The 8 Biggest Mistakes People Make With Their Finances Before and After Retirement (Repost)

ISBN: 0793149061

Category: Business

Tag: Business & Investing


Posted on 2010-07-02. By anonymous.

Description


The 8 Biggest Mistakes People Make With Their Finances Before and After Retirement By Terence L. Reed
Publisher: Dearborn Trade 2001 | 240 Pages | ISBN: 0793149061 | PDF | 27 MB



According to financial expert and author Terrence L. Reed, there are eight mistakes that he has seen with painful regularity in his years of practice as a financial advisor. These are: #1 Not investing for the long term #2 Taking on financial risk #3 Failing to do dignity planning #4 Not having good long-term care coverage #5 Not properly planning for estate transfer #6 Paying too much in taxes #7 Using the wrong investment strategies #8 Having the wrong type of life insurance
To fix these eight mistakes, follow the proven, commonsense strategies outlined in The 8 Biggest Mistakes People Make with Their Finances Before & After Retirement. Guiding readers how to live comfortably in retirement, the author suggests course corrections. He explains and illustrates how to protect retirement funds, safeguard financial security, provide for loved ones, use the best retirement funds distribution options, avoid excessive risk, minimize tax exposure, select low-cost investments with the highest potential returns, and invest for the future.

About the Author
Terrence L. Reed, CFP, is a director of the Center for Wealth Preservation and operates as a registered investment advisor through Sigma Planning Corporation. In private practice with more than 350 clients in the Detroit area, Reed is a popular seminar presenter and speaker. His extensive background in financial education includes designations from Denver’s College of Financial Planning, the Institute of Business and Finance, and the Life Underwriters Training Council. He is a member of the International Association of Registered Financial Consultants and teaches for the Financial Education Network. A popular financial radio host in the greater Detroit area, he hosted Let’s Talk Money on two Detroit stations for more than a decade.


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