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The Great 401(k) Hoax: What You Need to Know to Protect

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Ended:Nov 12, 200912:13:30 PST
Price:US $5.15
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Item number:110445492480
Item location:Federal Heights, CO, United States
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Item specifics - Nonfiction Books
Author: Anne Colamosca, William WolmanPublisher: Perseus Books Group
ISBN-10: 0738206350Subject: Business & Economics
ISBN-13: 9780738206356Topic: --
Format: HardcoverLanguage: English
Publication Year: 2002Condition: Good
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Synopsis
THE GREAT 401(K) HOAX argues that the nation's retirement system is in disarray. It provides a 100-year examination of retirement services in the U.S., and points out how corporate greed has interceded and influenced lawmakers' decisions, passing along the hurt to the consumer. In addition, Wolman and Colamosca, two writers for Business Week, offer their own tips on what we can do to ensure our financial safety for the future.

Size
Length:246 pages
Height:9.3 in.
Width:6.3 in.
Thickness:1.0 in.
Weight:16.8 oz.

Publisher's Note
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.


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Product Category : Books
ISBN : 0738206350
Title : The Great 401(k) Hoax: What You Need to Know to Protect Your Family and Your Future
EAN : 9780738206356
Authors : Bill Wolman, Anne Colamosca, William Wolman
Binding : Hardcover
Publisher : Basic Books
Publication Date : 2002-05
Pages : 256
List Price (MSRP) : 26.00
Height : 1.0000 inches
Width : 6.2000 inches
Length : 9.2000 inches
Weight : 1.0500 pounds
Keywords : General, General AAS, Introduction, Management, Hardcover, Printed Books
Condition : Good
Classification Notes : Used Condition - GOOD can be a well cared for Book that is in great condition to a Book that may show some signs of wear. GOOD Books sometimes are permanently marked; have some spine or page creases; exibit signs of aging or an ExLibrary copy.

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