The Great 401(K) Hoax. What You Need to Know to Protect Your Family and Your Future

Language: English

Published by INGRAM PUBLISHER SERVICES US, 2002

0738206350 / 9780738206356

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Seller: Barksdale Books, Almere, NetherlandsBarksdale Books

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Hardcover

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How the 401(k) has come to dominate the American family's long-term investment portfolio, why it is inadequate--and what to do about it. }According to business and finance journalists Bill Wolman and Anne Colamosca, the American public has been hoodwinked: 401(k)s, the most popular mechanism for retirement investing, were established to satisfy corporate, not individual, interests. They are replacing defined benefit-pension plans at an alarming rate and are vulnerable to the vicissitudes of the market, which--if history serves as our guide--is destined for at least a decade of lackluster performance. Drawing on primary historical and contemporary data, Wolman and Colamosca build a compelling case against the 401(k) as a tool for ensuring long-term financial security. They urge individuals and families to diversify their savings and investments, building conservative portfolios that include bonds, high-dividend stocks, and savings. In the process, they explore the colorful social history of our love-hate relationship with the stock market and address many key questions facing any family today, such as: How do I accumulate enough wealth to educate my children and retire comfortably? How secure are my sources of income and how can I anticipate change? Timely and incisive, The Great 401(k) Hoax is guaranteed to inspire debate and action from the water cooler to the boardroom to the voting booth. }.…

Seller Inventory # 926181

Title
The Great 401(K) Hoax. What You Need to Know to Protect Your Family and Your Future
Author
Anne Colamosca, Bill Wolman
Publisher
INGRAM PUBLISHER SERVICES US
Publication year
2002
Condition
Good
Binding
Hardcover
Language
English
ISBN 10
0738206350
ISBN 13
9780738206356

Barksdale Books

Almere, Netherlands

5-star seller

AbeBooks seller since August 5, 2025

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