8 of 9 people found the following review helpful:
Don't get this book, unless you already understand an IRA!, 2000-09-03
Sure, I'll concede... he has put some excellent work into the flow charts in the book. They are so simple that my cat could figure out which IRA is best for her. Still, neither I nor patches still have a clue as to what rules govern what we are allowed to do with our money in our IRAs. Perhaps I came to the book expecting too much, but I would think the devotion of a chapter on at least explaining IRA basics was meritted.Otherwise I found the book was a good resource for determining which route to take, and if you were even eligible for a Roth IRA.
Perhaps I should have read the back of the book better before buying it.
6 of 7 people found the following review helpful:
Great tables to evaluate whether Roth or Traditional is best, 1999-03-17
I bought this book to help me prepare for seminars I presented on the Roth IRA. It gave a clear understanding of the rules for Roth contributions, but its greatest strength was the tables that let one compare the future benefits of Roth/Traditional IRA based on current and future tax brackets, rates of return, as well as present age. Another feature was dealing with the future value of what Gary calls "Opportunity Costs" when considering a conversion from traditional IRAs to Roth Conversion. Opportunity costs is the future value of the money that needs to be paid to the government when the IRA is converted. Again, current and future tax brackets, age, and rates of return are clearly presented. A must for anyone who really wants to get a grasp on the numbers and not just skim along the surface.
1 of 2 people found the following review helpful:
Vey informative and helpful, 1999-02-23
This book is a must for anyone looking for an easy to understand explanation of a very useful, new financial instrument.
1 of 2 people found the following review helpful:
Very helpful, 1999-02-01
Prospective ROTH IRA purchasers should read this book before investing
1 of 1 people found the following review helpful:
Finally a book that makes sense!, 1999-01-21
Finally, a source for some interesting considerations to take into account, before jumping head first, into a Roth IRA conversion. This book was very informative about the process of conversion into a roth IRA. The author was very intresting and easy to understand. I would recommend this book for anyone that is concernd with there investments for there retirement future.