One of my favorite shows to watch on the weekend is WealthTrack with Consuelo Mack. It is a show offered by Public Television and it has been rated the "Best Money on TV" by Money Magazine (which I used to subscribe to). According to this morning's episode, recorded in January of this year, US Household Wealth fell 11 Trillion Dollars in 2008 or, put another way, a whole 18%. What is the new target number? That is, how much money do I need to generate every month/year in order to live? How do I get to that number? Harold Evensky, Author - Retirement Income Redesigned Marybeth Franklin, Kiplingers Personal Finance Jonathan Clements, Director of Financial Education CITI, Author - The little book of Main Street Money 1.Segment their money - not all at the same time for same purpose 5-10 years of retirement, guaranteed income "Buckets of Money" 2. 6-10 3. 11-15 4. Alternative Investments But where do you keep your assets? For Franklin, the error is clear. Many peopl
small steps toward making myself a better, richer, and happier man.