Product Description

ARE YOU GOING TO RETIRE? Of course you are! That's why you need to read this book and ask your financial planner if he or she uses the techniques described in it. This book will help assure you are getting the highest quality advice using the latest techniques to plan for and control the uncertainty of your financial future.

This book addresses five important questions you need to consider:

1. What's going on today in the world of predicting or forecasting the future financial situation for an individual or couple?
2. What new forecasting models have been developed for the financial planning of my future?
3. What's the value in these new forecasting models?
4. Can the improve my future?
5. Is there anything to look for or ask about when working with someone using these new models?

Product Details

• Amazon Sales Rank: #2394100 in Books
• Published on: 2001-12-20
• Binding: Paperback
• 80 pages

About the Author
Mr. Kautt is a President's Distinguished Scholar graduate of Purdue University and received his MBA from the Harvard Graduate School of Business. In the financial services industry for 22 years, Glenn is a Certified Financial Planner and was admitted to the Registry of Financial Planning Practitioners in 1988. He is an Enrolled Agent, licensed to practice before the Internal Revenue Service.

A former Chairman of the FPA Financial Planning Association("FPA") of the National Capital Area, Glenn is currently a member of the national FPA Chapter Leadership Resource Council. He also serves on the Editorial Advisory Board of The Journal of Financial Planning, where his work has been published.

Mr. Kautt was selected as one of Worth Magazine's 2001 Top 250 Advisors, Mutual Funds Magazines top 100 advisors for 2001, and Bloomberg Wealth Managers Magazine's lists his firm as a "Cream of the Crop" top wealth management firm for 2001. Only 10 financial planners and their firms in the country were so honored.

Glenn has spoken professionally for over two decades. He has appeared on national TV and hosted an hour-long weekly radio show in the Washington, DC area that focused on financial issues. He is often quoted in the Wall Street Journal, Investor's Business Daily, Newsweek, the LA Times and numerous financial industry publications

Glenn is President of The Monitor Group, Inc. a fee-only investment advisory firm managing approximately $185,000,000 in Fairfax, Virginia.

Customer Reviews

Good Topic, Poor Delivery
I am currently researching the use of a stochastic simulator for a Ph.D and as such make a point of seeking out any literature in this regard. Regarding the book, the concept is good but the delivery very poor. The book is expensive when you consider the size, knowledge content and quality of presentation. The book itself is also poorly bound and presented. The author has a tedious way of presenting the subject, which is unfortunate since the market requires better efforts at explaining the benefits of using stochastic models.
The only thing of value in the book is that a portfolio needs to be constructed in such a way to allow for market variability. The days of relying on a straight line calculation, extrapolated out forever are gone. If you can grasp my last sentence then there is no need to buy the book.

One of a kind!
This book is a great introduction for advisors and savvy clients getting into stochastic financial planning. I find the deterministic methods (with a constant rate of return) to be dangerously optimistic. This book clearly establishes the pitfalls of using the traditional deterministic methods

It's the only book I know that focuses on the much-needed mission to convert clients and planners to financial planning using stochastic methods that take market volatility and the client's risk tolerance into consideration.

I recommend it to anyone who wants to get a look at the big picture and look forward to Glenn's next book.