Book Description: Begin planning now for a lifetime of Financial securityThe new Ernst & Young's Personal Financial Planning Guide, Second Edition is now better than ever. Drawing on the incomparable experience of Ernst & Young, it's still the most comprehensive, authoritative guide you can buy. Its practical tips and investment strategies will start you on the road to smart financial planning today.The Second Edition is packed with new ways to help you reach your lifetime financial goals. Here's just some of what's new: Managing the financial challenges of single parenting and widowhood Dealing with early retirement, corporate buyouts, and involuntary layoffs Expanded coverage of proactive retirement planning Fully updated contacts for print and online financial servicesLike two books in one, this practical, hands-on guide helps you understand the principles of financial planning and apply them to your individual needs. Part One covers all the basics, such as setting goals, understanding investments, building wealth, and managing your finances. Part Two offers a unique "life event" approach to financial planning with specific strategies you can use for different life situations, such as getting married, raising a family, saving for your children's education, starting a business, or planning for your retirement. updated edition!The Taxpayer Relief Act of 1997: what's new, what's different, and how can you make the most of it? Ernst & Young's Personal Financial Planning Guide, Second Edition explains how the new rules affect financial planning, from IRAs and capital gains to selling your home and financing your children's education.