Plan Your Prosperity: The Only Retirement Plan You'll Ever Need Starting Now--Whether You're 22, 52

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Plan Your Prosperity: The Only Retirement Plan You'll Ever Need Starting Now--Whether You're 22, 52 or 82

Best-selling author Ken Fisher releases ninth book focused on retirement planning principles and how to avoid common pitfalls that derail investors


HOBOKEN, N.J.--(BUSINESS WIRE)-- Ken Fisher, four-time New York Times best-selling author, 28-year Forbes columnist and Fisher Investments Founder and CEO, publishes his ninth book, co-authored with Lara Hoffmans: Plan Your Prosperity: The Only Retirement Plan You'll Ever Need Starting Now—Whether You're 22,52 or 82 (Wiley/Fisher Investments Press; November 2012; Hardcover and eBook).

Think you're too young to start thinking about retirement? Or that "retirement" investing is different from "normal" investing? Think again.

Whether you're in retirement, just getting ready to retire now or in 5, 10 or 40 years, this book arms you with information, expert guidance and tools to help you invest smarter your whole life and, yes, plan better for retirement. Bestselling finance author Ken Fisher explains why, for all practical purposes and for most investors, all investing should be done with an eye toward retirement—and beyond.

Harmful mythology abounds about retirement investing. Like the adage you should take 100 (or 120) and subtract your age to get your equity allocation and put the rest in bonds or cash. Or you should focus your portfolio on only high-dividend paying stocks. Or buy equity-indexed annuities or some "guaranteed" income product. All are examples of potentially harmful myths many individual investors believe to be smart, strategic moves—myths Ken deftly refutes in Plan Your Prosperity.

In their place, Ken provides straightforward principles to help you increase the odds you achieve your long-term investing goals, such as:

  • Thinking correctly about investing time horizon

  • The difference between income and cash flow

  • Assessing your cash flow needs and if your portfolio can provide it

  • Calculating how much to save each year to achieve retirement goals

  • What pitfalls to avoid

Unlike other retirement planning books, Plan Your Prosperity supplies you with a firm foundation in sound investment and retirement planning principles. It gives you a framework for better understanding your financial needs, setting your financial goals and creating a workable plan for your lifelong prosperity.

KEN FISHER is best known for his prestigious "Portfolio Strategy" column in Forbes magazine, where his over 28-year tenure of high-profile calls makes him the fourth longest-running columnist in Forbes's 90-plus-year history. He is the founder, Chairman and CEO of Fisher Investments, an independent global money management firm managing tens of billions for individuals and institutions globally. Fisher is ranked #263 on the 2011 Forbes 400 list of richest Americans and #764 on the 2012 Forbes Global Billionaire list. In 2010, Investment Advisor magazine named him among the 30 most influential individuals of the last three decades. Fisher has authored numerous professional and scholarly articles, including the award-winning "Cognitive Biases in Market Forecasting." He has also published eight previous books, including national bestsellers The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do), all published by Wiley. Fisher has been published, interviewed and/or written about in many major American, British and German finance or business periodicals. He has a weekly column in Focus Money, Germany's leading weekly finance and business magazine.

LARA HOFFMANS is Vice President of Content at Fisher Investments, managing editor of MarketMinder.com, a regular contributor to Forbes.com and coauthor of the national bestsellers, The Only Three Questions That Count, The Ten Roads to Riches, How to Smell a Rat, Debunkery and Markets Never Forget (But People Do).

About Fisher Investments

Founded in 1979, Fisher Investments is an independent, privately-owned money management firm with tens of billions under management. Fisher Investments maintains two principal business units, Fisher Investments Institutional Group and Fisher Investments Private Client Group, which serve a global client base of diverse investors including over 100 large institutions and over 25,000 high net worth individuals. Founder and CEO Ken Fisher has written the Forbes "Portfolio Strategy" column for 28 years, has written 9 books on investing and personal finance (4 of which are New York Times bestsellers), and in 2010 was named by Investment Advisor magazine as one of the 30 most influential industry individuals in the last 30 years (Thirty for Thirty, May 2010).

Plan Your Prosperity
By Ken Fisher
Wiley/Fisher Investments Press; November 2012
Hardcover ISBN: 9781118431061
Also Available in eBook formats

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