Personal Finance After 50 For Dummies
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Tyson MBA Eric. Personal Finance After 50 For Dummies
Introduction
Part I. Working toward Retirement
Chapter 1. Looking Ahead to Your Future
Chapter 2. Protecting Your Employment Income and Your Health
Chapter 3. Developing a Retirement Plan
Chapter 4. Identifying Retirement Investments and Strategies
Chapter 5. Grasping Retirement Accounts and Their Rules
Part II. Making Money Decisions in Retirement
Chapter 6. Managing Budgets and Expenses
Chapter 7. Guiding Investments and Distributions in Retirement
Chapter 8. Making Important Housing Decisions
Chapter 9. Considering Your Long-Term Care Insurance Needs and Options
Part III. Dealing with Government Programs
Chapter 10. Making Your Best Choices under Social Security
Chapter 11. Getting the Most Out of Medicare
Chapter 12. The State Health Care System Backup: Medicaid
Part IV. Estate Planning: It’s More than Just Dead People and Lawyers
Chapter 13. The Basics on Estate Planning
Chapter 14. Eyeing Wills and Other Legal Documents
Chapter 15. Tackling the Federal Estate Tax When You Have Too Much Money
Chapter 16. Focusing on Estate Taxes and the Many Types of Trusts
Part V. The Part of Tens
Chapter 17. Ten Common Retirement and Estate Planning Mistakes
Chapter 18. Ten Things to Know about Working in Retirement
Chapter 19. Ten (or So) Tips to Know about Caring for Your Aging Parents
About the Authors
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Отрывок из книги
We’re all getting older, together. Aging presents opportunities for increased wisdom and broader perspective as well as some increased challenges. One of those challenges has to do with finances. The new, and sometimes more complex, financial decisions that confront folks in their later working years and then in retirement can be tough to work through.
For example, consider the types of questions we, your humble authors, have been asked from folks in our advisory businesses:
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Throughout this book, we discuss financial strategies and tactics for making the most of your money over the coming decades of your life. The sooner you get control over and optimize your finances, the bigger your payoff will be.
Consider, for example, something that nearly everyone wants to do: save and invest for future financial goals such as retirement. Take the case of the Fuller family, who came to Eric for financial counseling years ago. The Fullers enjoyed a healthy and relatively stable income yet they saved little, if any, money annually. They knew how to spend money!
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