Increase the odds you won't run out of money in retirement using
debt! Conventional wisdom is wrong being debt free in retirement
may actually increase your risk. The Value of Debt in Retirement
teaches you how incorporating debt into your retirement strategy
may increase your return, lower your taxes and actually lower your
risk. You read that right. If handled correctly, debt that thing
we've all been taught to avoid can play an integral role in your
life, especially in retirement. New York Times Best Selling Author
and nationally acclaimed financial expert Tom Anderson shows you
how to use the time tested strategies of the best companies and the
ultra rich to retire comfortably, minimize taxes, buy the things
you have always wanted to have and do the things you have always
wanted to do. Thought provoking and against the grain, Anderson
explains why your risk tolerance doesn't matter, why being debt
free may actually increase your risk and why rushing to pay off
your mortgage may be a financial disaster. Full of shocking
revelations and tricks high- net-worth individuals have used for
years, The Value of Debt in Retirement opens the world to a new
approach to wealth management in retirement, one that factors in
both sides of the balance sheet as an integrated ecosystem.
Real-world case studies illustrate how informed debt strategies can
lead to a happier, healthier retirement. See how an individual with
a net worth of more than $5 million can spend $20,000 per month -
after taxes - and pay less than $5,000 per year in taxes, how it is
possible to increase your rate of return by 50%, and how a lower
risk portfolio with debt could increase the chances you do not run
out of money. Specifically written to Baby Boomers, practical
guides and checklists show how to use debt strategies to fund
primary and secondary properties, refinance credit card debt, and
finance hobbies, such as cars and boats and recreational vehicles.
Additional guides show how you can help your children, help your
parents and leave a bigger legacy for your heirs and favorite
charities. Regardless of your net worth, The Value of Debt in
Retirement provides tools to use to apply these concepts to your
personal situation. There is no free lunch: the book delivers a
balanced perspective focusing on the potential risks and benefits
of the strategies discussed. A discussion on economic history
highlights some of the shocks the economy may face and provides
important warnings that you should factor into your retirement
plan. Anderson not only shows that your life expectancy may be
longer than you think, but also illustrates that many investors may
be on track to average returns well under 4% for the next ten years
a potentially devastating combination. Irrespective of your beliefs
about debt, The Value of Debt in Retirement proves risk is more
important than return for retirees and provides suggestions on ways
to minimize that risk. Not all debt is good and high levels of debt
are bad. The Value of Debt in Retirement is about choosing the
right debt, in the right amounts, at the right time. Perhaps most
importantly, this book isn't for everybody. This book requires
responsible actions. If you can't handle the responsibility
associated with the ideas then this book then it isn't for you. If
you need a rate of return under 3% from your investments then you
may not need this book. But if you can handle the responsibility
and if you need a return above 3%, this book may offer insights
into the best (and potentially only) way to achieve your goals.
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