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Stop the Retirement Rip-off
How to Keep More of Your Money for Retirement

David B. Loeper (Author)

9781118133040, Wiley

Paperback / softback, published 16 December 2011

240 pages
23 x 15.4 x 1.8 cm, 0.299 kg

A detailed guide for avoiding the pitfalls of retirement funding

In Stop the Retirement Rip-Off, author David Loeper provides the necessary tools for investors to take action and make the most of their retirement plans. It offers a road map for employees to understand the fees and costs associated with their plans; document the excesses in a presentation to management; then organize themselves to protest and, if necessary, bring the documentation to the Labor Department in a complaint.

Written in a straightforward and accessible style, this book is filled with sensible strategies for making the most of retirement funds and putting future retirees back on the right financial track.

  • Filled with strategies that can help employees stand up and secure 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 your organization's retirement plan and overcoming its potential inefficiencies

This important book contains the much-needed information that employees need to plan for retirement and ensure a secure financial future.

Preface xi

Acknowledgments xvii

Introduction Make the Most of Your Life! 1

Chapter 1 Why Fees Matter—The Coming "Retirement Plan Sticker Shock" 11

Chapter 2 Types of Expenses Dragging Down Your Retirement Funds 25

Chapter 3 The Price to Your Lifestyle of Needless Expenses 39

Chapter 4 Complaining Without Sounding Like a Complainer 55

Chapter 5 Rallying Your Troops—Just One Coworker Can Help 63

Chapter 6 What Happens If My Employer Ignores Us? 69

Chapter 7 Now That My Retirement Plan Is Fixed, How Can I Make the 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 Plan Expenses 139

Appendix B ABC Plan-401(k) Plan Fee Disclosure Form 205

About the Author 217

Index 219

Subject Areas: Finance & accounting [KF]

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