Securing Your Financial Future: How to Maximize Your 401 (K)

by Meredith, Betty

• ISBN13: 9780970222015
• ISBN10: 0970222017
• Format: Paperback
• Copyright: 2000-10-01
• Publisher: Discover Learning Inc

Table of Contents

Introduction	1	(2)
Securing Your Financial Future: How to Maximize Your 401(K)	3	(1)
The Process for Maximizing Your 401(K)	4	(1)
What We Will Cover in This Program	5	(2)
How Much Should You Save?	7	(16)
What Percent of My Current Income Do I Target Saving For Retirement?	8	(2)
Estimating Retirement Income Needs-Example	10	(1)
Estimating Retirement Income Needs--for You	11	(1)
Where Will You Get Your Retirement Income?	12	(2)
How Much to Target Saving Each Year for Retirement	14	(8)
Putting Your Plan into Action	22	(1)
Maximize and Protect Your Money	23	(32)
Know Your Plan	24	(1)
Answers to the ``Know Your Plan'' Quiz	24	(2)
Investment Concepts	26	(3)
Compound Interest	26	(2)
Inflation	28	(1)
Protecting Yourself from Inflation	29	(3)
What Can You Do to Combat Inflation?	30	(1)
Your Real Rate of Return	30	(1)
So What is a ``Safe'' Investment?	31	(1)
Understanding Common Terms	32	(1)
Answers to the ``Common Terms'' Quiz	33	(1)
Understanding Investment Choices	34	(1)
Understanding Your Plan's Investment Choices	35	(1)
Taking Stock of Your Investment Alternatives	36	(2)
Investing with Style	38	(1)
Common 401(K) Savings Investment Options	39	(1)
Handling Risk Wisely	40	(10)
Time Horizon	41	(2)
Higher Rates of Return	43	(2)
The Rule of 72	45	(2)
Diversification	47	(2)
Dollar Cost Averaging	49	(1)
So What Does Dollar Cost Averaging Mean To You?	50	(1)
Applying What You've Learned	51	(1)
Protecting Your Money Against Types of Risk	52	(1)
Answers to ``Protecting Your Money Against Types of Risk''	53	(1)
Reflect on risk	53	(2)
How to Make an Informed Investing Decison	55	(10)
Where Do You Start?	56	(1)
Defining Your Investment Profile	57	(1)
Identifying Your Personal Tolerance for Risk	58	(1)
Asset Allocation Examples from Conservative (A) to Aggressive (E)	59	(1)
So How Does an Informed Asset Allocation Decision Benefit You?	60	(2)
Putting Your Plan into Action	62	(3)
Plan Information	65	(10)
Know Your Retirement Savings Plan	66	(2)
Questions Regarding Your 401(k)	66	(1)
Reading Your 401(k) Statement	67	(1)
Tracking Your Investments	68	(3)
What to Do Now	71	(1)
Questionnaire	72	(2)
Answers to the Questionnaire	74	(1)
Annual Update System	75	(1)
Resources	76	(1)
Taxes and Your 10% 401(K) Contribution	77	(1)
Calculating Your Retirement Gap	78	(3)
Defining Your Investment Profile	81	(1)
Action Plan	82	(2)
Sample Action Plan	84	(2)
Web Sites of Interest*	86