Standard & Poor's 401 (K Planning Guide)

401(k) plans are the fastest growing employee benefit in the U.S. Yet few plan participants understand what they need to know in order to get the most out of their 401(k).
That is about to change. Written by a Wall Street expert with more than 30 years of hands-on experience, this book provides definitive help for all 401(k) plan participants. Alan J. Miller shows you how you can use your 401(k) to best advantage and explains in easy-to-understand language the basic principles of investing and financial planning.
Miller describes strategies for personalizing your own retirement plan. He shows you how to avail yourself of tax deferral opportunities - and explains why it is important that you do so. He discusses the circumstances under which you should consider changing your asset allocation - and when you should not. And he tells you everything you should know about "life cycle investing"; the "magic of compounding"; the advantages of diversification; employer "matching" grants; "lump sum distributions"; the different risk-reward attributes of stocks, bonds, money market funds, and GICs; and much, much more.
You'll get the most up-to-date information, advice, and resources - including worksheets, a psychological risk profile quiz that will help you determine just how much risk you are comfortable assuming, and a variety of sample portfolios - all designed to enable you to maximize your potential for a secure financial future.