Prosperity Trek by Prosperity Concierge » Enjoying http://prosperityconcierge.com/trek The trek to prosperity, step by step. Improve cash flow, build net worth, enjoy life and give back. To earn, spend, save and invest for happiness and fulfillment. Sun, 21 Aug 2011 21:20:25 +0000 http://wordpress.org/ en hourly 1 Where to Save for Retirement First – an IRA or 401(k)? http://prosperityconcierge.com/trek/steps/build-steps/investment-vehicles/where-to-save-for-retirement-first-an-ira-or-401k/ http://prosperityconcierge.com/trek/steps/build-steps/investment-vehicles/where-to-save-for-retirement-first-an-ira-or-401k/#comments Tue, 12 Jul 2011 13:11:28 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/steps/build-steps/investment-vehicles/where-to-save-for-retirement-first-an-ira-or-401k/ When it comes to saving for retirement should you fund your 401(k) or IRA first? Here are ten questions to ask that can help you make your decision.

1. Do you get an employer match?

The first question you want to ask is, does your employer match funds. It’s free money, so you don’t want to give

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]]> http://prosperityconcierge.com/trek/steps/build-steps/investment-vehicles/where-to-save-for-retirement-first-an-ira-or-401k/feed/ 1 Ready to Retire? Let’s Do the Math! http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/ready-to-retire-lets-do-the-math/ http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/ready-to-retire-lets-do-the-math/#comments Tue, 28 Jun 2011 14:39:59 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/ready-to-retire-lets-do-the-math/ To get started, you’ll need to choose the age at which you want to retire, taking into account your life expectancy and what you hope to do in retirement. You’ll also need to consider your spouse’s life expectancy, if you’re married.

Now it’s time to see how your projected income measures up to your projected expenses

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]]> http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/ready-to-retire-lets-do-the-math/feed/ 0 Retirement Expenses Change – The 4 Phases http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/retirement-expenses-change-the-4-phases/ http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/retirement-expenses-change-the-4-phases/#comments Thu, 28 Apr 2011 13:03:37 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/retirement-expenses-change-the-4-phases/ Most retirement calculators and planners aim for decades of level spending, but most people reduce their spending as they move through retirement. That’s a disconnect that can significantly skew the results of the typical planning exercise, says a study from the Society of Actuaries and the Actuarial Foundation. It could lead workers to take greater

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]]> http://prosperityconcierge.com/trek/steps/enjoy-steps/enjoy-retirement/retirement-expenses-change-the-4-phases/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Income Stream: Annuity http://prosperityconcierge.com/trek/t/q4f/p4fena-retirement-income-stream-annuity/ http://prosperityconcierge.com/trek/t/q4f/p4fena-retirement-income-stream-annuity/#comments Thu, 06 May 2010 01:05:01 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fena-retirement-income-stream-annuity/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by evaluating the need for an immediate, fixed annuity for retirement income. Steps you should complete before beginning this step: Define Your Income Plan, Funding from Personal Savings Difficulty rating: Moderate

Retirees

Continue reading Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Income Stream: Annuity

]]> http://prosperityconcierge.com/trek/t/q4f/p4fena-retirement-income-stream-annuity/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Funding from Personal Savings http://prosperityconcierge.com/trek/t/q4f/p4fenam-retirement-funding-personal-savings/ http://prosperityconcierge.com/trek/t/q4f/p4fenam-retirement-funding-personal-savings/#comments Thu, 06 May 2010 00:30:17 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenam-retirement-funding-personal-savings/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating your retirement income that needs to be funded from personal savings. Steps you should complete before beginning this step: Retirement Income Plan, Social Security, Pension and Other Income Difficulty

Continue reading Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Funding from Personal Savings

]]> http://prosperityconcierge.com/trek/t/q4f/p4fenam-retirement-funding-personal-savings/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Pension and Other Income http://prosperityconcierge.com/trek/t/q4f/p4fenal-retirement-pension-income/ http://prosperityconcierge.com/trek/t/q4f/p4fenal-retirement-pension-income/#comments Thu, 06 May 2010 00:18:27 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenal-retirement-pension-income/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating what you can expect to receive from a pension and other income sources. Steps you should complete before beginning this step: Retirement Income Plan, ]]> http://prosperityconcierge.com/trek/t/q4f/p4fenal-retirement-pension-income/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Social Security http://prosperityconcierge.com/trek/t/q4f/p4fenak-retirement-social-security/ http://prosperityconcierge.com/trek/t/q4f/p4fenak-retirement-social-security/#comments Thu, 06 May 2010 00:00:32 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenak-retirement-social-security/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating of what you can expect to receive from Social Security. Steps you should complete before beginning this step: Retirement Income Plan Difficulty rating: Moderate

Before You Get Started

In the previous

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]]> http://prosperityconcierge.com/trek/t/q4f/p4fenak-retirement-social-security/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Income Stream: Annuity http://prosperityconcierge.com/trek/t/q3/p3enan-retirement-income-stream-annuity/ http://prosperityconcierge.com/trek/t/q3/p3enan-retirement-income-stream-annuity/#comments Wed, 05 May 2010 03:42:49 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=9099 This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by evaluating the need for an immediate, fixed annuity for retirement income. Steps you should complete before beginning this step: Define Your Income Plan, Funding from Personal Savings Difficulty rating: Moderate

Retirees

Continue reading Trek III: Wealth and Prosperity: Enjoyment: Retirement: Income Stream: Annuity

]]> http://prosperityconcierge.com/trek/t/q3/p3enan-retirement-income-stream-annuity/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Funding from Personal Savings http://prosperityconcierge.com/trek/t/q3/p3enam-retirement-funding-personal-savings/ http://prosperityconcierge.com/trek/t/q3/p3enam-retirement-funding-personal-savings/#comments Wed, 05 May 2010 01:39:15 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=9070 This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating your retirement income that needs to be funded from personal savings. Steps you should complete before beginning this step: Retirement Income Plan, Social Security, Pension and Other Income Difficulty

Continue reading Trek III: Wealth and Prosperity: Enjoyment: Retirement: Funding from Personal Savings

]]> http://prosperityconcierge.com/trek/t/q3/p3enam-retirement-funding-personal-savings/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Pension and Other Income http://prosperityconcierge.com/trek/t/q3/p3enal-retirement-pension-other-income/ http://prosperityconcierge.com/trek/t/q3/p3enal-retirement-pension-other-income/#comments Wed, 05 May 2010 01:01:07 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=9061 This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating what you can expect to receive from a pension and other income sources. Steps you should complete before beginning this step: Retirement Income Plan, ]]> http://prosperityconcierge.com/trek/t/q3/p3enal-retirement-pension-other-income/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Social Security http://prosperityconcierge.com/trek/t/q3/p3enak-retirement-social-security/ http://prosperityconcierge.com/trek/t/q3/p3enak-retirement-social-security/#comments Tue, 04 May 2010 23:58:47 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=9051 This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating of what you can expect to receive from Social Security. Steps you should complete before beginning this step: Retirement Income Plan Difficulty rating: Moderate

Before You Get Started

In the previous

Continue reading Trek III: Wealth and Prosperity: Enjoyment: Retirement: Social Security

]]> http://prosperityconcierge.com/trek/t/q3/p3enak-retirement-social-security/feed/ 0 Trek IV Prosperity: Reach Financial Goals http://prosperityconcierge.com/trek/t/q4f/p4fenab-reach-financial-goals/ http://prosperityconcierge.com/trek/t/q4f/p4fenab-reach-financial-goals/#comments Thu, 25 Feb 2010 02:57:16 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenab-reach-financial-goals/ Once you’ve determined your initial goals for your financial plan, it’s time to begin the process of reaching those goals.

Think of the financial planning process as a journey.

You prepare for the trip by marking on the road map where you are today and the destinations you want to reach.

These destinations represent any life dreams and

Continue reading Trek IV Prosperity: Reach Financial Goals

]]> http://prosperityconcierge.com/trek/t/q4f/p4fenab-reach-financial-goals/feed/ 0 Trek III: Reach Financial Goals http://prosperityconcierge.com/trek/t/q3/p3enab-reach-financial-goals/ http://prosperityconcierge.com/trek/t/q3/p3enab-reach-financial-goals/#comments Thu, 25 Feb 2010 02:47:48 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=7970 Once you’ve determined your initial goals for your financial plan, it’s time to begin the process of reaching those goals.

Think of the financial planning process as a journey.

You prepare for the trip by marking on the road map where you are today and the destinations you want to reach.

These destinations represent any life dreams and

Continue reading Trek III: Reach Financial Goals

]]> http://prosperityconcierge.com/trek/t/q3/p3enab-reach-financial-goals/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Delay Retirement? http://prosperityconcierge.com/trek/t/q4f/p4fenai-retirement-delay/ http://prosperityconcierge.com/trek/t/q4f/p4fenai-retirement-delay/#comments Wed, 11 Nov 2009 19:20:20 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenai-retirement-delay/ This step on your prosperity trek… This is an informational step.

There are several reasons why you might decide that a retirement delay is an option worth considering.

Funding Retirement Needs from Personal Savings

Begin by adding up your non-discretionary expenses. These are expenses that you don’t have much flexibility to reduce. This would include groceries, utilities, mortgage or

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]]> http://prosperityconcierge.com/trek/t/q4f/p4fenai-retirement-delay/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Delay Retirement? http://prosperityconcierge.com/trek/t/q3/p3enai-retirement-delay/ http://prosperityconcierge.com/trek/t/q3/p3enai-retirement-delay/#comments Wed, 11 Nov 2009 18:37:19 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=6787 This step on your prosperity trek… This is an informational step.

There are several reasons why you might decide that a retirement delay is an option worth considering.

Funding Retirement Needs from Personal Savings

Begin by adding up your non-discretionary expenses. These are expenses that you don’t have much flexibility to reduce. This would include groceries, utilities, mortgage or rent

Continue reading Trek III: Wealth and Prosperity: Enjoyment: Retirement: Delay Retirement?

]]> http://prosperityconcierge.com/trek/t/q3/p3enai-retirement-delay/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Income Stream: Asset Allocation http://prosperityconcierge.com/trek/t/q4f/p4fenah-retirement-asset-allocation/ http://prosperityconcierge.com/trek/t/q4f/p4fenah-retirement-asset-allocation/#comments Sat, 03 Oct 2009 21:01:03 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenah-retirement-asset-allocation/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by developing a retirement asset allocation strategy. Steps you should complete before beginning this step: Funding from Personal Savings Difficulty rating: Moderate

In retirement we suggest that you allocate your assets by

Continue reading Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Income Stream: Asset Allocation

]]> http://prosperityconcierge.com/trek/t/q4f/p4fenah-retirement-asset-allocation/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Income Stream: Asset Allocation http://prosperityconcierge.com/trek/t/q3/p3enah-retirement-asset-allocation/ http://prosperityconcierge.com/trek/t/q3/p3enah-retirement-asset-allocation/#comments Sat, 03 Oct 2009 20:51:27 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=5866 This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by developing a retirement asset allocation strategy. Steps you should complete before beginning this step: Funding from Personal Savings Difficulty rating: Moderate

In retirement we suggest that you allocate your assets by

Continue reading Trek III: Wealth and Prosperity: Enjoyment: Retirement: Income Stream: Asset Allocation

]]> http://prosperityconcierge.com/trek/t/q3/p3enah-retirement-asset-allocation/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Income Stream: Withdrawal Plan http://prosperityconcierge.com/trek/t/q4f/p4fenag-retirement-asset-withdrawals/ http://prosperityconcierge.com/trek/t/q4f/p4fenag-retirement-asset-withdrawals/#comments Sat, 03 Oct 2009 17:42:26 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenag-retirement-asset-withdrawals/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by developing a retirement income withdrawal plan. Steps you should complete before beginning this step: Define Your Income Plan, Funding from Personal Savings Difficulty rating: Moderate

A way to generate reliable, sustainable

Continue reading Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Income Stream: Withdrawal Plan

]]> http://prosperityconcierge.com/trek/t/q4f/p4fenag-retirement-asset-withdrawals/feed/ 0 Trek III: Wealth and Prosperity: Enjoyment: Retirement: Income Stream: Withdrawal Plan http://prosperityconcierge.com/trek/t/q3/p3enag-retirement-asset-withdrawals/ http://prosperityconcierge.com/trek/t/q3/p3enag-retirement-asset-withdrawals/#comments Sat, 03 Oct 2009 17:39:05 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/?p=5862 This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by developing a retirement income withdrawal plan. Steps you should complete before beginning this step: Define Your Income Plan, Funding from Personal Savings Difficulty rating: Moderate

A way to generate reliable, sustainable

Continue reading Trek III: Wealth and Prosperity: Enjoyment: Retirement: Income Stream: Withdrawal Plan

]]> http://prosperityconcierge.com/trek/t/q3/p3enag-retirement-asset-withdrawals/feed/ 0 Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Define Your Income Plan http://prosperityconcierge.com/trek/t/q4f/p4fenad-planning-retirement-needs/ http://prosperityconcierge.com/trek/t/q4f/p4fenad-planning-retirement-needs/#comments Thu, 01 Oct 2009 17:58:52 +0000 Prosperity Concierge http://prosperityconcierge.com/trek/t/q4f/p4fenad-planning-retirement-needs/ This step on your prosperity trek… This is an action step for families that are planning to retire. This step will improve cash flow and preserve net worth by estimating your retirement expenses. Difficulty rating: Moderate

The starting point for building a lifetime retirement income plan is to anticipate your retirement expenses and determine which are essential.

The task of

Continue reading Trek IV: Enrichment and Fulfillment: Enjoyment: Retirement: Define Your Income Plan

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