Charting Your Course Toward a Comfortable Retirement

By Jon L. Ten Haagen CFP®

Investing is subject to risks, including loss of principal invested. Past performance is not a guarantee of future results. No strategy can assure profit or protection against loss. Please note that individual situations can vary. Therefore, the information presented here should be relied upon when coordinated with individual professional advice.

• Language: English
• Publisher: Xlibris US
• Release date: Dec 3, 2019
• ISBN: 9781796031003

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Copyright © 2019 by Jon L. Ten Haagen, CFP 42287.png .

Library of Congress Control Number:          2019906174

ISBN:                  Hardcover                              978-1-7960-3102-7

                            Softcover                                 978-1-7960-3101-0

                            eBook                                       978-1-7960-3100-3

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.

Jon L. Ten Haagen, CFP®, runs Ten Haagen Financial Services, Inc., a comprehensive, independent financial-planning firm. Jon L. Ten Haagen, CFP®, is an Investment Advisor Representative, securities and advisory services offered through Royal Alliance Associates, Inc., member of FINRA/SIPC, and a registered investment advisor. Jon is also an active community member, serving on several nonprofit boards and as executive officer of the Greater Huntington Boating Council. Friends and clients are welcome to stop by, enjoy a cup of coffee and relax in his office.

Investing is subject to risks including loss of principal invested. Past performance is not a guarantee of future results. No strategy can assure a profit nor protect against loss. Please note that individual situations can vary. Therefore, the information presented here should be relied upon when coordinated with individual professional advice.

The offices of Ten Haagen Financial Services, Inc., are located at: 191 New York Ave., Huntington, NY 11743. Tel: [phone]. Fax: [phone]. Email: [e-mail]. Website: www.tenhaagen.com.

To check the background of this financial professional visit: www. brokercheck.finra.org.

Any people depicted in stock imagery provided by Getty Images are models, and such images are being used for illustrative purposes only.

Certain stock imagery © Getty Images.

Rev. date: 10/23/2019

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The authors, editors and publishers are not engaged in rendering legal, tax accounting or similar professional services.

Nothing contained herein is to be considered a solicitation, research material, an investment recommendation or advice of any kind. The information contained herein may contain information that is subject to change without notice. Any investments or strategies referenced herein do not take into account the investment objectives, financial situation or particular needs of any specific person. Product suitability must be independently determined for each individual investor.

Some of the investment products discussed herein are considered complex investment products. Such products contain unique risks, terms, conditions and fees specific to each offering. Depending upon the particular product, risks include, but are not limited to, issuer credit risk, liquidity risk, market risk, the performance of an underlying derivative financial instrument, formula or strategy. Return of principal is not guaranteed above FDIC insurance limits and is subject to the creditworthiness of the issuer. You should not purchase an investment product or make an investment recommendation to a customer until you have read the specific offering documentation and understand the specific investment terms and risks of such investment. This information does not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of securities, in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

The opinions expressed are those of the author and not necessarily those of any broker/dealer or registered investment advisor.

Neither Asset Allocation nor Diversification guarantee a profit or protect against a loss in a declining market. They are methods used to help manage investment risk.

Information was obtained from third party sources, which we believe to be reliable but not guaranteed for accuracy or completeness.

Investing entails risk, including the possible loss of principal and there is no assurance that any investment or strategy will provide positive performance over any period of time.

Annuities are designed to meet long-term needs for retirement income. They can provide guarantees against the loss of principal and credited interest, and the reassurance of a death benefit for beneficiaries. Annuities are generally considered long-term investments. It is intended for a person who has sufficient cash or other liquid assets for living expenses and other unexpected emergencies, such as medical expenses.

A fixed indexed annuity is not a registered security or stock market investment and does not participate directly in any stock or equity investment or index. Annuities are not deposits of or guaranteed by any bank and are not insured by the FDIC or any other agency of the US.

All guarantees are solely backed by the financial strength and claims paying ability of the issuing insurance company.

Alternative investments, including hedge funds, commodities and managed futures involve a high degree of risk, often engage in leveraging and other speculative investments practices that may increase risk of investment loss, can be highly illiquid, are not required to provide periodic pricing or valuation information to investors, may involve complex tax structures and delays in distributing important tax information, are subject to the same regulatory requirements as mutual funds, often charge higher fees which may offset any trading profits, and in many cases the underlying investments are not transparent and are known only to the investment manager.

The performance of alternative investments can be volatile. There is often no secondary market for an investor’s interest in alternative investments and none is expected to develop. There may be restrictions on transferring interests in any alternative investment. Alternative investment products often execute a substantial portion of their trades on non-US exchanges. Investing in foreign markets may entail risks that differ from those associated with investments in the US markets. Additionally, alternative investments often entail commodity trading which can involve substantial risk of loss.

A REIT is a security that sells like a stock on the major exchanges and invests in real estate directly, either through properties or mortgages. REITs receive special tax considerations and typically offer investors high yields, as well as a highly liquid method of investing in real estate. There are risks associated with these types of investments and include but are not limited to the following: Typically no secondary market exists for the security listed above. Potential difficulty discerning between routine interest payments and principal repayment. Redemption price of a REIT may be worth more or less than the original price paid. Value of the shares in the trust will fluctuate with the portfolio of underlying real estate. Involves risks such as refinancing in the real estate industry, interest rates, availability of mortgage funds, operating expenses, cost of insurance, lease termination, potential economic and regulatory changes. This is neither an offer to sell nor a solicitation or an offer to buy the securities described herein. The offering is made only by Prospectus.

CONTENTS

Dedication: A Book Whose Time Has Come

Foreword

Introduction: It’s Time for a New Retirement Conversation

A Word About Our Office: Who’s Managing Your Money?

Part 1: Your Financial