Description
Book SynopsisThe essential guide to getting a 401(k) plan back on track While a majority of workers have money invested in their 401(k) plans-and are relying on these funds for retirement-few truly understand how to manage and maintain these accounts, especially during the recent economic downturn.
Table of ContentsAcknowledgments.
Introduction.
Hopping onto the 401(k) Bandwagon.
PART 1: UNDERSTANDING YOUR 401(k) PLAN: WHAT IT IS, HOW IT WORKS, AND WHY YOU NEED ONE.
Chapter 1: Basics of Your 401(k) Plan.
Chapter 2: Time and Money: Your Plan’s Wealth-Building Weapons.
Chapter 3: Understanding More of the Advantages.
Chapter 4: Borrowing from Your 401(k) Account.
Chapter 5: Hardship Withdrawal.
Chapter 6: ABCs of Participation.
Chapter 7: Making Participation Easier:Automatic Enrollment.
Chapter 8: Learning Your Way around Your Plan.
Chapter 9: How to Withdraw Your Money.
Chapter 10: Roth 401(k) Accounts.
Chapter 11: Single-Participant 401(k) Plans.
PART 2: SETTING YOUR FINANCIAL GOALS: HOW MUCH MONEY WILL YOU NEED? WHERE WILL YOUR RETIREMENT INCOME COME FROM?
Chapter 12: How Taxes Can Take a Bite from Your Payouts.
Chapter 13: Living on Less.
Chapter 14: Measuring How Much Income You Will Need: Making Your Retirement Budget.
Chapter 15: How Much Money Do You Need to Save? Use the Retirement Savings Work Sheet in This Chapter to Find Out.
PART 3: MAKING A GAME PLAN—AND WINNING—UNDERSTANDING THE BIGGEST THREAT AGAINST YOUR RETIREMENT FINANCES, AND KNOWING HOW TO SELECT YOUR INVESTMENTS.
Chapter 16: Inflation:What It Is,How It Erodes Your Money, and Ways to Cope with It.
Chapter 17: Invest for the Long Haul.
Chapter 18: Invest for Steady Growth.
Chapter 19: Plan Ahead: Investment Strategy,Goals, and Time Horizon.
Chapter 20: What Is a Growth Stock Fund,Anyway?
Chapter 21: How to Pick a Growth Stock Fund.
Chapter 22: Premixed Funds.
Chapter 23: How to Do Your Investment Research.
Chapter 24: Taking Care of Your Account.
Chapter 25: Navigating Through Tough Times.
Chapter 26: Sources of Information.
Index.
