By best-selling author and syndicated columnist Don McNay, CLU, ChFC, MSFS, CSSC
The world is an increasingly complicated place, but one rule has held true for centuries: People who have financial security control the destiny of people who don't.
People who are financially secure live longer and healthier lives. They have the freedom and independence to pick what they want to do for a living, where they want to live and to create a financial legacy for their families and causes they support.
So why do so many people who “have it made” run through their money and wind up broke? Why do the majority of lottery winners, injury victims, professional athletes and people who receive an inheritance run through it all so quickly?
A better question: How do you keep it from happening to you? How do you protect your retirement, injury settlement or inheritance in a way that will keep you financially secure for life?
In his fourth book, best-selling author and financial guru Don McNay offers concrete solutions to those questions.
McNay draws upon his internationally recognized expertise on what to do when you win the lottery and his 30 years experience as a structured settlement consultant to show people how money can provide them with happiness, security and peace of mind.
Although McNay has a strong academic background with two master’s degrees and four financial professional designations, the book is written in a style that everyone can grasp and understand. He breaks the book into five sections, based on the five rules of thumb that he gave to lottery winners in his 2008 bestseller, Son of a Son of a Gambler: Winners, Losers and What to Do When You Win the Lottery.
McNay said that his book is about financial freedom. “Real freedom means stability, security and independence,” he said. “It means never running out of money. It means never having to work at a job you hate, because you can't afford to quit. It means never becoming a slave to your creditors. It means having control and stability in your life.”
Life Lessons from the Lottery: Protecting Your Money in a Scary World is the road map to finding that kind of freedom.
Don McNay, CLU, ChFC, MSFS, CSSC
Don McNay, best-selling author and financial columnist, is a structured settlement consultant and one of the world’s leading authorities on how lottery winners handle their winnings.
His syndicated financial column appears regularly in The Huffington Post and in hundreds of publications worldwide. McNay also has appeared in several hundred television and radio programs, including CBS Morning News, CBS Evening News with Katie Couric, ABC News Radio, BBC News, KPCC-Los Angeles, WLW-AM-Cincinnati, Al Jazeera-English, CBC Television (Canada), CTV (Canada) and Radio Live (New Zealand).
His insight has been sought by hundreds of print publications, including the Los Angeles Times, USA Today and Forbes.
He founded McNay Settlement Group Inc., which is part of the McNay Group (www.mcnay.com).The organization is considered one of the world’s leading experts concerning structured settlements, mass torts and qualified settlement funds. His company has been noted for its work with special needs children, along with injury victims and lottery winners.
A graduate of Eastern Kentucky University, McNay was inducted into the Eastern Kentucky University Hall of Distinguished Alumni in 1998. McNay has a master’s degree from Vanderbilt University and a second master’s in Financial Services from the American College in Bryn Mawr, Pennsylvania.
McNay has four professional designations in the financial services field.
McNay is a Lifetime and Quarter Century Member of the Million Dollar Round Table, signifying that McNay met the organization’s highly selective standards for service, production and ethical behavior in 25 different years.