No need to panic. Written by financial experts, this essential guide tells investors how to keep their investments safe in this difficult economy. Readers will discover how economic upswings and downturns affect investment plans, and what can be done to anticipate these trends; changes in investment rules and guidelines and their impact on 401(k)s and IRAs; and how to identify the proper investment decisions for their needs. - On NPR's March 7, 2008, broadcast of All Things Considered, discussion centered on new weaknesses in the economy, and quite a bit of time was devoted to a story on how to protect your 401(k) - In 2000, 40 million 401(k) participants had an average account balance of about $50, 000 and total assets of $2 trillionyou should target saving 15 percent of your gross pay toward retirement savings. This includes all the money you put into your personal IRAs or Roth IRA accounts , as well as your retirement plans at work and the amount your employeranbsp;...
|Title||:||The Complete Idiot's Guide to Protecting Your 401 (K) and IRA|
|Author||:||Bill Lane, Jennifer Lane, CFP|
|Publisher||:||Penguin - 2009-03-03|