Financial Freedom Report

An Eye-Opening Financial Freedom Report

In order to gain true financial freedom you need to read through quite a bit of fluff. One of the best sources of financial freedom is the report displayed on CNN Money.com.

This financial freedom report is called "Boomer's Guide to Financial Freedom. It outlines safe and smart ways to help you plan for retirement.

Janice Revell is one contributor of this composite financial freedom report. In her article she explains five key trends that can affect the financial future of the baby boomer generation.

One of those five trend shifts involves the cooling off of investment returns. ....Another economic shift will occur abroad-fastest growth and largest gains.

A third change includes the raise in taxes, and a fourth change will result in job instability. The fifth change will occur in retirement plans-the need to diversify investments will be commonplace.

Penelope Wang has also contributed to the Baby Boomer's Guide to Financial Freedom. She wrote "A Midlife Money Checkup" to help 50 year old investors plan for retirement.

The "Midlife Money Checkup" prompts readers to think about specific questions related to their financial future. For instance, the article asks whether not you are saving for retirement or whether or not your stock portfolio is diversified.

Investors, especially at age 50, are also challenged to make sure their investments are in the right accounts. For instance, you have the option of putting your money into tax-deferred accounts versus taxable accounts.

The fourth question asked by Penelope Wang in her "Money Checkup" is whether or not you have taken on too much debt. If your debt load is still high do whatever you can to slash those balances due asap.

You are also advised by Wang to make sure your estate plan is in order. Furthermore, you will need to consider finding out if you are expecting an inheritance.

In addition, you are advised to make sure you have enough insurance and whether you want to make a career change (what you want to do next). Furthermore, you are advised to make sure your physical health is examined, as it can have an affect on your financial situation.

Another section of this CNN Baby Boomer's financial freedom report was written by Patricia B. Gray. This article helps aging people deal with the inevitability of getting older. Physical fitness is often an issue that affects the finances of mature people.

Another article which is part of this CNN "Baby Boomer's Guide" was written by Marlys Harris. It is about deciding how much financial assistance you should offer your children. This article advises mature parents to "cut the financial cord" at some point.

Additional financial freedom reports are included in the "Baby Boomer's Guide to Financial Freedom". This provides a continual financial freedom report.

Additional topics in the Baby Boomer's series include determining how much money you need for retirement. Another article helps you decide at which age you can retire, and another article helps baby boomers realize their dreams. This is not as hard as it may seem and can really help those achieve their goals.


To find the best home based business ideas and
opportunities so you can work at home visit:
http://www.TrubysHomeBiz.com

Recommended Site: Check This Out