Financial Independence (Getting to Point X): An Advisor's Guide to Comprehensive Wealth Management - Hardcover

Vento, John J.

Hardcover

ISBN 10: 1118460219 ISBN 13: 9781118460214

Publisher: Wiley, 2013

Synopsis

Discover the ten key issues to achieving your financial goalsand how to use them to realize your dream of financialindependence

From saving to purchase a first car, to putting kids throughcollege to planning for retirement, to preserving your estate foryour loved ones, our financial goals change from one stage of lifeto the next. While those goals and the challenges we face inachieving them may differ, all of them have certain things incommon. Saving, budgeting, managing debt, minimizing taxes andliving within your means. These are a few of the 10 Key WealthManagement Issues which come into play (to varying degrees) whenworking toward specific financial goals. But there's one goal forwhich success relies on all ten keys coming together in perfectharmony: financial independence, also known as "Point X." No matterhow you define it—whether it's a retirement income of $25,000a year, or an estate worth $250 million—your future financialindependence requires that you deal effectively with all ten keyissues. And now this book shows you how to get it done, along withthe guidance of a trusted advisor.

• Supplies you with a complete roadmap for arriving at "Point X,"financial independence with key milestones and important twists andturns clearly defined
• Identifies the 10 key wealth management issues and offerspriceless advice and guidance on negotiating each on your road tofinancial independence
• Provides you with both success and failure stories so you canlearn from others' real life experiences
• Provides you with tax planning facts and strategies within thewealth management issues that will show you how to minimize yourmost significant expense and at the same time maximize your savingson the road to your "Point X"

About this title

From the Inside Flap

From saving for a first car to putting kids through college toplanning for retirement and preserving an estate for loved ones, aperson's financial goals change from one stage of life to the next.While those goals and the challenges faced in achieving them maydiffer, all of them have certain things in common. Saving,budgeting, managing debt, taxes, and living within one'smeans—these are some of the Ten Key Wealth Management Issuesthat come into play, to varying degrees, when working towardspecific financial goals.

But as top New York City wealth manager and financial advisorJohn Vento clearly shows in this one-of-a-kind guide, there is onegoal for success that relies on all Ten Keys coming together inperfect harmony: financial independence, or what he calls "PointX."

Why "Point X"? Because, as everybody knows, "X" always marks thespot on old treasure maps where the treasure is buried. Andbecause, as John explains, each of us, regardless of our stage inlife or income level, has our own buried treasure—ourpotential for achieving the financial independence we want anddeserve.

In Financial Independence: Getting to Point X, Johnsupplies you with the knowledge and tools you need to find your ownPoint X and unlock your potential for financialindependence—no matter if you define financial independence asa guaranteed retirement income of $25,000 a year, or an estateworth $250 million.

Packed with need-to-know facts and proven financial planning,investment, and tax strategies, along with valuable checklists,sample financial plans, financial self-evaluations, and othervaluable tools, Financial Independence: Getting to PointX:

• Supplies you with a complete road map for arriving at Point X,with key milestones and all the important twists and turns alongthe way clearly defined
• Identifies the Ten Key Wealth Management Issues and offerspriceless advice and guidance on negotiating each on the road tofinancial independence
• Explains how the Ten Key Issues are interrelated and why theway you deal with any one can have a big impact on how you'll haveto deal with the others
• Features fascinating, real-life stories of success and failurethat offer an opportunity to learn from the experiences of othersof all walks of life and tax brackets
• Delivers tax planning facts and strategies that demonstrate howto minimize your number-one most significant, ongoing expense,while maximizing savings

Written by an expert with decades of experience helping peopleof all walks of life realize their dreams of financialindependence, this book arms you with the knowledge and tools youneed to get to your Point X—the point at which you no longerhave to work for your money but where your money works for you.

From the Back Cover

Praise for Financial Independence

"A clear, concise, step-by-step approach to developing afinancial life plan, Financial Independence: Getting to PointX provides readers with practical action steps to make progressin addressing their goals. The book not only provides a road map,but also includes real examples of how to implement the strategiesbased upon your situation. A must-read for everyone who wants toeducate themselves with a practical approach to identifying andpursuing their goals."
—Roger Ochs, President and CEO, H.D. Vest FinancialServices

"A critical read dealing with one of the most dangerous threatsto our nation and its citizens—financial literacy. No matterwhere you are in your financial life, you will find this bookcontains advice and wisdom that is timeless."
—Sarano Kelley, founder, The Kelley Group

"The book is an excellent resource for anybody, whether justentering the business world or you need an explanation that isunderstandable. The case studies are informative and reallysummarize the chapters. I know that I will recommend it to mystudents in my practice management program."
—Dr. Eric S. Studley, Associate Clinical Professor,G.P. Director, Director of Practice Management, Director ofErgonomics, New York University College of Dentistry

"Financial Independence is simply a must-read! John Ventohas done a marvelous job in providing the necessary up-to-datetools needed by all Americans of all ages in fulfilling theirdreams. This book is written in simple language and offersdefinitions, anecdotes, tips, guidance, and solutions tolife-cycle's financial issues and concerns. Bravo John!"
—Mary L. Lo Re, PhD, Chairperson, Department ofBusiness Administration, Professor of Finance, and PericleanLeader, Wagner College

"John Vento has done a terrific job in providing practicalinsights and sound advice about the pathways to achieve financialindependence. This book should be on the 'must-read' list foranyone seeking insight into comprehensive wealth management inthese difficult economic times. I applaud him for his thoughtfulapproach to the subject."
—Dean L. Balsamini Sr., Director, Small BusinessDevelopment Center, College of Staten Island

Edition details

• Publisher: Wiley
• Publication date: 2013
• ISBN 10: 1118460219
• ISBN 13: 9781118460214
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 384