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Stop the 401(k) Rip-off!: Eliminate Costly Hidden Fees to Improve Your Life

Stop the 401(k) Rip-off!: Eliminate Costly Hidden Fees to Improve Your Life
Author: David B. Loeper
Publisher: Bridgeway Books
Category: Book

List Price: $15.95
Buy New: $4.50
You Save: $11.45 (72%)



New (39) Used (25) from $2.71

Avg. Customer Rating: 5.0 out of 5 stars 21 reviews
Sales Rank: 1699

Media: Paperback
Number Of Items: 1
Pages: 197
Shipping Weight (lbs): 0.5
Dimensions (in): 8.8 x 5.9 x 0.8

ISBN: 1934454079
Dewey Decimal Number: 332.024
EAN: 9781934454077
ASIN: 1934454079

Publication Date: October 15, 2007
Availability: Usually ships in 1-2 business days
Shipping: Expedited shipping available
Shipping: International shipping available
Condition: Straight from distributor and unread -- excellent condition with perfect binding and little-to-no wear; not an advance or retired library edition; no writing or highlighting; gift-quality

Customer Reviews:
Showing reviews 6-10 of 21
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3 out of 5 stars A common sense way to calculate costs.   January 4, 2008
 1 out of 8 found this review helpful

I am surprised that the book got so many five star reviews. There is nothing mentioned in the book that a somewhat experienced investor will not know. I am all for bringing light to anything about investing though.


5 out of 5 stars An awareness of 401(k) fees - Critical to helping you reach your retirement objectives   January 1, 2008
 4 out of 5 found this review helpful

As David points out in his book, employees should know about the fees and conflicts of interest regarding the investment choices in their 401(k) plans. There continues to be a lack of education for participants with regard to the investment assets within qualified retirement plans. It's not easy for people to know about potential conflicts of interest pertaining to the investment options available through 401(k) plans.

Readers of this book can make more informed decisions about the investment options selected when they know how to evaluate, among other things, the disclosures mutual fund companies provide about their fees and conflicts of interest.

Another logical solution to the lack of information about 401(k)'s and other qualified plans is for people to augment their education by reading books such as David's or by obtaining specific investment advice provided by a qualified fiduciary advisor.

I recommend this book which should help people better understand the financial products they are invested in and the services they receive in order for them to reach their retirement objectives.

Bill Griffith, Jr., CFP / Author of Securing a Retirement Income for Life



5 out of 5 stars A must read for 401(k) participants and 401(k) administrators   December 18, 2007
 6 out of 6 found this review helpful

Hidden fees are a drag on your wealth accumulation and retirement goals. To have a better and richer retirement, read this book. Share it with your boss and your H/R department. Don't accept over priced 401(k)'s -- fight back!


5 out of 5 stars a fine book   December 18, 2007
 5 out of 5 found this review helpful

The author seems genuinely concerned about people losing money to
unscrupulous money managers. The book is very informative.



4 out of 5 stars SAGE ADVICE   November 23, 2007
 5 out of 6 found this review helpful

Retirement accounts are more important than ever before. With the slow demise of Social Security and Americans' complete inability to save for retirement, the rip off of our 401k retirement plans should be heeded like never before. If you care about your 401K, your IRA, and having a safe, secure retirement, read this book.

Americans are usually about as concerned with retirement planning as they are with the Lithuanian lottery. But that has to stop. Thanks to this book and books like Ric Edelman's most recent maybe people will wake up to the abuse of retirement accounts in this country.

The book is well written, succinct, direct, and holds no punches. The only place it falls a little short is in repetition. At times in later chapters the book repeats what was said earlier.

This is perhaps the best book related to retirement planning I've read. The funniest book related to retirement I've read is Martha Bolton's "Race You To The Fountain of Youth". Race You to the Fountain of Youth: I'm Not Dead Yet (But parts of me are going fast)



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