Build Wealth & Spend It All: Live the Life You Earned - Couverture rigide

Riggs, Stanley Arthur

Couverture rigide

ISBN 10 : 0991521501 ISBN 13 : 9780991521500

Editeur : Monetary Publishing LLC, 2014

Synopsis

In two days...tomorrow will be yesterday So today...start to build wealth, protect your retirement savings and plan to strategically and responsibly spend it or gift it all away before you die. By reading this book you will learn: - Why you should want to be "wealthy" - not "rich" - The keys to building wealth: passive income and "other people's time" - Which financial products and investment strategies are most reliable - Why your retirement savings are at risk of being redistributed - Why you should spend or gift away your wealth before you die The best revenge in old age is having a life well lived Don't depend on your IRA, 401(k) and Roth plans being there for you: - Nationalization of foreign retirement plans is happening now - The U.S. federal government has plans for a nationalized retirement scheme - Your retirement dollars will bail out underfunded union and municipal retirement programs Instead, build wealth using these tools: - Assets vs. liabilities - invest in real assets - Economic cycles - use them to your advantage - Demographics - the looking glass into your destiny And plan to enjoy every dollar you have ever saved: - Set your lifestyle priorities - Protect your retirement savings - Die broke by strategically spending your wealth without being destitute or wasting your money on insurance products This book will help you climb the "net worth mountain" and enjoy the view from the top, and it will be your guide as you descend, strategically spending and gifting away every single dollar you have earned and saved...spending it all! Your grave stone will have two dates separated by a hyphen. You have no control over the dates, but you do have control over the hyphen...that is your life. Let this book show you how to make that a great hyphen.

A propos du livre

Présentation de l'éditeur

You can build wealth. You need to protect your retirement savings from future nationalization, taxation and redistribution. You deserve to spend everything you have earned and saved before you die. This is not a novel to numb the pain in your life for just a couple of hours. It is a tool box with the tools you can use to fix your life...forever. Dr. Riggs has been building wealth for over fifty years through several very different and very successful careers, each of which made him a multimillionaire. In this book he explains the three basic and easy to understand financial concepts anyone can use to both build and protect their wealth. But it was only during this past year, while he was visiting his 96 yr. old mother in a nursing home, he gained insight into what awaits most of our retirement savings. The money his mother had earned as a public school teacher and had frugally saved for over 50 years was rapidly being drained away as she dozed off in her chair. They were taking it simply because she still had it; while other residents who had already enjoyed spending their money, were now getting a free ride. He had helped his mother to save and invest when he should have encouraged her to spend. He had failed his own mother by not encouraging her to spend all she had earned and saved, while she was still able to enjoy it. But he was determined not to fail himself. He needed a plan...a logical plan to enjoy strategically spending or gifting it all away over a predetermined period of time; before the private IRA, 401(k) and Roth retirement accounts are nationalized and redistributed. He needed a plan to spend it all and die broke – insolvent, but not illiquid or destitute. Surprisingly, his plan for building his wealth was simpler and came more naturally to him than his plan for spending it all. In this book he explains the three basic and easy-to-understand financial concepts anyone can use to help build their own wealth: (1) Understand the difference between true assets and actual liabilities. (2) Always know where you are in the economic cycle. (3) Understand the implications of the coming demographic changes. Your grave stone will have two dates separated by a hyphen. You have no control over the dates but you do have control over the hyphen ... that’s your life. Let this book show you how to make the most of that hyphen.

Détails de l'édition

• Éditeur: Monetary Publishing LLC
• Date d'édition: 2014
• Langue: anglais
• ISBN 10: 0991521501
• ISBN 13: 9780991521500
• Reliure: Relié
• Nombre de pages: 212
• Coordonnées du fabricant: non disponible
• Personne responsable: non disponible