Skip to Content
Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82
book

Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82

by Ken Fisher Brown, Lara Hoffmans
October 2012
Beginner
180 pages
3h 35m
English
Wiley
Content preview from Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82

Contents

Acknowledgments

Chapter 1: What? Me? Retire?

The Imagined Dichotomy

Two Goals . . . and Some Non-Goals

Definitions and a Pencil

Start Immediately. Now. Right Away.

Plan Your Prosperity

Chapter 2: My Goals Are . . . What?

Why Is This So Hard?

Your Investing Goals, Simply

Potential Pitfall: Capital Preservation and Growth

Inflation’s Insidious Impact

Three Percent, Compounded

Chapter 3: The Secret Code—Asset Allocation or Benchmark?

Benchmark—A Road Map and Measuring Stick

Picking a Benchmark

The Big Decision—Asset Allocation

Potential Pitfall: Age Doesn’t Equal Asset Allocation

Benchmark Versus Asset Allocation—What’s the Difference?

Chapter 4: Time Horizon—Longer Than You Think

Potential Pitfall: Ignoring Opportunity Cost

Time Horizon—What Is It?

Time Horizon and Benchmark

Chapter 5: What’s in a Return?

Growth Defined

The Past as a Guide?

Gordon Moore and Endless Innovation

Potential Pitfall: Unrealistic Expectations

Chapter 6: Getting That Cash Flow

Potential Pitfall—The All High-Dividend Portfolio

How Much Do You Need?

Monte Carlo—Not Just a Casino

Let’s Get Bootstrapping

Chapter 7: Can I Get There?

How Much Do You Have?

A Savings Plan

Chapter 8: Putting It All Together

To Benchmark or Not to Benchmark

State Your Goals

Know Where You Are

Picking an Appropriate Benchmark

Finding Professional Help

Avoid Being a Fraud Victim

And You’re Off!

Appendix A: All Hail the Mighty Dow

Appendix B: Cash Flow Versus Expenses

Appendix C: Expense Categories

Appendix D: Personal Balance ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.

Read now

Unlock full access

More than 5,000 organizations count on O’Reilly

AirBnbBlueOriginElectronic ArtsHomeDepotNasdaqRakutenTata Consultancy Services

QuotationMarkO’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.
Julian F.
Head of Cybersecurity
QuotationMarkI wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.
Addison B.
Field Engineer
QuotationMarkI’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.
Amir M.
Data Platform Tech Lead
QuotationMarkI'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.
Mark W.
Embedded Software Engineer

You might also like

What Successful Brick-and-Mortar Retailers Get Right

What Successful Brick-and-Mortar Retailers Get Right

Rob Angell

Publisher Resources

ISBN: 9781118516096Purchase book