Cover image for Ernst & Young's personal financial planning guide : take control of your future and unlock the door to financial security
Ernst & Young's personal financial planning guide : take control of your future and unlock the door to financial security
Garner, Robert J.
Third edition.
Publication Information:
New York : John Wiley, [2000]

Physical Description:
x, 532 pages : illustrations ; 24 cm
General Note:
Includes index.
Added Author:
Added Corporate Author:
Format :


Call Number
Material Type
Home Location
Item Holds
HG179 .E7 2000 Adult Non-Fiction Open Shelf

On Order



Begin Planning Now for a Lifetime of Financial Security! Drawing on the incomparable experience of Ernst & Young LLP, the renowned leaders in financial planning, the new Ernst & Young's Personal Financial Planning Guide, Third Edition, remains the most comprehensive and trusted source of information for taking charge of your finances and planning for a secure financial future. This practical Guide contains all the tips and investment strategies you need to make sound financial decisions. It gives you the tools to size up your situation, determine your needs, and design a plan to meet your lifetime financial goals. The Guide gives you the benefit of two books in one: Part One explains the fundamentals, showing you step by step how to set goals, build wealth, manage your finances realistically, provide for your family through estate and investment planning, and protect your assets against unforeseen events. Part Two takes a unique planning approach, focusing on significant "life events" as they affect your finances. This allows you to work on the topics that are most important to you, with specific strategies you can use for different life situations, including:Getting married * Saving for your children's education * Buying or selling a home Dealing with aging parents * Starting a business * Planning for your retirement Plus, this updated edition covers the changes to the tax laws that affect: Long-term capital gains * Charitable donors * Individual Retirement Accounts College savings * Self-employed individuals * Home ownership

Author Notes

ERNST & YOUNG LLP's personal financial counseling practice specializes in tailoring financial strategies for people at all income levels. The firm is the author of the bestselling Ernst & Young Tax Guide, The Ernst & Young Tax Saver's Guide, and a wide array of books on business and financial management. Visit their website at, and stop by the Ernst & Young Tax & Financial Planning Corner at

Table of Contents

Acknowledgmentsp. vii
About the Authorsp. ix
Introductionp. I
Part I The Fundamentals of Financial Planningp. 7
1 Taking Charge of the Financial Planning Processp. 9
2 Building Wealth to Meet Your Goalsp. 39
3 Building Wealth Through Investment Planning: Set your financial goals; Understand investment vehiclesp. 55
4 Building Wealth Through Investment Planning: Understand financial markets and concepts; Develop an investment strategyp. 79
5 Building Wealth Through Investment Planning: Implement your strategy; Monitor your investmentsp. 95
6 Building Wealth (Concluded)p. 105
7 Protecting Your Family and Assets Through Life Insurancep. 123
8 Protecting Your Family and Assets Through Health, Disability, Property/Casualty, and Auto Insurancep. 145
9 Providing for Your Family Through Estate Planningp. 163
10 Estate Taxes and Deductionsp. 175
11 Gift Tax Fundamentals and Generation-Skipping Transfer Taxp. 193
12 Sophisticated Asset Planning Techniquesp. 205
13 Estate Liquidity, Powers of Attorney, and Living Willsp. 219
Part II The Life Event Approach to Financial Planningp. 231
14 Getting Marriedp. 233
15 Raising a Familyp. 263
16 Coping With Divorcep. 287
17 Being a Single Parentp. 311
18 Buying and Selling a Homep. 323
19 Funding a College Educationp. 349
20 Taking Advantage of Employment Benefitsp. 375
21 Starting Your Own Businessp. 389
22 Dealing With Your Parentsp. 425
23 Losing Your Spouse or Life Partnerp. 447
24 Planning for Retirementp. 471
25 Planning for Retirement: Health Care and Insurance Needsp. 493
26 A Few Words in Partingp. 523
Indexp. 527