401(k)s for Dummies
Easy to read and understand, the Dummies series has specialized in making complex subject matter comprehensible to the layman. 401k's, of course, can be extremely complex. But as the General Accounting Office (GAO) notes: "401(k) plans have clearly overtaken DB plans as the principal retirement plan for U.S. workers and are likely to become the sole retirement savings plan for most current and future workers."
Thus, it is more important than ever that all workers become knowledgeable and conversant in the in the complexities of 401k's. 401(k)s for Dummies is a great way to achieve this.
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401(k)s for Dummies List Price: $16.99 Sale Price: $7.67 Used From: $4.76 Average Rating:   |
Description
Get the most out of your 401(k) in any economy Filled with sample 401(k) portfolios for every stage of life Invest your 401(k) money wisely and make the most of your retirement Want to know what kind of investment mix you need to make your retirement money grow? Don’t know what to do with a 401(k) account from your last job? Worried that your company’s 401(k) plan doesn’t cut it? Relax! This simple, plain-English guide shows you how to manage your accounts, minimize your risks, and maximize your returns. The Dummies Way Explanations in plain English "Get in, get out" information Icons and other navigational aids Tear-out cheat sheet Top ten lists A dash of humor and fun
Features
- ISBN13: 9780764554681
- Condition: USED - VERY GOOD
- Notes:
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Reviews
I must admit, I'm pretty slow when it comes to finances. It's my first year as a post-college student and I can't imagine saving my money until 59. But, I like the ideas in this book and I think I will. It explains everything! If you're an expert or not, you can use this book. I like the idea that saving for a 401k will lower the taxes on your paycheck. I'm on that borderline where if I made a little less, they wouldn't take out so much. So, I want to start a 401k to lower that income a bit. This book will make a believer out of you. There is a chapter dedicated for every excuse you may have for not wanting one (and it's easy to read). I dare you to see if you're excuse is not in there. See if they don't have a section for your special case. Prove me wrong. You won't.
Though a bit dated (2002/2003), it offers a good amount of information and detail on the 401(k) plan for the beginner. The authors build a good case and show by examples why investing for retirement is important and how starting early can make a lot of difference. It was a quick read even with a lot of financial terms explained and I believe I am wiser having read it.
