A detailed guide for avoiding the pitfalls of retirementfunding
In Stop the Retirement Rip-Off, author David Loeperprovides the necessary tools for investors to take action and makethe most of their retirement plans. It offers a road map foremployees to understand the fees and costs associated with theirplans; document the excesses in a presentation to management; thenorganize themselves to protest and, if necessary, bring thedocumentation to the Labor Department in a complaint.
Written in a straightforward and accessible style, this book isfilled with sensible strategies for making the most of retirementfunds and putting future retirees back on the right financialtrack.
* Filled with strategies that can help employees stand up andsecure their financial future
* Addresses how to make the most of your money, and your life,after fixing your retirement plan
* Outlines a practical approach to understanding yourorganization's retirement plan and overcoming its potentialinefficiencies
This important book contains the much-needed information thatemployees need to plan for retirement and ensure a secure financialfuture.
Introduction Make the Most of Your Life! 1
Chapter 1 Why Fees Matter--The Coming "Retirement PlanSticker Shock" 11
Chapter 2 Types of Expenses Dragging Down Your Retirement Funds25
Chapter 3 The Price to Your Lifestyle of Needless Expenses39
Chapter 4 Complaining Without Sounding Like a Complainer 55
Chapter 5 Rallying Your Troops--Just One Coworker Can Help63
Chapter 6 What Happens If My Employer Ignores Us? 69
Chapter 7 Now That My Retirement Plan Is Fixed, How Can I Makethe Most of My Life? 79
Chapter 8 Resources, Investment Selection, Asset Allocation,Tools, and Advice 91
Chapter 9 How Much is That Guarantee in the Window? 121
Chapter 10 Hidden Expenses in Government Union and Some 403(b)Plans 131
Chapter 11 Summary 137
Appendix A Lifestyle Prices of Excessive Retirement PlanExpenses 139
Appendix B ABC Plan-401(k) Plan Fee Disclosure Form 205
About the Author 217