Product Description
When was the last time you checked under the hood of your financial plan for life?
From this very first question, author Kenneth W. Rudzinski draws you into an action-oriented examination of your complete financial plan, including retirement, investment, estate, asset protection, risk management, and more.
The Physician's Guide to Avoiding Financial Blunders expands on Kenneth W. Rudzinski's popular financial and practice management column featured in world-renowned newspapers on ophthalmology, orthopedics, optometry, cardiology and infectious disease.
Author Kenneth W. Rudzinski brings his thirty-five years of business and practice management experience directly to you in The Physician's Guide to Avoiding Financial Blunders. This
is a dynamic book that provides practicing physicians at various stages of their careers and with varying personal financial means with the tips and tools to avoid the financial disasters that await most people who fail to check the details of their financial plan for life.
Organized in a comprehensive and user-friendly format, physicians will embrace and appreciate the information being presented chapter by chapter in an effective point-by-point action plan that will advise "what to do vs what not do" in their personal and professional planning.
Some topics covered include:
- Investing - common sense lessons on how to avoid the "big mistake" in investing
- Retirement - your "timeline" to prepare for the longest "vacation" of your life
- Risk management - avoid the income disaster headed your way
- Asset protection - learn how to defeat predators and creditors before they defeat you
- Estate planning - your estate documents may already be extinct
- Financial planning - 10 common mistakes-which ones are you making
Appealing to a wide audience, young and old, with a conversational tone and with dozens of humorous anecdotes, all physicians will benefit from reading and applying the tips and advice presented inside The Physician's Guide to Avoiding Financial Blunders.
You cannot read this book without finding something in your financial plan for life that needs immediate fixing. The impact is immediate. Be prepared to be challenged to action.
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Contents
Dedication
Acknowledgments
About the Author
Introduction
Chapter 1 Avoiding the Most Common Financial Planning Mistakes
Chapter 2 Avoiding the Big Mistake in Investing
Chapter 3 Avoiding Common IRA Planning Disasters
Chapter 4 Planning for Income Disasters
Chapter 5 Protecting Your Assets From Predators and Creditors: The Basics
Chapter 6 Keeping Determined Predators at Bay: Advanced Concepts
Chapter 7 Choosing the Right Retirement Plan
Chapter 8 Will You Be Ready for the Longest Vacation of Your Life?
Chapter 9 "The Death of Equities?"
Chapter 10 Creative Do's and Disastrous Don'ts in Your Estate Planning
Bibliography
Index
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Reviews
"I consider Ken Rudzinski's book the PDR of my financial practice and the Merck Manual of my financial decisions."
— Dr. Harvey Rosenwasser
"Ken Rudzinski has compounded the only thing more powerful than compounded interest - and that's (un)common sense. He's laid out, in an easy to follow manner, steps every doctor needs to take to accumulate, conserve, and distribute wealth. As my father often said, "Any fool can learn from his own mistakes, a wise man will learn from the mistakes of others!" Ken's book will help you avoid the mistakes others have made and more importantly provide you a blueprint for obtaining personal financial security."
— Stephan R. Leimberg, Esq
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About the Author
Kenneth W. Rudzinski, CFP, CLU, ChFC, CASL, CRPC, CAP, has been a financial planner and wealth manager for over 35 years. He received his undergraduate degree at Villanova University in 1969 then completed his Master’s degree in French at the University of Delaware in 1972. He taught French for 3 years before entering the financial services industry in June, 1973. For over a dozen years, Ken used his teaching skills in a management capacity at Lincoln National Sales Corporation and Aetna Life & Casualty. In 1988, he founded The America Group, a fee-based financial planning and investment management firm in Wilmington, Delaware. By that time, Ken had already spent over a dozen years working with many doctors in the critical areas of risk management, retirement, investment, and estate planning.
Ken’s knowledge and experience have been recognized locally as well as on a national level. As a former contributing writer for the Wilmington NewsJournal, and a member of the NewsJournal’s “Ask the Experts” panel, he has authored numerous articles on various financial planning topics. He has also been published nationally in various medical specialty publications, including a total of over 60 articles featured in Orthopedics Today, Cardiology Today, Ocular Surgery News, Primary Care Optometry News, Endocrine Today, Infectious Diseases in Children, Hem/Onc Today, and others.
Ken has lectured nationally on such topics as “Avoiding The Big Mistake in Investing,” “Fundamental Financial Concepts,” and “Retirement Planning Obstacles.” He serves as the financial consultant for two national Web sites for doctors, “POP” (Proactive Optometric Physicians [www.proactod.org]) and ODWire.org (www.odwire.org/forum). He has been cited in MONEY magazine and has been listed in the Marquis Edition of Who’s Who in Finance and Industry and Who’s Who in the East.
Besides over 35 years of practical field experience, which has found its way into Ken’s articles, lectures, and now into this book, Ken has a substantial educational pedigree, receiving the following professional degrees:
- Chartered Life Underwriter (CLU)—1983
- CERTIFIED FINANCIAL PLANNER™ (CFP)—1985
- Chartered Financial Consultant (ChFC)—1986
- Chartered Advisor for Senior Living (CASL)—2005
- Chartered Advisor in Philanthropy (CAP)—2007
- Chartered Retirement Planning Counselor SM (CRPC)—2008
Ken is a Life and Qualifying Member of the nationally-recognized Million Dollar Round Table. Additionally, he is a member of the Society of Financial Service Professionals, The National Association of Insurance and Financial Advisors, and the prestigious Chairman’s Council and Resource Group at Lincoln Financial Advisors.
Ken has spent his career serving the people of the Delaware Valley and beyond. His financial planning and investment management practice is national in scope. He and his spouse, Mary Jane, have been residents of Wilmington, Delaware since 1970. He has served as a photographer for the Wilmington Blue Rocks minor league baseball team, and his hobbies consist of golf, baseball (he attended Villanova University on a full baseball scholarship), and collecting rock ‘n’ roll music. He has two sons, Matt and Alex.
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