Customer Reviews

The Scarborough Plan : Maximizing The Power of Your 401(k)

5 star:		(9)
4 star:		(0)
3 star:		(0)
2 star:		(0)
1 star:		(5)

 

 

This is a great book for those who really don't have any idea on how to take their retirement accounts and really put them to work for themselves. It provides world-wise tips on planning for retirement, what retirement really is (or should be), and how to set yourself up properly. All this, and witty at the same time - all in all, a great read!

The Scarborough Plan: Maximizing The Power Of your 401(k) presents a comprehensive and effective system for retirement investment planning. 401(k) investment advice pioneer Michael Scarborough writes with humor and expertise, carefully and intelligible taking the reader step-by-step through every stage of the retirement planning process. What makes The Scarborough Plan stand out from a host of other financial planning "how to" books is its informal conversational style peppered throughout with no-nonsense advice, insights, anecdotes and humor. If you have, or are considering, a 401(k) program of your own, then you need to sit down and read The Scarborough Plan!

This book offers a good, well balanced and easily laid out process for making sense of retirement planning. The big picture is much clearer now. He addressed everything you would need to accomplish in order to successfully retire. And thanks to this book I now have a clear plan.

Thanks for the help

Being a 401(K) administrator, I am relieved to finally see a book available to the public that is down to earth on a topic so many people have a hard time understanding.

Mike took a confusing and frustrating topic and put it into real life scenarios that allows the common man or woman to understand what they need to do to live a comfortable retirement.

I highly recommend this book to any one of any age who has a disire to live a comfortable retirement.

Fundamental step-by-step instructions for investing in your future! For a novice looking for essential advice on how to save, plan, and manage, this is the book for you! This contains simple yet detailed information on WHY people should save (i.e. college expenses and how to buy that nice BIG yacht AFTER you pay off the children's undergrad, grad, and doctorate tuition:)) and HOW to save (tax-deferred retirement accounts) with an emphasis on TIME; the key is to start saving now to get the most for your hard earned money. Not only does this guide help in your 401k management, but it also gives humorous little antecdotes to bring what many would call a confusing and complex topic into layman terms. A great read!

I'm not 12, just under the wrong section. I am 23. The book is excellent to say the least. I don't think it could have come at a better time. It seems like a lot of people have 401k and we have all been getting advice from the self-proclaimed investment guru in the office next to us at work. This is the first book I have ever come across that gives the type of advice that is useful to individual investors that are looking for some type of direction for their money. Scarborough helps the reader realize that an investment plan and a retirement plan is just as important as saving itself.

Scarborough preys on the gullibility and ignorance of the average investor. In addition, his writing style is heavy and dull. Finally: Some of his (favorable) reviews have been written by employees of his company (such as Clay Dietz). My guess these are about authentic as a "Yes" vote for Saddam!

Clay Dietz works for Michael Scarborough...no wonder he wrote such a glowing review of this book. I wonder how many other of these 5 stars reviews are posted by employees?

This book was absolutly fabulous. It helped me to understand why I must contribute to my 401k. The Author seems to have great insight. I would recomend this book to anyone it is easy to read and insightful.

Mr. Scarborough's book helped me to finally understand the basics of managing my 401(k) plan. I haven't been able to get any help from my company, and this book put everything into perspective for me. I now understand why I'm investing through a 401(k) and how to spread out my investments to reduce the chance I'll lose all my money. I also liked his explanation of what a 401(k) is and my company's role in managing it.