Stop the Retirement Rip-off (eBook)

David B. Loeper is the CEO of Financeware, Inc. Prior to founding Financeware in 1999, Loeper was managing director of strategic planning for the retail brokerage division of Wheat First Union and served on the Investment Advisory Committee of the almost $30 billion Virginia Retirement System. Loeper has been active in several industry associations, including the Investment Management Consultants Association (IMCA). He has also been a featured speaker at numerous industry events and often contributes to industry publications, as well as appearing on CNBC, Bloomberg TV, Fox Business, CNN, and Yahoo! FinanceVision.

Preface xi

Acknowledgments xvii

Introduction Make the Most of Your Life! 1

Chapter 1 Why Fees Matter--The Coming "Retirement Plan
Sticker Shock" 11

Chapter 2 Types of Expenses Dragging Down Your Retirement Funds
25

Chapter 3 The Price to Your Lifestyle of Needless Expenses
39

Chapter 4 Complaining Without Sounding Like a Complainer 55

Chapter 5 Rallying Your Troops--Just One Coworker Can Help
63

Chapter 6 What Happens If My Employer Ignores Us? 69

Chapter 7 Now That My Retirement Plan Is Fixed, How Can I Make
the Most of My Life? 79

Chapter 8 Resources, Investment Selection, Asset Allocation,
Tools, and Advice 91

Chapter 9 How Much is That Guarantee in the Window? 121

Chapter 10 Hidden Expenses in Government Union and Some 403(b)
Plans 131

Chapter 11 Summary 137

Appendix A Lifestyle Prices of Excessive Retirement Plan
Expenses 139

Appendix B ABC Plan-401(k) Plan Fee Disclosure Form 205

About the Author 217

Index 219