If you are one of the seventy million Americans counting on your 401(k) plan to usher you into a comfortable old age, you're likely to be bitterly disappointed. Rather than benefit the employee, 401(k) plans reward employers, brokers, investment advisors, fund managers, insurance companies, unions, and lobbyists. Relying on these plans makes it increasingly difficult to retire comfortably.
In his straightforward, no-nonsense style, bestselling author Daniel R. Solin offers the new rules for investing for retirement. He 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.
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“Dan Solin’s wonderful book explains why the idea of tax-deferred retirement plans is so good and why so many plans are bad. Read it, attend to its cautions, act on its recommendations, and when the time comes enjoy a comfortable retirement.”
— John C. Bogle, founder of The Vanguard Group
“Readers of this smart, no-nonsense book will understand why Dan’s plain-spoken advice makes him one of the Huffington Post’s most popular business bloggers.”
— Arianna Huffington“Dan Solin has produced a ‘retirement savings’ masterpiece: all will lament not being taught these lessons at the beginning of life’s journey!”
— Brooks Hamilton, senior fellow with the National Center for Policy Analysis and co-author of NCPA’s Reinventing Retirement Income in America“Solin’s book will show you how to plug the leaks in your 401(k) and 403(b) plans, sidestep the minefields in your financial future sown by the investment industry, and get on the road to a secure retirement.”
— William Bernstein, author of A Splendid Exchange and The Four Pillars of Investing" some sections get a 5, but a lot of the book covered non 401k topics. "
— Mark, 7/3/2010Daniel R. Solin graduated from Johns Hopkins University and the University of Pennsylvania Law School. He is the author of the Smartest series which include The Smartest Investment Book You’ll Ever Read, The Smartest 401(k) Book You’ll Ever Read, The Smartest Retirement Book You’ll Ever Read, The Smartest Portfolio You’ll Ever Own and The Smartest Money Book You’ll Ever Read. Solin is also the coauthor of Mandatory Arbitration of Securities Disputes, which examines the fairness of the mandatory arbitration system imposed on investors by the securities industry. He testified before a congressional subcommittee investigating the mandatory arbitration system.
Arthur Morey has won three AudioFile Magazine “Best Of” Awards, and his work has garnered numerous AudioFile Earphones Awards and placed him as a finalist for two Audie Awards. He has acted in a number of productions, both off Broadway in New York and off Loop in Chicago. He graduated from Harvard and did graduate work at the University of Chicago. He has won awards for his fiction and drama, worked as an editor with several book publishers, and taught literature and writing at Northwestern University. His plays and songs have been produced in New York, Chicago, and Milan, where he has also performed.