Van Kampen Aggressive Growth fund (VAGAX).
Prepare for a career change. As far as embarking on a second career after retirement, Clark encourages Taylor to pursue becoming a real estate agent while he’s still working full time. Selling real estate part-time would suit his long-term goals. He needs to contact a local real estate agent or broker, or a local community college, and apply for the classes. After he passes the exam, he could work for a real estate agency to gain firsthand experience.
Financial Snapshot: Steven Taylor
|
HOUSEHOLD INCOME |
|
| Gross Income | $48,000 |
| ASSETS | Â |
| Virginia Beach Time-share | $10,000 |
| Retirement Account | $3,500 |
| Savings | 500 |
| Value of Car* | 6,155 |
| Total | $20,155 |
|
LIABILITIES |
|
| Balance on Time-share | $10,000 |
| Credit Cards | 4,000 |
| Car Loan | 5,720 |
| Total | $19,720 |
| NET WORTH | $435 |
*According to Kelley Blue Book.