Personal Financial Planning - Tapa dura

This guide to controlling and planning personal finance has been substantially updated and revised to reflect the latest changes in tax laws, new investment strategies, and advice on such topics as insurance, estate planning, and medical coverage. It presents strategies for setting financial goals and reaching those goals with intelligent and systematic investment strategies. Written by experts in the field, "Personal Financial Planning" provides authoritative advice on every aspect of tax planning; taking advantage of market cycles; selecting the right insurance companies, brokers and agents; buying the right life, health, property, and liability insurance; planning for retirement; and estate planning. In addition, readers should learn how to choose and use common stocks, mutual funds, bonds, real estate, savings accounts, trusts and other vehicles to accumulate and protect their money. The fifth edition features information on such topics as: the financial soundness of insurance companies; the latest laws and options regarding medical benefits; up-to-the-minute coverage of new income tax statutes; new information on employee stock plans, annuities, 401(k) plans, and flexible benefits; the role of "living wills" in estate planning; investment strategies for junk bonds and fixed-income securities. The new edition also includes an array of easy-to-use personal financial statements and review forms, with full instructions, to assist readers in the planning process.

G. Victor Hallman is a member of the Pennsylvania State Bar, a lecturer in financial and estate planning at the Wharton School of the University of Pennsylvania, and a consultant in the field of financial and estate planning. He is the author or coauthor of many professional books. Jerry S. Rosenbloom is a professor at the Wharton School and chairman of its department of insurance and risk management. He has written numerous books and articles and is a well-respected financial consultant.