The Smartest 401k Book You'll Ever Read Maximize Your Retirement Savings...the Smart Way!

by Solin, Daniel R.

• ISBN13: 9780399534522
• ISBN10: 0399534520
• Format: Hardcover
• Copyright: 2008-06-24
• Publisher: Perigee Trade

Summary

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.

Author Biography

Daniel R. Solin, a leading securities arbitration lawyer and Registered Investment Advisor, is a principal in Academic Wealth Management, LLP. He is the financial advice columnist for The Huffington Post and a frequent guest on national television and radio shows.

Table of Contents

Rules for All Investments
The Amazing Story of Wan Ba-shi	p. 3
Small Change Can Break the Bank	p. 6
Passive Is Aggressive	p. 10
A Simple Strategy for Superior Returns	p. 14
Just Because It Quacks, It May Not Be a Duck!	p. 17
"Hot" Advice Can Give Cold Comfort	p. 19
"Hot" Funds ... and Other Fables	p. 21
Don't Confuse Activity with Progress	p. 23
Risky Behavior	p. 26
When Bigger Isn't Better	p. 29
Lose the Empty Calories	p. 32
The Simplest Way to Beat the "Pros"	p. 35
Your Biggest Investment Decision Takes Only Fifteen Minutes	p. 37
Simple Investing Is Smart Investing	p. 39
DFA's Way (or the Highway)	p. 42
Keep Your Balance by Rebalancing	p. 46
401(k) Plans: Rigged to Rob Your Nest Egg
Can You Feel Guilty Without a Conscience?	p. 51
Knowledge Is Power	p. 54
So Many Fees, So Little Time	p. 56
Company Stock: The Nail in the 401(k) Coffin	p. 60
If It's Broken, Fix It!	p. 63
How to Beat a Rigged 401(k) System
Why Fifteen Is Your Magic Number	p. 67
Smart Investing in a Dumb Plan	p. 70
Beat a Rigged System	p. 72
Cheat the Cheaters with an IRA	p. 76
When Cashing In Is Cashing Out	p. 79
The Trick to Transferring Company Stock	p. 82
Can a Fox Advise the Chickens?	p. 85
Beware of "Financial Professionals" Bearing Gifts	p. 88
It's So Easy, the Government Did It!	p. 92
Evaluating Your Own 401(k)	p. 95
Lobbying for the 401(k) You Deserve	p. 98
The Care and Feeding of Your IRA
The Neglected IRA	p. 103
The Nuts and Bolts of IRAs	p. 106
Fall in Love with the Roth IRA	p. 108
Want to Leave Your IRA to the USA?	p. 111
403(b) Plans and Annuities-They Make 401(k) Plans Look Good!
403(b) Plans: A National Disgrace	p. 117
Looking for Help in All the Wrong Places	p. 120
The Annuity Scam	p. 122
Feeding at the Annuity Trough	p. 125
Variable Annuity Rip-Off	p. 128
Equity Indexed Annuities Are Inequitable	p. 131
Divorcing an Annuity	p. 134
Standing Up to Goliath-and Winning!	p. 138
Taking on the Sacred Cow	p. 140
Help Is on the Way	p. 142
Does a Better Past Mean a Better Future?	p. 144
Alternatives to Traditional Retirement Plans
Deferred Compensation Plans for Highly Compensated Employees: A Good Deal ... for the Securities Industry!	p. 149
Immediate Annuities: The Good Cousin	p. 153
Reaping Your Retirement Benefits	p. 157
The Closing Argument
A Plea for Change	p. 161
The Journey's End	p. 164
Who Says So?	p. 167
Asset Allocation Questionnaire	p. 201
Risk and Return Summary	p. 209
Letter to Employee Benefits Office	p. 213
Acknowledgments	p. 215
Index	p. 219
Table of Contents provided by Ingram. All Rights Reserved.