Planning Ahead - Page 3 of 3
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Planning Ahead

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  
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.


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