Read more
Informationen zum Autor Mike Egan, CFP, CIMA , is a financial advisor who began his career as a derivatives marketer at Lehman Brothers, structuring and executing swap and derivative transactions totaling more than $8 billion for Fortune 20 companies. Egan founded the Corporate and Executive Services Group at Legg Mason Wood Walker, Inc., in Baltimore. Read more at MacroMike.com. Klappentext Eight simple strategies for getting your retirement portfolio back in shape Is Social Security about to collapse? (No.) Is Wall Street totally corrupt? (Nope.) Did the government bailouts benefit only "insiders"? (Absolutely not.) Is the American Dream dead? (Not on your life.) Myths, misconceptions, and misinformation perpetuated by politicians, the media, and other self-interested parties can have a devastating effect on your retirement portfolio. After all, if you're working with the wrong information, how can you make the right investing decisions? Mike Egan, a financial advisor for both individuals and corporations, has worked on Wall Street for more than 20 years. He handles millions of dollars at a time. He knows how it all works-and he's here to tell you that a lot of what you hear just isn't true. In Your Stronger Financial Future , Egan busts the most powerful myths that are affecting your retirement plans and provides simple but highly effective strategies you can use to start turning your portfolio around today. Egan's eight retirement-investing maxims include:Count on Social Security-but make it only part of your overall planIdentify the inflation-adjusted amount you need at retirementGet a licensed financial advisor who really understands Wall StreetMaintain your own personal "bailout fund"Build savings rather than accrue debtUse annuities to account for longevity and healthcare Two things are standing in the way of you and your dream retirement: misconceptions and presumption. Transcending the negative psychology that misdirects your investing performance is easy-you just need the right information and new strategies to replace the old ones. Your Stronger Financial Future delivers both. Sometimes changing course midstream is a good thing. Now is the time to reassess your outlook, rethink your finances, and reposition yourself for a stronger financial future. Zusammenfassung Social Security is not going to collapse. The bailouts helped everyone! not just Wall Street ... A leading financial advisor busts the most popular myths that lead to poor investment decisions to help personal investors get their portfolio and retirement plans back on track. Inhaltsverzeichnis Foreword Introduction Myth #1: You can coast into retirement Myth #2: Social Security is on the brink of collapse Myth #3: The Fed skims 5 percent from our currency, causing in¿ation, which ruins your savings Myth #4: Wall Street is corrupt. Avoid it Myth #5: Government bailouts are for the insiders, not the people Myth #6: Leverage is the key to prosperity Myth #7: Sinister world powers seek to lessen the world's population Myth #8: The American Dream is to kick back and never work again Afterword Notes and Sources...