Plan Smart, Retire Rich: The Book Designed to Help You Reach Your Retirement Dreams

by Brenner, George D.

• ISBN13: 9780070444645
• ISBN10: 0070444641
• Format: Hardcover
• Copyright: 1999-01-01
• Publisher: McGraw-Hill

Summary

Today's changing social fabric means more Americans than ever are responsible for their own retirement security. "Plan Smart, Retire Rich" helps take the mystery out of retirement planning with profiles that readers can match to their personal goals, needs, and resources. 20 line illustrations.

Table of Contents

Introduction	ix	(4)
Profiles	xiii	(4)
Acknowledgments	xvii
PART ONE	3	(32)
Chapter 1 Retirement 101: Learning the Basics Understanding the basic financial and retirement concepts necessary for developing an effective retirement program for you.	3	(10)
Chapter 2 Financial Architecture: Creating a Portfolio Blueprint Understanding risk and asset allocation.	13	(14)
Chapter 3 Learn from the Past: Avoid Mistakes in the Future A list of common retirement errors that anyone can make--and how to avoid them.	27	(8)
PART TWO	35	(58)
Chapter 4 Special (k): Using Your Employer's 401(k) Plan to Meet Your Retirement Goals The advantages of participating in your 401(k) plan.	35	(12)
Chapter 5 Special (k): Adopting a 401(k) Plan to Meet Your Company's Needs The business advantages of creating a 401(k) plan.	47	(4)
Chapter 6 Go with the Cash Flow: Profit-Sharing Plans An answer for business owners who may want flexibility in plan contribution amount.	51	(8)
Chapter 7 Two for Your Money: Combining Defined Contribution Plans An option offering maximum opportunity and flexibility for the business owner in need of higher contributions and minimum commitments.	59	(8)
Chapter 8 Supercharging Your Retirement Program: A Plan for Late Starters and Those over Fifty Using a defined benefit plan to help older and wealthier business owners maximize their contributions.	67	(6)
Chapter 9 The Age of Reason Begins: Older Can Be Better The age-based profit-sharing plan for those employers who are older than their employees and who want flexibility in plan contribution amount.	73	(4)
Chapter 10 Simply the Best--The Ins and Outs of the SIMPLE Plan Understanding a new type of retirement plan tailor-made for certain business owners.	77	(4)
Chapter 11 Closing the Gap: What To Do When Your Employer's Plan Just Isn't Enough How to take control of your retirement by using tax-favored products to help supplement your retirement plan.	81	(12)
PART THREE	93	(107)
Chapter 12 The Midas Touch: Doing the Impossible with Creative Business Strategies Five case studies for the successful business owner which show how to lower taxes and/or increase retirement benefits.	93	(10)
Chapter 13 Give and Ye Shall Receive: The Benefits of Rewarding Key Employees The advantages of setting up a discriminatory retirement program designed for key employees.	103	(16)
Chapter 14 Planning for Keeps: How to Keep Together What You Put Together Minimizing estate and income taxes for individuals with substantial retirement accounts.	119	(20)
Chapter 15 Double Your Advantage: Use Your Retirement Plan to Help Protect Your Estate Using tax deductible contributions to pay premiums for life insurance that is needed for estate planning.	139	(16)
Chapter 16 You Can't Take It with You: Business Succession Planning Using a qualified plan to help fund a business continuation program.	155	(8)
Chapter 17 To Have and to Hold: Medicaid Asset Protection Protecting property from Medicaid recapture.	163	(22)
Chapter 18 The Honeymoon Is Over Using a qualified plan account to fund marital obligations pursuant to divorce.	185	(6)
Chapter 19 Heads I Win, Tails I Win: Charitable Giving--Advantages for Both You and Your Favorite Charity A creative way to use a charitable remainder trust as a retirement program.	191	(9)
Appendix A: A Spectrum of Retirement Plans A summary of qualified retirement plans and their key attributes.	200	(5)
Appendix B: Summary of Recent Legislation The effects of new legislation on your retirement plan.	205	(10)
Appendix C: Glossary of Financial Terms	215	(6)
Index	221