Description: Let's Do The Numbers by Ian Sender Spend $80,000 or $20,000 a year In my experience clients most satisfied with their retirement income were those that "did the numbers" themselves. They created the income level they enjoyed in retirement by working the numbers backward to determine how much to save and invest. After estimating their Social Security and pension benefits, they decided they wanted $40,000 a year from investments. They knew that inflation will reduce their retirement dollar to fifty cents over time. That meant that they needed a nest egg of over $1 million in order to take $80,000 in future dollars ($40,000 current). Since retirement plans (pensions and IRAs) allow money to compound WITHOUT taxes now, they used them at work and on their own. Younger clients have used Roth IRAs since it allows them to completely avoid income taxes on that money in time. I showed these clients how to use a calculator to find the _interest_calculator.htm amount they needed to invest each year to reach their goal. You can reach $1 million in about 33 years by investing in a low-cost stock market index mutual fund inside a tax-FREE account. If you use a "managed" advisor/broker account, you lose. The average managed-investment account returns were 3.69% over the last 30 years according to Dalbar QAIB study. During the same period your returns could have been over 11% if you had chosen a low-cost stock-market-index mutual fund-your $250 monthly deposits would be worth only $200,00 instead of $1,000,000. FORMAT Paperback LANGUAGE English CONDITION Brand New Author Biography Ian Sender has been a financial services executive for over 20 years. He was a managing director of sales units of securities firms. He is one of the Insiders who contributed to the The Insiders Guides set of buyers guides edited by Dan Keppel. The guides provide specific ways to save on all financial services. The Insiders Guides to Buying Discount Financial Services: Buy Direct and Save $3,000 Every Year is available at Amazon, Barnes and Noble, Abebooks. Ian lives in New Jersey and the Caymans. Details ISBN1502775522 Author Ian Sender Short Title LETS DO THE NUMBERS Pages 68 Language English ISBN-10 1502775522 ISBN-13 9781502775528 Media Book Format Paperback Year 2014 Publication Date 2014-10-16 Subtitle Creating Your Retirement Income Imprint Createspace Independent Publishing Platform Publisher Createspace Independent Publishing Platform Audience General We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:93340674;
Price: 40.49 AUD
Location: Melbourne
End Time: 2025-01-29T12:38:26.000Z
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Format: Paperback
Language: English
ISBN-13: 9781502775528
Author: Ian Sender
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Book Title: Let's Do The Numbers
