This book is an exposé and examination of the way we save now. With the rise of the 401(k) and demise of the pension, the United States has embarked upon the richest and riskiest experiment in our financial history. Over the next 20 years, nearly 80 million baby boomers will retire at a pace of 10,000 per day. The hypothesis of our experiment is that millions of ordinary, untrained, busy citizens can successfully manage trillions of dollars in a financial system dominated by wealthy, skilled and powerful financial institutions, many of which have a record of treating individual investors shabbily.
Title: Empire of the Fund: The Way We Save Now 1st Edition
Authors: William A. Birdthistle
Publisher: Oxford University Press
Available: June 29, 2016
Pages: 195
$34.95