Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    Only $9.99/month after trial. Cancel anytime.

    Saving Your Retirement: Will I Have Enough?
    Saving Your Retirement: Will I Have Enough?
    Saving Your Retirement: Will I Have Enough?
    Ebook70 pages30 minutes

    Saving Your Retirement: Will I Have Enough?

    By Douglas L. Dombey

    ()

    Read preview

    About this ebook

    Saving Your RetirementWill I Have Enough? demystifies the forces and trends that may seem overwhelming to an individual trying to make sustainable plans for retirement. Douglas L. Dombey taps his expertise in working with individuals to accumulate, conserve, and distribute wealth, and couples it with straightforward explanations and analysis to provide a comprehensive and comprehensible treatment of such topics as taxes, portfolio turnover, markets, non-correlated assets, and insurance.

    BrilliantAn innovative way to safeguard retirement assets and income during years with negative returns.

    Janet M. Furst, CPA, ChFC, MBA, Furst & Associates, PC

    Mr. Dombey simply does the math to shine a light on one of the most potentially deadly assassins of your retirement planthe sequence of returns. In this most recent publication, Doug not only illuminates the problem but provides a creative yet simple solution that everyone can employ.

    Skip Raymond, Business Exit Coach

    A clear and simple explanation of the effect taxes and fees have on accumulating retirement assets and what you can do about it.

    John K. Kelly, Managing Director, Integrated Financial Group, Inc.

    Read this book if youre looking to understand how to grow your wealth with minimal risk over the long term.

    Evan Ohs, CLU, ChFC, Regional Vice President, Pacific Life Insurance

    Company

    LanguageEnglish
    PublisherArchway Publishing
    Release dateMay 16, 2017
    ISBN9781480842625
    Saving Your Retirement: Will I Have Enough?
    Author

    Douglas L. Dombey

    Douglas Dombey has served in the financial services industry for more than thirty years. After graduating from Arizona State University, Doug followed in his father’s footsteps, entering the financial field in 1982. Three years later, he founded Southwest Financial Group, Inc., specializing in wealth accumulation, conservation, and distribution. Doug has been the featured speaker at the National Glass Convention, Liberty Life Insurance Company, the Arizona State Bar Association, National Financial Partners Educational Conference, and the Pacific Life University and Symposium. His topics include the dynamics of a successful family business, succession planning, and the uses of life insurance for estate and business planning. Doug taught at the University of Arizona Center for Lifelong Learning as well as the Arizona State University Center for Executive Development. Doug is a past board member of the United Way Volunteer Bureau, past president of the Christ Lutheran School Board, past president of the Arizona Family Business Alliance, and a founding board member of the Steamboat Springs Winter Sports Club Foundation. He lives with his wife, Mary, in Steamboat Springs, Colorado, and maintains an office in Phoenix, Arizona.

    Related to Saving Your Retirement

    Related ebooks

    Personal Finance For You

    View More
    View More

    Related podcast episodes

    Related articles

    • Article

      How to Spot (and Squash) Nasty Fees That Hide in Your Investments

      Jan 8, 2021

      It’s a new year, and now is the time to compile and look at all your year-end investment statements. You’re likely pretty happy to see some double-digit gains thanks to the stock market (especially tech stocks) hitting record highs. The statements th

      5 min read

    • Article

      Are You Making One of the Top 3 Investing Mistakes?

      Sep 5, 2019

      Those who have been investing long-term know that the market can challenge even the most seasoned professional. Volatility, coupled with the uncertainty of what's next, can lead many to question why they invest in the market at all. Oftentimes, in

      4 min read

    • Article

      How to Lower Your Retirement Tax Rate to Less Than 10%

      Jul 17, 2019

      Is it true that retirement changes everything? No, not literally. But it does significantly change many aspects of your finances, and the more you understand your new situation, the more money you will have available to spend or save. How you set u

      5 min read

    • Article

      Which Bucket Should Retirees Tap First, for Their Heirs' Sake?

      Jul 15, 2019

      If you have a brokerage account, you're probably familiar with the concept of cost basis (the original price you paid for an investment). But when you pass away, an investment's cost basis changes -- instead, it assumes the investment's value at the

      4 min read

    • Article

      Tax-Free Investment Strategies

      Sep 23, 2019

      "There's one for you, 19 for me, cuz I'm the tax man" was from the first tax protest song as performed by the Beatles. You see, Britain imposed the 95% tax bracket on the Fab Four, leaving them with 1 pound for every 19 pounds paid in taxes. In the

      4 min read

    • Article

      New Tax Rates Could Provide Push to Help Defuse Your 'Tax Time Bomb'

      Aug 17, 2018

      Financial advisers consistently caution savers about the dangers of stockpiling too much of their retirement money in tax-deferred investment plans. Do a quick online search of the term "ticking tax time bomb," and you'll see that advice goes back at

      4 min read

    • Article

      Financial Advice for Millionaires: 5 Strategies for 2022

      Feb 7, 2022

      For decades my firm has helped retirees preserve and help protect their wealth and leave a legacy. In these tumultuous times, here are some potential retirement and estate planning strategies for you to learn more about: Our government currently has

      4 min read

    • Article

      5 Ways to Increase Your After-Tax Spendable Income - and Legacy

      May 16, 2019

      Over dinner with friends a few nights back, they expressed concern about how the recent tax law changes increased their federal income taxes. New rules limit the amount of property and state income taxes that can be deducted -- and they live in a hig

      5 min read

    • Article

      House Rules

      Jul 29, 2024

      House Rules
      3 min read

    • Article

      Get Off To A Smart Start

      Feb 2, 2022

      Get Off To A Smart Start
      8 min read

    • Article

      How to Cut Your Investment Fees in Half

      Dec 4, 2019

      When dealing with percentages and asset-based fees, an offer that sounds good at first may turn out to be not so great, depending on where you are in your retirement savings journey. As you accumulate savings, for instance, you're looking to generat

      3 min read

    • Article

      Should You Defer Your Taxes Until Retirement?

      Nov 19, 2019

      Tax deferral can be a powerful incentive for funding a retirement account. It is difficult to ignore the allure of a plan that allows you to save on taxes now as you save money for retirement. This helps explain why Americans have more than $5.8 tri

      3 min read

    • Article

      3 Money Tips for Busy Corporate Executives to Act on Now

      Nov 21, 2019

      Most corporate executives work hard for their money -- but devote little time to managing it. They are often traveling around the nation or the globe, cellphone in hand, constantly speaking to managers, clients and vendors, as well as sending and ret

      3 min read

    • Article

      Avoid These 3 Potential Pitfalls to Help Protect Your Retirement Income

      Sep 24, 2019

      Investing is a challenge at any age, but as you near and reach retirement, it becomes especially important to help avoid making mistakes. When you're younger, you have more time to recover from the loss you suffer on a bad investment or when the mar

      5 min read

    • Article

      Keep An Eye On Your Costs

      Jun 11, 2021

      Investing involves making assumptions about the future. That’s unavoidable. We’re not talking here about trying to time the market in the short-term. We’re talking about the long-term decisions you make about how much to invest and what assets to inv

      2 min read

    • Article

      Name Withheld Name Withheld Name Withheld Name Withheld

      Sep 30, 2023

      Are AI stocks a good investment? I’ve been investing in a unit trust for the past 10 years and I’m considering changing up my strategy in order to keep up with the current market environment. Would it be worth looking at AI stocks? Jac De Wet, Wealt

      5 min read

    • Article

      Name Withheld Name Withheld Name Withheld Name Withheld

      Sep 30, 2023

      Are AI stocks a good investment? I’ve been investing in a unit trust for the past 10 years and I’m considering changing up my strategy in order to keep up with the current market environment. Would it be worth looking at AI stocks? Jac De Wet, Wealt

      5 min read

    • Article

      How to Fill that Hole in Your Retirement Income

      Apr 13, 2020

      Now that COVID-19 has officially changed everything, let's talk about how you can maintain as much of your retirement income as possible. The combination of factors we have witnessed is almost overwhelming. If you were planning on drawing down your

      3 min read

    • Article

      5 Ways to Increase Retirement Income in a Low-Yield World

      Dec 2, 2019

      Many retirees who worked hard and saved diligently only to reach retirement in a low-income-rate environment have recently found the income they need to live off may be less than they had expected. Fortunately, there are still opportunities for pre-r

      4 min read

    • Article

      Think Your DIY Retirement Plan Can Beat an Adviser?

      Feb 7, 2020

      After age 50, investors need more than a pie chart -- they need a retirement plan. As an investment adviser representative, I meet with retirees and pre-retirees every week, many of whom tell me they have been "working with a retirement-planning fir

      4 min read

    • Article

      Name Withheld Name Withheld Name Withheld Name Withheld

      Sep 30, 2023

      Are AI stocks a good investment? I’ve been investing in a unit trust for the past 10 years and I’m considering changing up my strategy in order to keep up with the current market environment. Would it be worth looking at AI stocks? Jac De Wet, Wealt

      5 min read

    • Article

      Pay Now or Pay Later: Reducing Taxes Should Be a Retirement Priority

      Oct 1, 2019

      Do you have a plan to help reduce income taxes in retirement? That's become one of my top questions for the pre-retirees who attend my financial planning classes or come to my office for help. If they have to think about it, it means they likely do

      3 min read

    • Article

      Is 4% Withdrawal Rate Still a Good Retirement Rule of Thumb?

      Jun 13, 2019

      The general guideline of withdrawing no more than 4% of your portfolio each year during retirement has come under fire as of late. This guideline was the result of a study conducted almost 30-years ago by William Bengen, at a time when it was believ

      4 min read

    • Article

      How Hidden Commissions Can Damage Non-traded REITs and DSTs

      Feb 13, 2018

      Over the past few years, the financial services industry has come under criticism regarding fees charged, hidden fees, commissions, 12b-1 fees, and a host of other reductions in the value of their client investments. Much of this criticism is warran

      3 min read

    • Article

      How to Save $1 Million in Less Than 40 Years with a Roth

      Dec 24, 2018

      Want to lower the amount of taxes you need to pay in retirement? Then leveraging a retirement account like a Roth IRA might be an excellent strategy to use. Roth IRAs are individual retirement accounts with a unique tax advantage: Your contributions

      4 min read

    • Article

      Are Your Taxes Set to Explode in Retirement? (Strategies to Help Defuse the Problem)

      Oct 30, 2019

      Remember when you first started earning a decent salary, and it seemed as if everybody -- your parents, your boss, the nice lady in HR and, of course, your tax preparer -- all told you to put as much money as you could into your employer's 401(k) pla

      2 min read

    Related categories

    Reviews for Saving Your Retirement

    0 ratings

    0 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Saving Your Retirement - Douglas L. Dombey

      Copyright © 2017 Douglas L. Dombey.

      All rights reserved. No part of this book may be used or reproduced by any means, graphic, electronic, or mechanical, including photocopying, recording, taping or by any information storage retrieval system without the written permission of the author except in the case of brief quotations embodied in critical articles and reviews.

      Archway Publishing

      1663 Liberty Drive

      Bloomington, IN 47403

      www.archwaypublishing.com

      1 (888) 242-5904

      Because of the dynamic nature of the Internet, any web addresses or links contained in this book may have changed since publication and may no longer be valid. The views expressed in this work are solely those of the author and do not necessarily reflect the views of the publisher, and the publisher hereby disclaims any responsibility for them.

      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.

      ISBN: 978-1-4808-4261-8 (sc)

      ISBN: 978-1-4808-4262-5 (e)

      Library of Congress Control Number: 2017900592

      Archway Publishing rev. date: 06/05/2017

      ACKNOWLEDGEMENTS

      Throughout my career I have always been surrounded and supported by great people. I know that I would not be where I am today without their unwavering support. That being said I must mention those that provided such support on this project.

      Diane Allison – you are not only an awesome sister but also a tremendous artist. Thank you for the cover design.

      Martha Fosdick – always the supportive and faithful friend. Thank you for being an honest and diligent editor.

      Sharon Parrish – it has been quite the journey. Thanks for your loyalty and always being willing to go the extra mile.

      Skip – thanks for being the definition of a true friend and challenging me on my theories and concepts throughout this project.

      The love of my life Mary – thank you for being the best mom and wife a man could desire. You provide the spiritual support I need to carry on. I love you.

      NOTE TO READERS

      This book is not intended to provide tax or investment advice. Nor is it promoting any specific company or product. As always you should consult a professional before implementing any concept or strategy.

      It is my hope that this book will help you to create a healthier retirement plan.

      CONTENTS

      Introduction

      1 Tax Rates

      2 Portfolio Turnover

      3 The Tax Effect

      4 Qualified Plans

      5 The Market

      6 Sequence Of Returns

      7 Non-Correlated Assets

      8 Fees Vs. Taxes

      9 Doing The Math

      10 How Does An Equity-Indexed Life Insurance Policy Work?

      11 Conclusion

      About The

      Enjoying the preview?
      Page 1 of 1