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Plan Your Prosperity - The Only Retirement Guide You'll Ever Need, Starting Now Whether You're 22, 52 or 82 K Fisher

Plan Your Prosperity - The Only Retirement Guide You'll Ever Need, Starting Now  Whether You're 22, 52 or 82 von K Fisher

Plan Your Prosperity - The Only Retirement Guide You'll Ever Need, Starting Now Whether You're 22, 52 or 82 K Fisher


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Zusammenfassung

Whether you re in retirement, just getting ready to retire, or 5, 10, or 40 years out, this book can help you invest smarter your whole life and yes, plan better for retirement. Harmful mythology abounds about retirement investing. Many retirees or soon-to-be retirees have heard a plethora of advice.

Plan Your Prosperity - The Only Retirement Guide You'll Ever Need, Starting Now Whether You're 22, 52 or 82 Zusammenfassung

Plan Your Prosperity - The Only Retirement Guide You'll Ever Need, Starting Now Whether You're 22, 52 or 82 K Fisher

Whether you re in retirement, just getting ready to retire, or 5, 10, or 40 years out, this book can help you invest smarter your whole life and yes, plan better for retirement. Harmful mythology abounds about retirement investing. Many retirees or soon-to-be retirees have heard a plethora of advice. Take 100 (or 120) and subtract your age to get your equity allocation, put the rest in bonds or cash. Buy only bonds. Buy only high dividend stocks. Or some combination! Buy equity-indexed annuities or some guaranteed income product. All examples of a potentially harmful myth many folks believe to be smart, strategic moves. Investors believe preparing for retirement requires a radically different set of tools or a dizzying array of products. Navigating the world of retirement products and services can be a full-time job. But investing for retirement is, in practice, not much (if at all) different from investing. In Your Retirement Plan, Ken Fisher will give readers a workable strategy to either develop their own retirement investing plan or work more successfully with a professional to increase the likelihood of achieving long-term goals while avoiding common pitfalls. The book will include easy-to-follow steps like * How to think, correctly, about investing time horizon. * How to better figure how much income you need * How to determine if a portfolio can provide that income * How to figure how much to save each year to achieve retirement goals * What pitfalls to avoid * And more...In this retirement planning book that's not just for retirees, Fisher will hand readers the tools and confidence they need to better plan for the future.

Über K Fisher

KEN FISHER is best known for his prestigious Portfolio Strategy column in Forbes magazine, where his over 28-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's 90-plus-year history. He is the founder, Chairman and CEO of Fisher Investments, an independent global money management firm managing tens of billions for individuals and institutions globally. Fisher is ranked #263 on the 2011 Forbes 400 list of richest Americans and #764 on the 2012 Forbes Global Billionaire list. In 2010, Investment Advisor magazine named him among the 30 most influential individuals of the last three decades. Fisher has authored numerous professional and scholarly articles, including the award-winning Cognitive Biases in Market Forecasting. He has also published eight previous books, including national bestsellers The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do), all published by Wiley. Fisher has been published, interviewed and/or written about in many major American, British and German finance or business periodicals. He has a weekly column in Focus Money, Germany's leading weekly finance and business magazine. LARA HOFFMANS is Vice President of Content at Fisher Investments, managing editor of MarketMinder.com, a regular contributor to Forbes.com and coauthor of the bestsellers, The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do).

Inhaltsverzeichnis

Acknowledgments ix Chapter 1: What? Me? Retire? 1 The Imagined Dichotomy 3 Two Goals and Some Non-Goals 4 Definitions and a Pencil 9 Start Immediately. Now. Right Away 13 Plan Your Prosperity 14 Chapter 2: My Goals Are What? 17 Why Is This So Hard? 20 Your Investing Goals, Simply 24 Potential Pitfall: Capital Preservation and Growth 26 Inflation s Insidious Impact 29 Three Percent, Compounded 35 Chapter 3: The Secret Code Asset Allocation or Benchmark? 37 Benchmark A Road Map and Measuring Stick 40 Picking a Benchmark 42 The Big Decision Asset Allocation 45 Potential Pitfall: Age Doesn t Equal Asset Allocation 49 Benchmark Versus Asset Allocation What s the Difference? 50 Chapter 4: Time Horizon Longer Than You Think 59 Potential Pitfall: Ignoring Opportunity Cost 62 Time Horizon What Is It? 64 Time Horizon and Benchmark 68 Chapter 5: What s in a Return? 73 Growth Defi ned 77 The Past as a Guide? 81 Gordon Moore and Endless Innovation 90 Potential Pitfall: Unrealistic Expectations 92 Chapter 6: Getting That Cash Flow 97 Potential Pitfall The All High-Dividend Portfolio 100 How Much Do You Need? 103 Monte Carlo Not Just a Casino 107 Let s Get Bootstrapping 109 Chapter 7: Can I Get There? 117 How Much Do You Have? 120 A Savings Plan 123 Chapter 8: Putting It All Together 131 To Benchmark or Not to Benchmark 134 State Your Goals 136 Know Where You Are 137 Picking an Appropriate Benchmark 138 Finding Professional Help 140 Avoid Being a Fraud Victim 143 And You re Off! 143 Appendix A: All Hail the Mighty Dow 145 Appendix B: Cash Flow Versus Expenses 155 Appendix C: Expense Categories 161 Appendix D: Personal Balance Sheet 165 Notes 169 About the Authors 173 Index 175

Zusätzliche Informationen

CIN1118431065VG
9781118431061
1118431065
Plan Your Prosperity - The Only Retirement Guide You'll Ever Need, Starting Now Whether You're 22, 52 or 82 K Fisher
Gebraucht - Sehr Gut
Gebundene Ausgabe
John Wiley & Sons Inc
20121116
192
N/A
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