Achieve Financial Freedom – Big Time!: Wealth-Building Secrets from Everyday Millionaires

Front Cover
McGraw Hill Professional, Aug 24, 2012 - Business & Economics - 320 pages
0 Reviews
HOW DO YOU ACHIEVE FINANCIAL FREEDOM--DO WHAT RICH PEOPLE DO!

Starting with this profoundly simple concept, bestselling author Sandy Botkin and his son, Matt Botkin, interviewed a host of millionaires to learn how they made their money, invested it, and planned for the future.

The result is Achieve Financial Freedom—Big Time!, a simple, straightforward guide to building, keeping, and growing your wealth so you never have to worry about finances again.

The authors reveal the fundamental financial decisions this elite group makes in virtually every area of financial planning--from paying for college and healthcare to investing and estate planning.

Learn how to:

  • Reduce your debt to zero--including your mortgage
  • Choose realistic retirement targets
  • Pick the right insurance and insurance options for your needs--and save money at the same time
  • Pay for your child's college and wedding without going broke
  • Lower your tax burden
  • Avoid any Madoff-style scam
  • Increase your asset protection and reduce your chances of being sued

Achieve Financial Freedom—Big Time! tells you everything CPAs don't want to. Start taking action now--so you don't have to in the future.

 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Contents

Weve Got to Start Somewhere
1
Chapter 2 Reserves
13
The Eighth Wonder of the World
23
The Real Secret of Wealth
33
How to Pay for College
47
Chapter 6 Getting Out of Debt Forever
59
Chapter 7 How to Avoid Scams Slams and Shams
81
Chapter 8 Homes and Mortgages
105
Chapter 15 Retirement Planning
235
Chapter 16 Asset Protection
249
Chapter 17 Alternative Housing for the Elderly
263
Chapter 18 Evaluating a Financial Planner
273
Comparison Chart for College Savings Plans
279
Getting InState Tuition Rates for OutofState Students
281
Comparison Chart for Term Versus Permanent Insurance
287
Normal Retirement Ages
289

Chapter 9 Investing Part I
123
Chapter 10 Investing Part II
135
Chapter 11 Insurance Part I
161
Chapter 12 Insurance Part II
187
Chapter 13 Social Security
199
Chapter 14 Estate Planning
209
Benefit Reductions When Beneficiaries Retire Before Their Full Retirement Age and Take Benefits at Earliest Age Possible
291
Yearly Benefit Rate Increases When Beneficiaries Retire After Their Full Retirement Age up to Age 70
293
State Rules Providing Homestead Protection for Your Home
295
Additional Helpful Websites and Other Resources
299
Index
301
Copyright

Other editions - View all

Common terms and phrases

About the author (2012)

Sandy Botkin is a former IRS attorney and CPA. During the past 10 years, through his Tax Reduction Institute based in the Wash¬ington, DC area, Mr. Botkin has taught hundreds of thousands of taxpayers how to save millions.
Matthew Botkin is a CPA and has a Masters in financial planning. He recently passed the Certified Financial Planning exam and is currently in law school.

Bibliographic information