New Century, New Deal: How to Turn Your Wages into Wealth Through Social Security Choice [Hardcover]

Wade Dokken (Author)

Book Description

Publication Date: October 3, 2000

A financial industry CEO and lifetime Democrat challenges the Washington status quo on the most important personal finance issue of our time.

Editorial Reviews

Review

"...Every Democrat should read this book!" -- Sam Beard, Chairman of Economic Security 2000 and former economic advisor to Sen. Robert Kennedy

"...It's the right message at the right time. Well done." -- Steve Forbes, CEO of Forbes Inc., and editor-in-chief of Forbes magazine

"...This is a timely, well-researched book that deserves a close reading." -- Tom Marsico, Chairman of Marsico Capital Management and former manager of the Janus Twenty Fund

"Wade Dokken is a true visionary....The wealth-creating power of the markets should not be exclusively available to the wealthy..." -- David Alger, Named Mutual Fund Manager of the Decade by USA Today and Money magazine

About the Author

Wade Dokken is president and chief executive officer of American Skandia, Inc., one of the fastest growing financial services companies in the U.S. He lives with his wife and three sons in Weston, Connecticut.

Product Details

• Hardcover: 144 pages
• Publisher: Regnery Publishing; First Edition edition (October 3, 2000)
• Language: English
• ISBN-10: 0895262401
• ISBN-13: 978-0895262400
• Product Dimensions: 9 x 6 x 0.8 inches
• Shipping Weight: 12 ounces (View shipping rates and policies)
• Average Customer Review: 4.4 out of 5 stars  See all reviews (7 customer reviews)
• Amazon Best Sellers Rank: #4,351,618 in Books (See Top 100 in Books)

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

Most Helpful Customer Reviews

7 of 9 people found the following review helpful:

5.0 out of 5 stars This book is entertaining and motivating!, September 30, 2000

By A Customer

This review is from: New Century, New Deal: How to Turn Your Wages into Wealth Through Social Security Choice (Hardcover)

This is the first book on financial matters that made me laugh. I'm amazed to feel both enlightened and entertained by a book on such a serious subject matter. And, who'd have thought that a Democrat would criticize his own party so deeply. This book could be the key to turning the politicians (slowpokes) around on a REAL honest approach to rescuing us from the outdated and ineffective Social Security system we're stuck in. As a Gen-Xer I'm baffled at why this commonsense approach isn't already in place. I plan to give this book to many friends and be a part of changing the system!

4 of 6 people found the following review helpful:

5.0 out of 5 stars I can save 12% from Social Security, October 11, 2000

By A Customer

This review is from: New Century, New Deal: How to Turn Your Wages into Wealth Through Social Security Choice (Hardcover)

I naively did not know that 12% of my income is witheld for Social Security taxes. More disheartening, I did not know that I receive only a 2% return on this money.

Ouch.

However, New Century New Deal, made a great point. I could own some or most of this money and earn mutual fund rates of return. I am a believer and you will be if you read this book.

4 of 6 people found the following review helpful:

5.0 out of 5 stars Finally, an honest, accurate assessment of social security, October 8, 2000

By A Customer

This review is from: New Century, New Deal: How to Turn Your Wages into Wealth Through Social Security Choice (Hardcover)

If you are as tired as I am of hearing conflicting political "plans" of how to "save" social security, here is a Wall Street CEO (and a democrat!) willing to go the distance. New Century, New Deal openly advocates major reforms including giving you more say in how your money is invested. Dokken takes his own party to task in a refreshing rebuke of Gore's current scare tactics. A common sense approach to one of our Nation's great debates.