{"product_id":"the-great-401k-hoax-william-wolman-9780738208527","title":"The Great 401(k) Hoax: Why Your Family's Financial Security Is at Risk, and What You Can Do about It","description":"According to business and finance journalists Bill Wolman and Anne Colamosca, the American public has been hoodwinked: 401(k)s, the most popular mechanism for retirement investing, were established to satisfy corporate, not individual, interests. They are replacing defined benefit-pension plans at an alarming rate and are vulnerable to the vicissitudes of the market, which -- if history serves as our guide -- is destined for at least a decade of lackluster performance. Drawing on primary historical and contemporary data, Wolman and Colamosca build a compelling case against the 401(k) as a tool for ensuring long-term financial security. They urge individuals and families to diversify their savings and investments, building conservative portfolios that include bonds, high-dividend stocks, and savings. In the process, they explore the colorful social history of our love-hate relationship with the stock market and address many key questions facing any family today, such as: How do I accumulate enough wealth to educate my children and retire comfortably? How secure are my sources of income and how can I anticipate change? Timely and incisive, \u003ci\u003e The Great 401(k) Hoax\u003c\/i\u003e is guaranteed to inspire debate and action from the water cooler to the boardroom to the voting booth.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e William Wolman,Anne Colamosca\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0738208523\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780738208527\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Basic Books\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 04\/03\/2003\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 272\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.73lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.88h x 6.05w x 0.76d","brand":"William Wolman","offers":[{"title":"Paperback","offer_id":47579602387199,"sku":"9780738208527","price":21.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_e0baf9d7-9568-4b72-9397-b758c4e2c354.jpg?v=1763875338","url":"https:\/\/www.whiterainbookhouse.com\/products\/the-great-401k-hoax-william-wolman-9780738208527","provider":"WR Book House","version":"1.0","type":"link"}