Importance of Staying Disciplined 103\u003c\/p\u003e \u003cp\u003eTax Planning and Investments 104\u003c\/p\u003e \u003cp\u003eMy Best Advice 107\u003c\/p\u003e \u003cp\u003eLooking Forward 107\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: Paying for Helping Hands: The Ins and Outs of Long-Term Care 109\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are Your Options? 110\u003c\/p\u003e \u003cp\u003ePlanning Ahead 111\u003c\/p\u003e \u003cp\u003eCommon Myths about Long-Term Care 112\u003c\/p\u003e \u003cp\u003eHow you’ll Pay 115\u003c\/p\u003e \u003cp\u003eExamining Which LTC Payment Option Works for You 116\u003c\/p\u003e \u003cp\u003eUnderstanding Long-Term Care Insurance 119\u003c\/p\u003e \u003cp\u003eFrequently Asked Questions 125\u003c\/p\u003e \u003cp\u003eLast But Not Least 127\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: The Basics of Estate Planning 129\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Estate Planning? 130\u003c\/p\u003e \u003cp\u003eProblematic Probate 131\u003c\/p\u003e \u003cp\u003eAll about Trusts 136\u003c\/p\u003e \u003cp\u003eThe Five Essential Documents 137\u003c\/p\u003e \u003cp\u003eLightning Round: Other Types of Trusts 141\u003c\/p\u003e \u003cp\u003eWhom Should I Name as Trustee? 144\u003c\/p\u003e \u003cp\u003eThe Value of Real Professionals: Finding the Right Certified Expert 145\u003c\/p\u003e \u003cp\u003eFrequently Asked Questions 147\u003c\/p\u003e \u003cp\u003eEstate Planning Checklist 149\u003c\/p\u003e \u003cp\u003eWhere to Go from Here 150\u003c\/p\u003e \u003cp\u003eAppendix A: Confidential Lifestyle Questionnaire 151\u003c\/p\u003e \u003cp\u003eAppendix B: Lifestyle Expense Worksheet 161\u003c\/p\u003e \u003cp\u003eAppendix C: Financial Lifestyle Fact Finder 165\u003c\/p\u003e \u003cp\u003eAcknowledgments 177\u003c\/p\u003e \u003cp\u003eAbout the Author 181\u003c\/p\u003e \u003cp\u003eIndex 183\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52417751679256,"sku":"9781118095287","price":20.99,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781118095287_257742.jpg?v=1784506644","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/seven-steps-to-financial-freedom-in-retirement-hardback-9781118095287","provider":"Freshly Printed Books","version":"1.0","type":"link"}