{"product_id":"the-ultimate-financial-plan-isbn-9781118073537","title":"The Ultimate Financial Plan","description":"\u003cb\u003eHow to build a financial plan that really blends into your life\u003c\/b\u003e  \u003cp\u003eThe latest volume in the bestselling \u003ci\u003eUltimate\u003c\/i\u003e series, Jim Stovall and Tim Maurer's \u003ci\u003eThe Ultimate Financial Plan: Balancing Your Money and Life\u003c\/i\u003e is a one-stop, comprehensive, personal financial planning book exploring the intersection of money and life. \u003ci\u003eThe Ultimate Financial Plan\u003c\/i\u003e examines the connection between actions, thoughts, and feelings when it comes to all things financial. The key to getting the most out of your wealth, the authors argue, is certainly found in the wise utilization of tools, like budgets, bank accounts, 401(k)s, IRAs, Roth IRAs, education savings plans, and real estate, as well as home, auto, business, health, disability, and long term care insurance, but even more so in the contentment found in balancing money's influence in our lives with personal values and goals.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eAn insider's look into the recently humbled \"Big 3\"—the banks, brokerage firms, and insurance companies—and the inner workings that often set their proprietary goals and objectives above all\u003c\/li\u003e \u003cli\u003eA critical examination of the role of various financial sales people, advisors, planners, and consultants\u003c\/li\u003e \u003cli\u003eA guide to navigating Economic Bias—a conflict of interest involving money—and how it affects every financial decision we make\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003e\u003ci\u003eThe Ultimate Financial Plan\u003c\/i\u003e is the application of the resources at your disposal for the purpose of living your life to the fullest, and this book will show you the quickest route to getting started on the path to ultimate success.\u003c\/p\u003e  \u003cb\u003eForeword xi\u003c\/b\u003e  \u003cp\u003e\u003cb\u003ePreface xv\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAcknowledgments xix\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction xxi\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 The Gift of Money: Money 101 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Value of Money 3\u003c\/p\u003e \u003cp\u003eMoney Beliefs 4\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 The Gift of Purpose: Personal Principles and Goals 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePersonal Principles 7\u003c\/p\u003e \u003cp\u003eGoals 10\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 The Gift of Discipline: Household Cash Flow 17\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePersonal Financial Statements 17\u003c\/p\u003e \u003cp\u003eFinancial Crises 25\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Gift of Enough: Debt and Financial Freedom 27\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinancial Freedom 28\u003c\/p\u003e \u003cp\u003eThe Danger of Discontent 29\u003c\/p\u003e \u003cp\u003eEmergency Reserves 32\u003c\/p\u003e \u003cp\u003eBad Debt 35\u003c\/p\u003e \u003cp\u003eBetter Debt 39\u003c\/p\u003e \u003cp\u003eEconomics and Emotions 41\u003c\/p\u003e \u003cp\u003eThe Cure for More 43\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 The Gift of Discernment: Risk Management Decisions 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Accident 47\u003c\/p\u003e \u003cp\u003eRisk Management Techniques 48\u003c\/p\u003e \u003cp\u003eHow Insurance Works 50\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The Gift of Security: Life Insurance 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eLife Insurance: Why? 55\u003c\/p\u003e \u003cp\u003eLife Insurance Needs 59\u003c\/p\u003e \u003cp\u003eLife Insurance: How? 62\u003c\/p\u003e \u003cp\u003eLife Insurance Wants 67\u003c\/p\u003e \u003cp\u003eDifferent Types of Life Insurance 70\u003c\/p\u003e \u003cp\u003ePurchasing Life Insurance 73\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 The Gift of Certainty: Auto, Home, and Liability Insurance 77\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAuto Insurance 79\u003c\/p\u003e \u003cp\u003eHomeowner’s Insurance 82\u003c\/p\u003e \u003cp\u003eExcess Liability (Umbrella) Insurance 84\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 The Gift of Health: Health, Disability Income, and Long-Term Care Insurance 87\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHealth Insurance 89\u003c\/p\u003e \u003cp\u003eTypes of Plans 89\u003c\/p\u003e \u003cp\u003eHSAs and FSAs 90\u003c\/p\u003e \u003cp\u003eRecent Health Insurance Changes 93\u003c\/p\u003e \u003cp\u003eDisability Income Insurance 95\u003c\/p\u003e \u003cp\u003eDI Moving Pieces 96\u003c\/p\u003e \u003cp\u003eSocial Security, Medicaid, and Medicare 99\u003c\/p\u003e \u003cp\u003eLong-Term Care Insurance 100\u003c\/p\u003e \u003cp\u003eLTC Moving Pieces 101\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 The Gift of Clarity: Investing and Portfolio Management 107\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStocks and Bonds 109\u003c\/p\u003e \u003cp\u003eAll Things Considered Equal? 111\u003c\/p\u003e \u003cp\u003eMutual Funds 112\u003c\/p\u003e \u003cp\u003eEconomic Analysis 115\u003c\/p\u003e \u003cp\u003eMarket Valuation Analysis 117\u003c\/p\u003e \u003cp\u003eTechnical Market Analysis 118\u003c\/p\u003e \u003cp\u003eEfficient or Not? 119\u003c\/p\u003e \u003cp\u003ePassive versus Active 119\u003c\/p\u003e \u003cp\u003eInvesting with “Style” 121\u003c\/p\u003e \u003cp\u003eRelative Return versus Absolute Return 123\u003c\/p\u003e \u003cp\u003eIndex Huggers, Return Chasers, and Risk Managers 126\u003c\/p\u003e \u003cp\u003eDecisions, Decisions 128\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 The Gift of Transparency: Annuities 131\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImmediate Annuities 134\u003c\/p\u003e \u003cp\u003eFixed Annuities 136\u003c\/p\u003e \u003cp\u003eVariable Annuities 137\u003c\/p\u003e \u003cp\u003eEquity Indexed Annuities 140\u003c\/p\u003e \u003cp\u003eAnnuity Disadvantages 141\u003c\/p\u003e \u003cp\u003eAnnuity Advantages 143\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 The Gift of Preparation: Tax Planning 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTax Myths 150\u003c\/p\u003e \u003cp\u003eTax Rules 155\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 The Gift of Learning: Education Planning 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFamily Education Policy 162\u003c\/p\u003e \u003cp\u003eHaving The Talk (no, not that talk) 166\u003c\/p\u003e \u003cp\u003eEducation Savings Plan 169\u003c\/p\u003e \u003cp\u003eThe 50 Percent Rule 172\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 The Gift of Fulfillment: Retirement Planning 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRetirement Past 179\u003c\/p\u003e \u003cp\u003eRetirement Present 180\u003c\/p\u003e \u003cp\u003eRetirement Future 180\u003c\/p\u003e \u003cp\u003eEmployer-Sponsored Retirement Plans 181\u003c\/p\u003e \u003cp\u003e401k Rollovers 182\u003c\/p\u003e \u003cp\u003eTraditional IRAs 184\u003c\/p\u003e \u003cp\u003eRoth IRAs 185\u003c\/p\u003e \u003cp\u003eTraditional versus Roth 186\u003c\/p\u003e \u003cp\u003eRoth IRA Conversions 187\u003c\/p\u003e \u003cp\u003eFulfillment Planning 189\u003c\/p\u003e \u003cp\u003eRetirement Makeover 193\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 The Ultimate Gift: Estate Planning 197\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWills 200\u003c\/p\u003e \u003cp\u003eDurable Powers of Attorney 205\u003c\/p\u003e \u003cp\u003eAdvance Directives 206\u003c\/p\u003e \u003cp\u003eBeneficiary Designations 208\u003c\/p\u003e \u003cp\u003eProbate 212\u003c\/p\u003e \u003cp\u003eEstate Tax 214\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 The Gift of Discretion: Choosing a Financial Advisor 217\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\"The Big Three\" 222\u003c\/p\u003e \u003cp\u003eFinancial Planner Compensation 224\u003c\/p\u003e \u003cp\u003eFinding a Professional Planner 228\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 The Gift of Action: Your Plan for Money and Life 233\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFundamental and Practical Change 234\u003c\/p\u003e \u003cp\u003eReprise 235\u003c\/p\u003e \u003cp\u003eStay Connected 238\u003c\/p\u003e \u003cp\u003e\u003cb\u003eNotes 241\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAbout the Web Site 245\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAbout the Authors 247\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex 249\u003c\/b\u003e\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eJim Stovall\u003c\/b\u003e is among today's most sought-after motivational speakers. The author of fifteen books, including the bestselling \u003ci\u003eThe Ultimate Gift\u003c\/i\u003e and \u003ci\u003eThe Ultimate Life\u003c\/i\u003e, both of which have been made into major motion pictures by 20th Century Fox, he has been a champion Olympic weightlifter, a successful investment broker, and an entrepreneur. He is the cofounder and President of the Emmy Award–winning Narrative Television Network, which makes movies and television accessible for America's thirteen million blind and visually impaired people and their families. In June 2000, Stovall was selected as the International Humanitarian of the Year. \u003c\/p\u003e\u003cp\u003e\u003cb\u003eTim Maurer\u003c\/b\u003e is a financial planner, educator, and blogger. He is Vice President of the Financial Consulate, a Fee-Only\u003csup\u003e®\u003c\/sup\u003e financial management firm in Hunt Valley, Maryland. He teaches financial planning at his alma mater, Towson University, and educates through his blog, TimMaurer.com. Maurer has been a frequent guest on CNBC and featured on ABC's \u003ci\u003eNightline\u003c\/i\u003e. The co-host of Money, Riches \u0026amp; Wealth, a weekly Baltimore radio show, he has contributed to the \u003ci\u003eWall Street Journal\u003c\/i\u003e, the \u003ci\u003eNew York Times\u003c\/i\u003e, the \u003ci\u003eWashington Post\u003c\/i\u003e, and \u003ci\u003eMoney\u003c\/i\u003e magazine, among other leading publications.      \u003c\/p\u003e\u003cp\u003e\u003ci\u003eThe\u003c\/i\u003e \u003cb\u003eUltimate Financial Plan\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eFrom Jim Stovall, author of the bestselling \u003ci\u003eThe Ultimate Gift\u003c\/i\u003e and \u003ci\u003eThe Ultimate Life\u003c\/i\u003e, and financial planning expert, Tim Maurer, comes the latest volume in the acclaimed \u003ci\u003eUltimate\u003c\/i\u003e series. \u003c\/p\u003e\u003cp\u003eLike its predecessors, \u003ci\u003eThe Ultimate Financial Plan: Balancing Your Money and Life\u003c\/i\u003e is sure to have a significant impact on the way we think about money. Examining the connection between actions, thoughts, and feelings when it comes to all things financial, the book makes a revolutionary argument: that the key to getting the most out of personal wealth comes from the contentment found in balancing the influence of money in our lives with personal values and goals. \u003c\/p\u003e\u003cp\u003eFinancial tools—like budgets, bank accounts, 401(k)s, IRAs, education savings plans, and real estate—can play a major role in helping us generate the money we want, but real value comes from investments in our knowledge and understanding, which lead to purpose-filled careers, sleep-at-night security, artistic endeavors, creative philanthropy, fulfilled retirements, and meaningful legacies. \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eThe Ultimate Financial Plan\u003c\/i\u003e, Jim Stovall uncovers the Timeless Truths of personal finance while Tim Maurer directs you through Timely Applications, making this book an invaluable investment in your future.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47990359425253,"sku":"NP9781118073537","price":27.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118073537.jpg?v=1761787504","url":"https:\/\/k12savings.com\/products\/the-ultimate-financial-plan-isbn-9781118073537","provider":"K12savings","version":"1.0","type":"link"}