From Library Journal
The retirement value of a 401(k) plan depends largely on how it was invested. Merritt, the president of the nonprofit National Association of 401(k) Investors, explains here the basics of stocks, bonds, mutual funds, tax-deferred investing, risk, and asset allocation. He provides a worksheet for readers to collect information on a specific 401(k) plan and another to evaluate investments. Merritt's book is applicable to other types of investing as well, such as 403(b) plans and IRAs. His writing is occasionally dry, and some of the tables and charts could use more explanation, but novice investors will find it a solid introduction. Many readers will want to supplement the material on mutual funds with other works, such as John C. Bogle's Bogle on Mutual Funds (LJ 10/15/93). Recommended for all public and academic libraries where personal finance books are collected.?Lawrence Maxted, Gannon Univ., Erie, Pa.
Copyright 1997 Reed Business Information, Inc.
Copyright 1997 Reed Business Information, Inc.
Review
The price tag's a little weighty for this standard-size paperback, but this updated second edition packs in the charts and graphics and encourages employees to participate in the management of their 401(k) plans to achieve superior retirement benefits. Use just two simple calculations to better understand retirement success avenues. -- Midwest Book Review
