{"product_id":"moving-up-to-millions-isbn-9780470131817","title":"Moving Up to Millions","description":"\u003cb\u003eBetter ways to progress down the path to a secure financial future\u003c\/b\u003e  \u003cp\u003eIn \u003ci\u003eMoving Up to Millions: The Life Calculator Guide to Wealth\u003c\/i\u003e financial guru and former California State Controller Kathleen Connell outlines a dynamic and digitally accessible interactive approach to securing anyone’s financial future.  It contains practical advice on overcoming life’s adverse financial events as well as a winning game plan that can be instantly updated for these uncertain times. It also includes a sophisticated, yet easy-to-use financial calculator that enables readers to create an unlimited number of personalized, real-time “what if” scenarios and calculate their optimal financial plan.\u003c\/p\u003e \u003cp\u003eAimed at readers in their peak earning years to those a few years away from retirement, this book offers both profiles of individuals and families who address financial challenges and reposition their careers and personal lifestyles to redeem their finances, as well as the actionable tips they follow on the road to financial freedom. A digital platform encourages readers to access weekly on-line expert panels and blog sites where they can interact with the author and access extensive web references for further education.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eKathleen Connell\u003c\/b\u003e Washington, D.C is currently President of the Connell Group, an investment advisory firm located in Washington, D.C. and teaches International Finance at the U.C. Berkeley Haas Graduate School of Business and at the Georgetown University McDonough Graduate School of Business. Dr. Connell has twenty-five years of experience in the field of finance and served as a trustee for CalPERS and CalSTRS for eight years, which together comprise the largest pool of retirement assets in the world.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eIntroduction ix\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eThe Life Calculator Online Program xiv\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAcknowledgments xv\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 Meet Your Neighbors 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMoving Up to Millions 5\u003c\/p\u003e \u003cp\u003eYou, Too, Can Be a Millionaire! 6\u003c\/p\u003e \u003cp\u003eNot All Millionaires Are Equal 8\u003c\/p\u003e \u003cp\u003eDo You Really Need a Million Dollars? 13\u003c\/p\u003e \u003cp\u003eThe Four Rules of Making Millions 16\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 Threats to Millionaire Status 23\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhy Your Life Cycle Is Not Like Your Parents' 24\u003c\/p\u003e \u003cp\u003eIt's More Than Just a Number, It's a Life Plan 36\u003c\/p\u003e \u003cp\u003eThe \"Number\" 36\u003c\/p\u003e \u003cp\u003eLet's Get Started—Becoming Your Own Financial Advisor 38\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 Click Your Way to Personal Wealth 41\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Three Es of Financial Planning 42\u003c\/p\u003e \u003cp\u003ePower Your Future: The Life Calculator Is Your Personal Financial Advisor 43\u003c\/p\u003e \u003cp\u003eHow to Start 47\u003c\/p\u003e \u003cp\u003eWhat the Life Calculator Will Show You 48\u003c\/p\u003e \u003cp\u003eIdentify Your Optimum Future 49\u003c\/p\u003e \u003cp\u003eLifeCalculator.Net 49\u003c\/p\u003e \u003cp\u003eTen Guiding Principles 51\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 Calculating Your Odds of Disaster and Preparing for Life Changes 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Dirty Dozen Adverse Events 55\u003c\/p\u003e \u003cp\u003eAdverse Events Planning 56\u003c\/p\u003e \u003cp\u003ePotential Windfalls 68\u003c\/p\u003e \u003cp\u003eYour Best-Case Scenario—Is It Enough? 69\u003c\/p\u003e \u003cp\u003eOptimum Strategies for Getting from Here to There 70\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 It's a Blur between Work and Play 73\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSay Hello to Phased Careers and\u003c\/p\u003e \u003cp\u003eDelayed Retirement 73\u003c\/p\u003e \u003cp\u003eWorking to 70 and Beyond 75\u003c\/p\u003e \u003cp\u003eTargeting Growth Industries 78\u003c\/p\u003e \u003cp\u003eWhat Industry Sectors Show Promising Job Growth? 80\u003c\/p\u003e \u003cp\u003eBenefit-Rich Industries 82\u003c\/p\u003e \u003cp\u003eFlexible Careers 84\u003c\/p\u003e \u003cp\u003eEnhancing Your Skills 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 Home Is More than the Place You Live 89\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eToo Much Housing—A Risky Bet? 89\u003c\/p\u003e \u003cp\u003eTiming the Market: Cashing Out at the Peak 92\u003c\/p\u003e \u003cp\u003eSometimes It Pays to Be a Renter in a Mobile Society 95\u003c\/p\u003e \u003cp\u003eNew Kind of Commune: This Time You Want to Belong 97\u003c\/p\u003e \u003cp\u003eAssisted Living: What's Likely to Happen? 99\u003c\/p\u003e \u003cp\u003eBringing Your Parents Home 101\u003c\/p\u003e \u003cp\u003eYour Home Can Stay in the Family 102\u003c\/p\u003e \u003cp\u003eBerlitz Crash Course: Retiring Abroad 105\u003c\/p\u003e \u003cp\u003eTax-Friendly States Beckon 107\u003c\/p\u003e \u003cp\u003eLiving Where You Want: Connecting to Where You Need to Be 109\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Insurance: Protecting Against Downside Exposure 111\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYou're on Your Own—Employers AWOL on Healthcare Insurance 111\u003c\/p\u003e \u003cp\u003eLong-term Care Insurance—The Best Investment You'll Make 116\u003c\/p\u003e \u003cp\u003eDisability Insurance—More Important than You Realize 121\u003c\/p\u003e \u003cp\u003eAnti-aging Science and Virtual Medicine 122\u003c\/p\u003e \u003cp\u003eLife Insurance You May Outlive—or Sell for Cash 123\u003c\/p\u003e \u003cp\u003eLongevity Insurance 126\u003c\/p\u003e \u003cp\u003eEstate Planning: Taking Care of Those You Care About 128\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Meet the Forties and the Fifties: Fearless and Fantastic Years 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eForties Decade: Child Rearing and Career Advancement 131\u003c\/p\u003e \u003cp\u003eForties Profiles 132\u003c\/p\u003e \u003cp\u003eFifties Decade: Maximum Earnings and Retirement Savings 144\u003c\/p\u003e \u003cp\u003eFifties Profiles 145\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Join the Sixties and Seventies: A Successful and Safe Life 155\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSixties Decade: Transitioning into a Second Career 155\u003c\/p\u003e \u003cp\u003eSixties Profiles 157\u003c\/p\u003e \u003cp\u003eSeventies Decade: A Time of Enjoyment 162\u003c\/p\u003e \u003cp\u003eSeventies Profiles 162\u003c\/p\u003e \u003cp\u003eEndnotes 171\u003c\/p\u003e \u003cp\u003eIndex 183\u003c\/p\u003e \u003cp\u003eKathleen Connell is currently President of the Connell Group, an investment advisory firm located in Washington, DC. She also teaches international finance and corporate goverance at the UC Berkeley Haas Graduate School of Business. Dr. Connell has twenty-five years of experience in the field of finance and served as a trustee for CalPERS and CalSTRS for eight years, which together comprise the largest pool of retirement assets in the world. She was recently honored by SmartMoney magazine as one of the thirty smartest people in investing.\u003c\/p\u003e   \u003cp\u003eThe dynamics of changing life events—divorce, sudden family expenses, uncovered healthcare costs, major disability, and investment losses, to name only a few—cannot always be anticipated. While you may have achieved years of high returns on an investment portfolio, failure to mitigate the unforeseen risks that occur over your lifetime can quickly offset any accumulation of investment gains. In Moving Up to Millions, former California State Controller and respected financial advisor Kathleen Connell offers four principles of financial success that, if mastered and executed on a continuing basis, will guide you to economic security.\u003c\/p\u003e \u003cp\u003eThe rules are deceptively simple: Own your future. Make time your ally. Reduce risk. Master change. To help accomplish this, Moving Up to Millions provides an invaluable interactive tool for predicting risks and offsetting them with pragmatic action strategies: the Life Calculator. Available on the author's web site (www.LifeCalculator.net) the Life Calculator is the only financial engine that incorporates both investment advice and personal \"What If\" scenario simulations on life events. It provides you with sophisticated financial advice while including the additional capability of calculating the impact of a range of future life scenarios on your retirement savings, potential second career plans, and investment opportunities.\u003c\/p\u003e \u003cp\u003eThe life profiles of ten hypothetical American families and individuals whose life experiences may mirror your own are recreated throughout the book to illustrate how the Life Calculator works. Using varied income, career, geography, lifestyle, and personal finances, the examples describe profiles for each of the decades from people in their 40s through 70s. By seeing the financial challenges they face and their responses to adverse events, you will be educated to various financial strategies that can be employed in your own life to mitigate negative events.\u003c\/p\u003e \u003cp\u003eWhether you have limited savings in the bank when you begin reading this book or have accumulated millions in investments, Connell's customized, sophisticated Life Calculator tools and strategies will increase your wealth and insure your financial future.\u003c\/p\u003e  \u003cp\u003ePraise for Moving Up to Millions\u003c\/p\u003e \u003cp\u003e\"A powerful tool for achieving financial success, offering the customized advice available only to the largest pension funds and wealthiest investors. A great buy!\"\u003cbr\u003e —Jack Ehnes CEO, California State Teachers' Retirement System (CalSTRS), and Board Chairman of the Council of Institutional Investors\u003c\/p\u003e \u003cp\u003e\"American families today—from the working poor to all but those at the highest economic levels—are uncertain about their ability to achieve the American Dream. Kathleen Connell provides essential, accessible tools to help working people achieve their goals in the complex maze of our twenty-first-century economy.\"\u003cbr\u003e —Andy Stern President, Service Employees International Union\u003c\/p\u003e \u003cp\u003e\"Connell has produced a web-based approach that will help families manage the events of life and the accumulation of lifetime wealth in a constructive and informed manner. The ease and completeness of the Connell Life Calculator algorithm is awesome... widely used, this software will eradicate financial illiteracy and, properly applied, will increase savings and the ability of people to assure their own future.\"\u003cbr\u003e —Al Osborne, PhD Senior Associate Dean, Associate Professor of Global Economics and Management, founder and Faculty Director, Harold Price Center for Entrepreneurial Studies, UCLA Anderson School of Management\u003c\/p\u003e \u003cp\u003e\"In this book, Kathleen provides us with sophisticated, tailor-made financial advice. She shows how to grow and maintain wealth and provides a path for comfortable retirement. Good stuff!\"\u003cbr\u003e —Larry ElderHost, The Larry Elder Show, KABC Talk Radio\u003c\/p\u003e \u003cp\u003e\"Moving Up to Millions is a how-to-survive text for all the financial risks of modern America. The web-based applications with which it is linked will allow millions of readers to plan systematically for their financial security.\"\u003cbr\u003e —Tom Campbell, PhDDean, UC Berkeley Haas School of Business\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989657501925,"sku":"NP9780470131817","price":29.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9780470131817.jpg?v=1761784986","url":"https:\/\/k12savings.com\/products\/moving-up-to-millions-isbn-9780470131817","provider":"K12savings","version":"1.0","type":"link"}