Close Your Wealth Gap (eBook)

ROB LUNA, MBA, has 25 years' experience as a wealth manager for ultra-high-net-worth people. He is the founder of the Rob Luna Wealth Academy and Real Talk Capital, both of which offer cheap and accessible financial education and guidance. He served as a Fellow at Wharton for three years.

Acknowledgments ix

Introduction xi

Part I: All About the Wealth Gap and Your Relationship to Money 1

Chapter 1: The Wealth Gap 3

Chapter 2: What Is Your Relationship with Money? 13

Part II: Financial Boot Camp 19

Chapter 3: Starting Today 21

Chapter 4: Managing Your Financial Life in a Dashboard 29

Chapter 5: Improving Your Financial Dashboard 41

Chapter 6: Building Your Financial Roadmap 63

Part III: How to Match Your Investments To Your Needs 73

Chapter 7: Managing Your Financial Buckets 75

Chapter 8: Minimizing Taxes 105

Chapter 9: Buying or Avoiding Life Insurance and Annuities 121

Chapter 10: Developing a Wealth- Maximizing Mindset 133

Part IV: a Financial Case Study 149

Chapter 11: Building Your Own Action Plan 151

Chapter 12: Start Young: What to Do Ages 0-18 159

Chapter 13: Welcome to Adulthood: What to Do Ages 18-24 163

Chapter 14: The Ramp- Up Years: What to Do Ages 24-30 169

Chapter 15: Learn and Earn: What to Do Ages 30-40 177

Chapter 16: Full Speed Ahead: What to Do Ages 40-50 189

Chapter 17: Catch Up and Assess: What to Do Ages 50-60 203

Chapter 18: The Work- Optional Years: What to Do Ages 60+ 217

Chapter 19: Case Study Executive Summary 227

Epilogue 235

Appendix A: Resources 239

Appendix B: Glossary of Financial Terms 245

About the Author 251

Index 253