Please! Don’T Make Your Retirement Complicated!: The Transformation Process!

By Leroy Hayes Jr.

If you can save 10 % of your earnings on a consistent basis and the proper planning is afforded by you, your financial success will be accomplished nine times out of ten. Dont you love those odds? That retirement of yours will be secure.

Do you like success based on your own accomplishments and lifestyle? Then follow my book to success, and please dont worry about the Joneses, because you may be derailed from your own success!

• Language: English
• Publisher: Xlibris US
• Release date: Nov 17, 2015
• ISBN: 9781514422656

Leroy Hayes Jr.

I have put together a realistic approach to retirement planning, using real people (per the clients agreements) and detailing the actual strategies used to successfully secure each with a very strong financial nest egg.

Book preview

Copyright © 2015 by Leroy Hayes Jr.

Library of Congress Control Number:   2015918135

ISBN:           Hardcover             978-1-5144-2267-0

                       Softcover              978-1-5144-2266-3

                      eBook                    978-1-5144-2265-6

All rights reserved. No part of this book may be reproduced or transmitted

in any form or by any means, electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system,

without permission in writing from the copyright owner.

Any people depicted in stock imagery provided by Thinkstock are models,

and such images are being used for illustrative purposes only.

Certain stock imagery © Thinkstock.

Rev. date: 07/09/2018

Xlibris

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Contents

Starting the Accumulation Period for One’s Retirement (Planning: Goals and Objectives)

Goals and Objectives Toward your Retirement

Plan for your Retirement early and at the same time protect your already existing important assets:

How Important Is One’s Credit?

Ownership Goals and Objectives

Questions To Test Your Financial Literacy

Budgeting Is a Key Element

Budgeting Mistakes

The Cost of Postponing One’s Investing

How to Calculate One’s Retirement Needs Based on Income

Equating Retirement Planning with the game of Baseball:

The Female’s Plight

Life Expectancy

Common Failures in Personal Financial Planning

Understanding and Planning for Automobile and Homeowners’ Insurance Coverages:

Homeowners’ Insurance Components

Protecting One’s Assets is a Very Important Thing To Do:

IRS Tax Bracket

Protections for One’s Retirement

Risk Assessment

Risk Tolerance

Rules on Assets Allocation

Asset Allocation in the Simplest Form

Investment Strategies and Real Returns

Client Perspectives On Their Advisor

Generations Chart

Retirement Chart

What Inflation Can Do?

Questions Before Retirement

Quick Summary of Most Important Points

Conclusion

My main goals have always been the following

Sources Used in Writing This Book

THIS BOOK IS DEDICATED TO PROFESSOR WILLIAM THOMAS JR.

Brother William Thomas Jr. was the man—of great distinction, not because of the colleges and universities from which he graduated, but because he was the ultimate person in providing an example of how one should carry him- or herself, giving to others, always finding time to give positive advice, and being flat out one of the best (not widely known) accomplished Americans I have met in my lifetime.

Professor Thomas graduated from Weber State and Oxford University and taught economics at Fisk University. He was the founder of a local bank and gave this writer the opportunity to handle his retirement accounts and to grow them. This book is in your honor, sir, and this writer is appreciative because of your trust in me when you had the skills to do it yourself. That I know for sure!

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My new book is

Please! Don’t Make Your Retirement Complicated!

It is intended to show you how to manage your money (finances) without the knowledge that you are doing it! Examples would be similar to an automatic 401(k) deduction set up from one’s paycheck or from one’s checking account, if self-employed.

The old saying Putting away the old dollar for a future rainy day is not a bad path to take these days.

Therefore, I am going to provide you with a very easy way to get started and tell you how to maintain that approach to investing and to make it better as time goes on!

The author, Leroy Hayes Jr., is delighted in producing this piece of work from experience on retirement planning in the real world and not theoretical stuff that one may have been taught or read in the classrooms.

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Starting the Accumulation Period for One’s Retirement (Planning: Goals and Objectives)

The matriculation from high school to college or high school to the workforce or a technical training facility, whatever your desires or ambitions to do, you are now transforming into that young adult, soon to take on those responsibilities your parents had with you as a child. Once you have completed college or the training of your choice, you become the adult of your own household, and now the responsibilities are yours in paying the rent or mortgage, car note, utilities,