The Life Cycle of Wealth

by Aaron Kolkman

Overview

Stop getting sold, and start getting perspective.

The Life Cycle of Wealth gives you an unprecedented look at the natural process of developing wealth over a lifetime, and the challenges involved with passing it on.

Instead of the usual tips about 'What to do when...,' The Life Cycle of Wealth teaches you to think strategically, so you can align your plans with your values, and your actions with both.

Once you read it, you will reference it often. Again and again, The Life Cycle of Wealth will deliver truth to your financial life, so you can make great decisions that lead to achieving real wealth in your lifetime.

This book offers both knowledge and wisdom in a timeless, simple fashion that leaves you inspired to move forward with confidence and to pass your wisdom to future generations.

Product Details

ISBN-13:	9781629945323
Publisher:	Tate Publishing & Enterprises, L.L.C.
Publication date:	02/04/2014
Pages:	100
Product dimensions:	5.70(w) x 8.50(h) x 0.40(d)

Table of Contents

Foreword 15

Preface 17

A Means to an End: Money as a Universal Language 21

About the Cycle: Understanding the Life Cycle Model 27

Phase I Prepare: The Infrastructure of Your Financial Life 37

Phase II Produce: Using Your Income to Fund Your Assets 43

Phase III Prosper: Using Your Assets to Fund Your Income 47

Phase IV Preserve: Structuring and Funding Your Legacy 51

Managing Risk: Recognizing the Pitfalls in Your Plans 59

Finding Your Fiduciary: The Secret to Mastering the Life Cycle 71

Creating Recurrence: The Multigenerational Wealth Challenge 83

Appendix I Quantitative Analysis of Investor Behavior (Dalbar, 2013.) 91

Appendix II Questions to Ask a Financial Professional 93

Appendix III Financial Designations 95

Bibliography 97