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Preface, xi

PARTl FOUNDATIONS OF FINANCIAL PLANNING, 2

CHAPTER1 Understanding the Financial Planning Process 2

CHAPTER2 Developing Your Financial Statements and Plans 30

CHAPTER3 Preparing Your Taxes 69

PART2 MANAGING BASIC A$S:BSTS, 101

CHAPTER4 Managing Your Cash and Savings 102

CHAPTER5 Making Automobile and Housing Decisions 132

PART3 MANAGING CREDIT, 173

CHAPTER6 Using Credit 174

CHAPTER7 Using Consumer Loans 210

PART4 MANAGING INSURANCE NEEDS, 239

CHAPTER8 Insuring Your Life 240

CHAPTER9 Insuring Your Health 272

CHAPTER 10 Protecting Your Property 301

PART5 MANAGING INVESTM:BNTS, 329

CHAPTER11 Investment Planning 330

CHAPTER12 Investing in Stocks and Bond 373

CHAPTER13 Investing in Mutual Funds and Real Estate 412

PART6 RETIRSMENT AND ESTATE PLANNING, 451

CHAPTER14 Planning for Retirement 452

CHAPTER 15 Preserving Your Estate 487

APPENDIX A Table of Future Value Factors, 517

APPENDIX B Table of Future Value Annuity Factors, 517

APPENDIX C Table of Present Value Factors, 518

APPENDIX D Table of Present Value Annuity Factors, 518

APPENDIX E Using a Financial Calculator, 519

Index, 521

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In the midst of today's constantly shifting financial environment and ever-changing lives, personal financial planning is more important than ever before for life success. PERSONAL FINANCIAL PLANNING, 11e creates a solid framework with the tools and techniques to help you better understand, define, and achieve your financial goals. The book follows a life-cycle approach, covering financial plans, assets, credit, insurance, investment, and retirement as you progress through a lifetime. Written in a conversational style with an inviting design and focus on decision making, this edition reinforces solid financial principles with expert advice, helpful tools and examples of both financial successes and failures drawn from actual life. You learn how to effectively use the financial calculator and Internet as critical financial tools. Numerous resources and additional financial insights on this edition's valuable companion website further your learning. Financial Planning software that corresponds with the text provides the first step in your continued personal financial success. The innovative new ThomsonNOWi¿½' online learning system helps with homework and achieving the grade you want while focusing your study on the areas you need most. Personal financial planning at its best begins with Gitman/Joehnk's Personal Financial Planning, 11e in your hands today!