October 2012
Beginner
180 pages
3h 35m
English
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
Content preview from Plan Your Prosperity: The Only Retirement Guide You'll Ever Need, Starting Now--Whether You're 22, 52 or 82
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Know Where You Are
To know which benchmark can increase the odds of achieving your long-term goals, you should know where you’re starting from and what your future needs are. To do that, do a few exercises like:
- Create a personal balance sheet to determine your current net worth. (See Appendix D.) You can also use this to make projections about future net worth.
- Create an income and expense sheet. (See Appendix B.) Use this to make projections about future cash flow needs.
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I'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.