Achieve Financial Freedom – Big Time!: Wealth-Building Secrets from Everyday Millionaires

by Botkin, Sandy

• ISBN13: 9780071798501
• ISBN10: 0071798501
• Edition: 1st
• Format: Paperback
• Copyright: 2012-09-18
• Publisher: McGraw-Hill Education

Summary

The bestselling author of Lower Your TaxesBig Time!reveals the secrets of the rich to help anyone achieve long-term financial stability In Achieve Financial FreedomBig Time!, Sandy Botkin provides the wealth-building tools of the millionaires he interviewed for this book, helping average investors achieve a level of retirement they only dreamed about. Botkin explains the ten most common reasons peoples' retirement portfolios go sour and offers proves methods to avoid them. Sandy Botkinis a former IRS Attorney and CPA and one of the first gurus to start lecturing nationally to self-employed taxpayers on tax strategies. During the past ten years, through his Tax Reduction Institute, based in the Washington DC area, Mr. Botkin has taught more than 100,000 taxpayers how to save over $300 million on their taxes with his seminars.

Table of Contents

Introduction
Chapter 1 The Beginning: We’ve Got to Start Somewhere
Chapter 2 Reserves
Chapter 3 Compound Interest: The Eighth Wonder of the World
Chapter 4 Saving Money, Part I: The Real Secret of Wealth
Chapter 5 Saving Money, Part II: How to Pay for College
Chapter 6 Getting Out of Debt Forever
Chapter 7 How to Avoid Scams, Slams, and Shams
Chapter 8 Homes and Mortgages
Chapter 9 Investing, Part I
Chapter 10 Investing, Part II
Chapter 11 Insurance, Part I
Chapter 12 Insurance, Part II
Chapter 13 Social Security
Chapter 14 Estate Planning
Chapter 15 Retirement Planning
Chapter 16 Asset Protection
Chapter 17 Alternative Housing for the Elderly
Chapter 18 Evaluating a Financial Planner
Appendix A Comparison Chart for College Savings Plans
Appendix B Getting In-State Tuition Rates for Out-of-State Students
Appendix C Comparison Chart for Term Versus Permanent Insurance
Appendix D Normal Retirement Ages
Appendix E Benefit Reductions When Beneficiaries Retire Before Their Full Retirement Age and Take Benefits at Earliest Age Possible
Appendix F Yearly Benefit Rate Increases When Beneficiaries Retire After Their Full Retirement Age up to Age 70
Appendix G State Rules Providing Homestead Protection for Your Home
Appendix H Additional Helpful Websites and Other Resources
Index