Prince or Pauper

Today's economic environment presents sobering choices: Do you want to be a prince or a pauper? Do you want to spend the balance of your life in comfort and security, or in survival mode? Do you want to retire with enough money to travel, spend time with family and friends, and pursue interests that are fulfilling and satisfying, or be forced to "downsize" and pinch pennies? In Prince or Pauper: Prepare for the Road Ahead, Peter M. Yachimski outlines specific tools that can make a huge difference in your perspective and financial strategies. Topics include: How to make gains in your retirement portfolio after you start making withdrawals by using the principles of reverse dollar-cost averaging. Why our national debt demands that you take control of your own future-and how to protect yourself when the house of cards collapses. Why Medicare and Medicaid are in crisis-and a unique strategy to hedge against rising taxes or falling benefits that could threaten your savings. How to safeguard yourself against government legislation that could jeopardize your nest egg. How to use the banking industry's own laws to your advantage in negotiating with creditors. Buckle up, keep an open mind, and remember: Succeeding on the road ahead requires a different way of looking at things. To be a prince instead of a pauper, you need to face the truth, map a course of self-determination, and take destiny into your own hands.