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Stop the 401(k) Rip-off!: Eliminate Costly Hidden Fees to Improve Your Life written by David B. Loeper Studio : Bridgeway Books by Bridgeway Books Publisher : Bridgeway Books Released : 2007-10-15 Availability : Usually ships in 1-2 business days Number of Items : 1 EAN : 9781934454077 Avg. Customer Rating: (based on 19 reviews)
List Price : $15.95 Our Price : $4.74
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Book Description |
-- How would you spend an extra $4,000 a year for the next twenty-five years? -- How much more secure would your retirement be with an extra $100,000 or more? -- How much more time could you spend at your family dinner table if you could work an hour less each day? -- What would you do in retirement if you could retire three years earlier? Your 401(k) plan is probably one of your most important future sources of financial security. This book makes it easy for you to take the five steps needed to add more than $100,000 to your retirement nest egg without taking more risk or saving more money. This can allow you to improve your lifestyle, increase your benefits, identify the hidden costs and also improve your standing within your company by proactively helping your employer to take needed action. |
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The winner's manual for the 401(k) game |
Dave Loeper exposes the dark, hidden and arguably unscrupulous (yet legal) ways 401k participants have been (and continue to be) robbed. More significantly he gives you the knowledge to fix this injustice. Read this book and act on it or prepare to cry about it during your retirement or lack thereof.
From my experience as a retirement plan consultant, investment advisor and independent fiduciary; it is a sad commentary that almost every employer I meet isn't even aware of the basic retirement plan issues (let alone the remedies) highlighted in this book.
After reading this book you will know more than your employer about your broken 401k plan, more importantly, you will have the blueprints to help them fix it.
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Every American should read |
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My name is Matthew Hutcheson. I'm an independent pension fiduciary, and have studied retirement plan economics for over fifteen years. Every American worker with a 401(k) (or a 403(b)/457 for that matter) should put this book on the top of their reading list. The information contained in this book could be worth many thousands of extra retirement dollars to you down the road. Mr. Loeper should be congratulated on one of the most important and practical retirement books of the decade. |
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Insightful |
What an incredible book! So many people invest in retirement programs. So many companies offer these programs. Sadly, very few people or companies negotiate well or know where to start. I found this book very helpful and a special discovery to the process of reviewing a company's retirement plan.
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A common sense way to calculate costs. |
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I am surprised that the book got so many five star reviews. There is nothing mentioned in the book that a somewhat experienced investor will not know. I am all for bringing light to anything about investing though. |
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An awareness of 401(k) fees - Critical to helping you reach your retirement objectives |
As David points out in his book, employees should know about the fees and conflicts of interest regarding the investment choices in their 401(k) plans. There continues to be a lack of education for participants with regard to the investment assets within qualified retirement plans. It's not easy for people to know about potential conflicts of interest pertaining to the investment options available through 401(k) plans.
Readers of this book can make more informed decisions about the investment options selected when they know how to evaluate, among other things, the disclosures mutual fund companies provide about their fees and conflicts of interest.
Another logical solution to the lack of information about 401(k)'s and other qualified plans is for people to augment their education by reading books such as David's or by obtaining specific investment advice provided by a qualified fiduciary advisor.
I recommend this book which should help people better understand the financial products they are invested in and the services they receive in order for them to reach their retirement objectives.
Bill Griffith, Jr., CFP / Author of Securing a Retirement Income for Life |
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