by Daniel R. Solin
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| List Price: | $19.95 |
| Amazon Price: | $13.57 & eligible for FREE Super Saver Shipping on orders over $25. |
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| Lowest New Price: | $9.97 |
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Product Description
The guide readers need to retire richer—from the international bestselling author of The Smartest Investment Book You’ll Ever Read.
In this thought-provoking and innovative new book, bestselling author Daniel R. Solin takes issue with the commonly held belief that participating in defined contribution retirement plans is a “no-brainer” because of the employer match.
While providing readers with comprehensive, accessible information on the most common deferred compensation plans, annuities, and other retirement-based investments, he shows the 70 million participants currently in those plans how to create the best portfolio with often limited options.
In his straight-forward, no-nonsense style, Solin offers the new rules for investing for retirement and shows readers how to quickly and simply determine their own needs, get control of their assets, avoid scams and sucker bets, discover untapped resources at retirement, and eventually get income out of tax deferred plans—the smart way.
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Average Customer Review:
0 of 0 people found the following review helpful:
Financial Freedom Years Earlier, 2008-07-05
Dan Solin's book, "The Smartest 401(k) Book You'll Ever Read", is a winner. His thesis is that investing should be simple, and he walks this talk by writing about investing in such a manner as to make it simple, fun, and easy to understand for the reader.
He offers far more than another book about how Wall Street and the insurance industry are ripping us off in our 401(k) and 403(b) retirement accounts. Though Mr. Solin does explain how our hard earned money is siphoned off by the "experts" that provide these plans, he also explains practical easy steps we can take to minimize the impact. These steps include:
* Using an IRA with better options.
* Rolling the 401(K) to the IRA when you leave an employer.
* Picking the "least bad" funds within a poor retirement plan.
* Choosing assets that fit with the rest of our nest egg.
* Joining the investment committee of our employer's plan.
Albert Einstein once said "if you can't explain it simply, you don't understand it well enough." Dan Solin gets it and explains it with brilliant simplicity!
If you want financial independence years earlier, "The Smartest 401(k) Book You'll Ever Read" is for you. It will give you sound and simple advice that's equally simple to implement.
For those who make their fortunes from providing these outrageously expensive plans, you'll hate this book. Read it anyway.
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