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Millionaire Now! by Larry NusbaumThis blog is based on the organizational principles found in my new book, "Millionaire Now! - A Financial Toolbox with Seven Steps to Wealth". |
Retire Rich: Survival Guide
HOW TO MAKE YOUR MONEY LAST A LIFETIME
1. Establish a Personal Financial Plan. Planning is everything!
2. Create an A-B Living Trust with medical power of attorney and will. Review annually and update as needed.
3. Fund your Trust by transferring title of your brokerage accounts, bank accounts and real properties to the Trust and change the member names of your LLCs to the name of the Trust.
4. Read: 10 SMART MOVES FOR RETIREMENT & Morningstar Retirement Planning Tips
5. Purchase Long-Term Care by age 55.
6. Roll over your IRA, SEP, 401K, 403B into One self-directed Roth IRA and then Asset Allocate and do not take on too much risk.
7. Create a Perfect Retirement Portfolio for your Roth IRA.
8. Supplement your retirement with a Variable Annuity.
9. Real Estate: Own one or more rental properties. It's the only way to inflation-proof your retirement.
10. Own physical gold & silver.
11. Understand what the future may look like and what you can do to prepare.
12. Protect your money and hire a trusted advisor.
13. Do tax planning in retirement.
14. Do not rely on Social Security.
15. When to take Social Security.
16. Read: Boomers' Financial Futures in Flux
17. Your money will last longer with a 75% allocation to stocks over bonds and with a 4% annual withdrawal rate.
ADDITIONAL TOOLS:
- Real Estate Funds Lose 36.5% In Awful Year
- Morning Market Comments And Links (for Traders)
- How (bad) Certain Investments Did Last Week
- Dow Dips Below 8,000 Threshold, Reaching April 2003 Levels
- Some Insight From The Blogs:
- October 2008
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- Millionaire Now!
- The 7 Steps to Millionaire Now!
- Build Your Financial Plan
- RETIRE RICH: Survival Guide
- ASSET ALLOCATION MODEL
- THE BIG ROLLOVER IS HERE
- THE END OF THE GRAND SUPERCYCLE?
- Don't Mess With Taxes
- TaylorTree
- Poor and Stupid
- Millionaire Now! by Larry Nusbaum
- The Prudent Investor
- Adventures in Money Making
Today we have the Fed speaking and release of Fed mi [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them [read more]
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