Produktbild: Financial Independence (Getting to Point X)

Financial Independence (Getting to Point X) A Comprehensive Tax-Smart Wealth Management Guide

Fr. 56.90

inkl. gesetzl. MwSt., Versandkostenfrei


Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

19.10.2018

Verlag

John Wiley & Sons

Seitenzahl

480

Maße (L/B/H)

16.3/23.6/4.3 cm

Gewicht

712 g

Auflage

2. Auflage

Sprache

Englisch

ISBN

978-1-119-51034-5

Beschreibung

Produktdetails

Einband

Gebundene Ausgabe

Erscheinungsdatum

19.10.2018

Verlag

John Wiley & Sons

Seitenzahl

480

Maße (L/B/H)

16.3/23.6/4.3 cm

Gewicht

712 g

Auflage

2. Auflage

Sprache

Englisch

ISBN

978-1-119-51034-5

Herstelleradresse

Libri GmbH
Europaallee 1
36244 Bad Hersfeld
DE

Email: gpsr@libri.de

Kundinnen und Kunden meinen

0 Bewertungen

Informationen zu Bewertungen

Zur Abgabe einer Bewertung ist eine Anmeldung im Konto notwendig. Die Authentizität der Bewertungen wird von uns nicht überprüft. Wir behalten uns vor, Bewertungstexte, die unseren Richtlinien widersprechen, entsprechend zu kürzen oder zu löschen.

Die Bewertungen sind nach Format, Anzahl Sterne und Datum sortiert.

Verfassen Sie die erste Bewertung zu diesem Artikel

Helfen Sie anderen Kund*innen durch Ihre Meinung

Kundinnen und Kunden meinen

0 Bewertungen filtern

Die Leseprobe wird geladen.
  • Produktbild: Financial Independence (Getting to Point X)
  • Foreword by Todd Mackay xi

    Preface xiii

    Acknowledgments xv

    Introduction Getting to Point X 1

    Financial Literacy and the Move Away from Capitalism 2

    Point X: Our Fundamental Financial Goal 4

    Ten Key Issues to Comprehensive Wealth Management 5

    Our Biggest Expense 6

    Take a Financial Planning Checkup 8

    The Power of This Book 10

    What's New in the Second Edition 11

    Chapter 1 Committing to Living Within Your Means 13

    The American Dream Becomes the American Nightmare 13

    Living Within Your Means: The Essential Step 14

    Simple Saving 18

    Chapter 2 Understanding Taxes 23

    A Brief History of the US Tax System 24

    Organizing and Retaining Your Records 27

    Tax-Preparation Services 28

    Accumulating Wealth Through Tax Planning 31

    Chapter 3 Determining Your Financial Position 37

    Figuring Your Financial Net Worth 38

    Case Study: How One Couple Learned They Were Spending More Than They Earned 38

    Making Sense of Cash Flow 49

    Establishing Your Financial Goals 71

    Finding Trusted Advisors 75

    Chapter 4 Managing Debt 83

    Case Study: How Two Doctors Went Bankrupt in Only a Few Years - What Not to Do 83

    Basic Principles for Managing Debt 87

    Good Debt Versus Bad Debt 89

    Credit Card Debt 90

    Auto Loans 96

    Student Loans 97

    Home Mortgage Loans 98

    Business and Investment Loans 103

    Understanding Credit 104

    Your Credit Report and Your Credit Score 105

    Preventing Identity Theft 110

    The Equifax Breach 111

    Analyzing Your Debt 112

    Chapter 5 Insuring Your Health and Life 119

    Choosing a Health Insurance Plan 120

    Long-Term Care Insurance 135

    Disability Insurance 142

    Life Insurance 146

    Buying Insurance Policies 152

    Chapter 6 Protecting Your Property with Insurance 157

    Case Study: How a Lack of Insurance Wiped Out One Woman's Life Savings 158

    Homeowners Insurance 160

    Automobile Insurance 164

    Umbrella Liability Insurance 167

    Buying Insurance Policies 170

    Chapter 7 Paying for College 175

    Is College the Best Choice for You and Your Child? 175

    The Cost of College and What You Can Expect to Pay 179

    Case Study: How Not Saving for Your Child's Education Can Ruin Your Finances - and Your Child's 181

    Conducting a "Needs Analysis" for Your Children's College Educations 185

    Strategies for Saving Money for College Education 189

    Education Tax Breaks and Credits 204

    Chapter 8 Planning for Retirement 213

    Case Study: Saving Versus Not Saving for Retirement: The $1.7 Million Difference 213

    Retirement Equation: Calculating Your Personal Point X 217

    The High Cost of Waiting to Save for Retirement 219

    What You Can Expect to Receive from Social Security 222

    Qualified Retirement Plans 225

    The Difference Between Traditional IRAs and Roth IRAs 229

    Fixed and Variable Annuities 235

    Retirement Funding: "Needs Analysis" 239

    Chapter 9 Managing Your Investments 249

    Analyzing Your Ability and Willingness to Take Risk 250

    Stocks, Bonds, Hybrid Securities, Mutual Funds, and Exchange-Traded Funds 255

    Diversification, Asset Allocation, and Rebalancing 264

    Dollar-Cost Averaging 275

    Inflation and Taxes: The Biggest Drains on Investment Return 276

    Medicare Surtax on Net Investment Income 277

    Cryptocurrency and Its Tax Treatment 278

    Chapter 10 Preserving Your Estate 283

    The Federal Gift and Estate Tax System 284

    Legal Documents to Consider for Estate Planning 284

    The Probate and Administration Process and Why You May Want to Avoid It 289

    Using a Planned Gifting Strategy 293

    Ownership of Property and How It is Transferred 294

    Reasons for Creating a Trust 297

    Benefit from a Family Limited Partnership 309

    Estate Tax Planning and Life Insurance 310

    Asset Protection and Long-Term Care 313

    Chapter 11 Starting Your Own Business 319

    How Starting Your Own Business Can Lead to Financial Independence 319

    The Three Pillars of Establishing a Successful Business 320

    Sobering Statistics on Business Success Rates 321

    Business Plan 321

    Establishing and Operating a Successful Business 323

    Entity Choices 326

    Tax Identification Number 333

    Accounting Methods 333

    Reporting Business Income and Expenses 336

    What is the Number-One Expense in Operating a Business? 338

    Employee Versus Independent Contractor 338

    Business Tax Deduction Versus Business Tax Credit 340

    "Ordinary and Necessary" Test 341

    Deductible Business Expenses 342

    Nondeductible Business Expenses 344

    Home Office Deduction 344

    Travel Expense As a Business Deduction 347

    Deducting Automobile Expenses 348

    Depreciation Deductions 350

    Choosing the Right Retirement Plan for Your Business 352

    Recordkeeping 361

    Financial Statements 362

    Financial Management Team 366

    What the Tax Cuts and Jobs Act of 2017 Means for Your Small Business 367

    Chapter 12 The Time Value of Money 379

    Appendix A: Selecting a Trusted Advisor 395

    Appendix B: 101 Ways to Save $20 or More per Week 405

    Appendix C: Basic Concepts and Definitions of Various Types of Taxes 415

    About the Author 435

    Index 437