Book Description

With more than 135,000 copies sold in previous editions, Personal Financial Planning has become one of today's top answer books for people who want to know what to do with their money, and why.

This streamlined seventh edition provides in-depth coverage and analysis of the latest tax law changes. In addition, it features an entirely new chapter on planning and paying for education expenses, including the new 529 plans; ramifications of the GST estate tax repeal; new checklists and questions to tie up each chapter; and more.


Download Description
"With more than 135,000 copies sold in previous editions, Personal Financial Planning has become one of today's top answer books for people who want to know what to do with their money, and why. This streamlined seventh edition provides in-depth coverage and analysis of the latest tax law changes. In addition, it features an entirely new chapter on planning and paying for education expenses, including the new 529 plans; ramifications of the GST estate tax repeal; new checklists and questions to tie up each chapter; and more. "


Book Info
Text provides a financial planning resource for private individuals and professional money managers. Revised and updated for today's fast-moving online world. Previous edition: c2000.


From the Back Cover

Time-Proven Strategies for Getting the Most from Stocks, Bonds, Mutual Funds, Retirement Plans, Insurance, Stock Options, Estate Planning, and More

Personal Financial Planning has long been regarded as the financial planning resource for private individuals and professional money managers. Today, the array of financial products and strategies available to individuals and families--mutual funds, employee stock plans, IRAs, estate and wealth conservation techniques, newer forms of life insurance, annuities--has made informed, decisive financial planning more essential than ever.

Personal Financial Planning, Seventh Edition, contains the information you need to understand each of today's key financial planning issues and questions. Substantially revised and updated for today's fast-moving, online world, its examples, planning tips, charts, graphs, and case studies will help you assemble the ideal mix of investments, insurance, retirement plans, trusts, and other products to build and protect your--and your family's--long-term financial future.

A savings account in the local bank may have worked for your grandparents, but you'll need much more than that to ensure yourself and your family a solid, comfortable financial future. Personal Financial Planning will help you confront the numerous financial choices open to you--and show you where to put your money now for a comfortable and financially secure future.

Over the past quarter century, the six previous editions of Personal Financial Planning have helped more than 135,000 individuals invest and protect their hard-earned income and savings. Through economic recessions, stock market booms and busts, presidential administrations, social upheavals, and technological revolutions, authors and respected personal finance authorities Victor Hallman and Jerry Rosenbloom have continued to update this classic, ensuring accurate and up-to-date guidance for Americans looking to invest their money, insure their families, plan for their estates and retirement, and thus strengthen their futures.

Now, with Personal Financial Planning, Seventh Edition, Hallman and Rosenbloom provide vital new material to reflect the latest trends in financial planning. Issues that didn't exist three years ago but now take center stage are introduced and thoroughly explained. In addition, they revisit and expand the extensive coverage that has made theirs the benchmark reference against which all other financial planning books are measured.

New to this substantially restructured and revised edition are in-depth explanations of the 2001 tax law, explanations of changes in IRS minimum distribution rules, planning guidelines for the repeal of the GST estate tax, descriptions of the new 529 education plans, and more. In addition, this invaluable book provides the latest financial thinking and proven high return/low risk strategies in virtually every applicable area, including Index funds Asset allocation Value investing Dollar-cost averaging Fixed-income investing Profit-sharing plans Stock bonus plans 401(k) plans SEPs Roth and other IRAs Annuities Estate planning Gift taxes Estate taxes Generation-skipping transfer taxes Trusts Social Security Long-term care plans Income and capital gains tax planning Health insurance plans including HMOs Variable life insurance policies Real estate investing Personal risk management

With its all-encompassing treatment of family financial matters and easy-to-reference layout, Personal Financial Planning, Seventh Edition, will pay for itself time and again. Authoritative, comprehensive, and up to the minute, it is an irreplaceable source of information for anyone concerned with building wealth in today's no-guarantee financial environment.


About the Author

G. Victor Hallman is a lecturer in estate and financial planning at the Wharton School.

Jerry S. Rosenbloom is a professor of insurance and risk management at the Wharton School.

FROM THE PUBLISHER

Over the past quarter century, the six previous editions of Personal Financial Planning have helped more than 135,000 individuals invest and protect their hard-earned income and savings. Through economic recessions, stock market booms and busts, presidential administrations, social upheavals, and technological revolutions, authors and respected personal finance authorities Victor Hallman and Jerry Rosenbloom have continued to update this classic, ensuring accurate and up-to-date guidance for Americans looking to invest their money, protect their families, plan for their estates and retirement, and thus strengthen their futures. Now, with Personal Financial Planning, Seventh Edition, Hallman and Rosenbloom provide vital new material to reflect the latest trends in financial planning. Issues that didn't exist three years ago but now take center stage are introduced and thoroughly explained. In addition, the authors revisit and expand the extensive coverage that has made this book the benchmark reference against which all other financial planning books are measured. New to this substantially restructured and revised edition are in-depth explanations of the 2001 tax law, explanations of changes in IRS minimum distribution rules, planning guidelines for the repeal of the GST estate tax, descriptions of the new 529 education plans, and more. With its all-encompassing treatment of family financial matters and an easy-to-reference layout, Personal Financial Planning, Seventh Edition, will pay for itself time and again. Authoritative, comprehensive, and up to the minute, it is an irreplaceable source of information for anyone concerned with building wealth in today's noguarantee financial environment.

SYNOPSIS

Time-Proven Strategies for Getting the Most from Stocks, Bonds, Mutual Funds, Retirement Plans, Insurance, Stock Options, Estate Planning, and More

Personal Financial Planning has long been regarded as the financial planning resource for private individuals and professional money managers. Today, the array of financial products and strategies available to individuals and families—mutual funds, employee stock plans, IRAs, estate and wealth conservation techniques, newer forms of life insurance, annuities—has made informed, decisive financial planning more essential than ever.

Personal Financial Planning, Seventh Edition, contains the information you need to understand each of today's key financial planning issues and questions. Substantially revised and updated for today's fast-moving, online world, its examples, planning tips, charts, graphs, and case studies will help you assemble the ideal mix of investments, insurance, retirement plans, trusts, and other products to build and protect your—and your family's—long-term financial future.

A savings account in the local bank may have worked for your grandparents, but you'll need much more than that to ensure yourself and your family a solid, comfortable financial future. Personal Financial Planning will help you confront the numerous financial choices open to you—and show you where to put your money now for a comfortable and financially secure future.

Over the past quarter century, the six previous editions of Personal Financial Planning have helped more than 135,000 individuals invest and protect their hard-earned income and savings. Through economic recessions, stock market booms and busts, presidential administrations, social upheavals, and technological revolutions, authors and respected personal finance authorities Victor Hallman and Jerry Rosenbloom have continued to update this classic, ensuring accurate and up-to-date guidance for Americans looking to invest their money, insure their families, plan for their estates and retirement, and thus strengthen their futures.

Now, with Personal Financial Planning, Seventh Edition, Hallman and Rosenbloom provide vital new material to reflect the latest trends in financial planning. Issues that didn't exist three years ago but now take center stage are introduced and thoroughly explained. In addition, they revisit and expand the extensive coverage that has made theirs the benchmark reference against which all other financial planning books are measured.

New to this substantially restructured and revised edition are in-depth explanations of the 2001 tax law, explanations of changes in IRS minimum distribution rules, planning guidelines for the repeal of the GST estate tax, descriptions of the new 529 education plans, and more. In addition, this invaluable book provides the latest financial thinking and proven high return/low risk strategies in virtually every applicable area, including Index funds Asset allocation Value investing Dollar-cost averaging Fixed-income investing Profit-sharing plans Stock bonus plans 401(k) plans SEPs Roth and other IRAs Annuities Estate planning Gift taxes Estate taxes Generation-skipping transfer taxes Trusts Social Security Long-term care plans Income and capital gains tax planning Health insurance plans including HMOs Variable life insurance policies Real estate investing Personal risk management