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 straight-forward, no-nonsense style, best-selling 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.
"Dan Solins 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 Dans plain-spoken advice makes him one of the Huffington Posts most popular business bloggers."
Arianna Huffington
"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
