The Story of David and Goliath, And Abby and Samson: The Aftermath

Michael J. Nathanson (), Jeffrey T. Craig (), Jennifer A. Geoghegan (), Nadine Gordon Lee (), Michael A. Haber (), Max B. Haspel (), Seth P. Hieken (), Matthew C. Ilteris (), D. Scott McDonald (), Joseph A. Salvati () and Stephen R. Stelljes ()
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Michael J. Nathanson: The Colony Group
Jeffrey T. Craig: The Colony Group
Jennifer A. Geoghegan: The Colony Group
Nadine Gordon Lee: The Colony Group
Michael A. Haber: The Colony Group
Max B. Haspel: The Colony Group
Seth P. Hieken: The Colony Group
Matthew C. Ilteris: The Colony Group
D. Scott McDonald: The Colony Group
Joseph A. Salvati: The Colony Group
Stephen R. Stelljes: The Colony Group

Chapter 5 in Personal Financial Planning for Executives and Entrepreneurs, 2021, pp 67-71 from Springer

Abstract: Abstract David survives his heart attack, but his health is precarious. David needs several months before he can seek a new job, and Abby must put more energy into her company when the couple can no longer afford to hire any help. David regrets that he did not pay attention to his employee benefits, including disability insurance. The couple realizes that, without any asset allocation strategy, they have lost most of their wealth. They must also face other consequences of their planning failures, including an unpaid retirement-plan loan, tax bills, an underwater mortgage, an expensive life insurance policy, underfunded education accounts, and aging parents with no safety net. Abby considers a sale of Slingshot, but her failure to plan for it may hinder that possibility.

Keywords: Underwater mortgages; Employee stock purchase plans; Incentive stock options; Loan balance; Large capital losses (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-65400-9_5

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DOI: 10.1007/978-3-030-65400-9_5

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