Home  Long Term Care Retirement Blueprint --Part 10
|
|
Retirement Blueprint --Part 10 |
|
|
|
|
Written by Ron Iverson
|
|
Monday, 24 December 2007 |
Copyright, 2007, Ronald J. Iverson STAGE 2 -- NOW THAT YOU KNOW WHAT OTHERS HAVE BEEN THROUGH -- ANALYZE WHAT YOU HAVE TODAY -- PERSONAL ASSET INVENTORYA complete inventory of all your assets is of great importance when evaluating retirement, asset preservation, and inheritance considerations. If your assets are even of a "modest" nature, you need to list and evaluate them. Please take care to complete the inventory by including and combining all of your assets, whether you are tabulating them as a couple or as an individual. Have some fun with this. You'll be surprised at the amount of the total at the bottom. Where you see the break between items 18 and 19, it's not a mistake. You'll find out why further on in the Stages 3 and 4. Remember, we're talking about a lot of money here--yours--and ways to keep it yours. | ASSETS | VALUE | HELD
JOINTLY? | | 1) Principal Residence | $______________ | _____ | | 2) Jewelry, (wedding rings, personal, etc.) | $______________ | _____ | | 3) Fine arts, antiques, collections, etc. | $______________ | _____ | | 4) Secondary Residences | $______________ | _____ | | 5) Other real estate or land | $______________ | _____ | | 6) Marketable securities--stocks | $______________ | _____ | | 7) Marketable bonds | $______________ | _____ | | 8) Notes or money owed to you | $______________ | _____ | | 9) Expected Inheritances | $______________ | _____ | | 10) Checking Accounts | $______________ | _____ | | 11) Saving Accounts | $______________ | _____ | | 12) Certificates of Deposit | $______________ | _____ | | 13) Cash Value Life Insurance | $______________ | _____ | | 14) Annuities, IRA's, Retirement Accounts | $______________ | _____ | 15) Trusts or trust funds in your name
| $______________ | _____ | | 16) Agricultural land | $______________ | _____ | | 17) Business interests/ownership | $______________ | _____ | | 18) Other | $______________ | _____ | | TOTAL | $______________ | _____ | | 19) Personal belongings, household furnishings | $______________ | _____ | | 20) Autos, RV's, boats, etc. | $______________ | _____ | | 21) Business or agricultural equipment | $______________ | _____ | | 22) Business or agricultural inventory | $______________ | _____ | | 23) Final Expense Life Insurance | $______________ | _____ | | 24) Pre-Paid Funerals, burial plots | $______________ | _____ | | TOTAL | $______________ | _____ |
In Stage 3 (A Retirement Blueprint--Part 11) we will discuss how to put this Personal Asset Inventory to use with some mathematical applications. The steps in Stage 3 will give you a greater idea of how to plan using the various parts of the inventory to help you prepare for a more comprehensive successful retirement.
|
|
