With simplicity and folksy anecdotes, Wade Dokken makes a complicated subject easy to read and understand. I enjoyed this book and am convinced that it's time to fix a problem that most politicians are afraid to tackle.
I can save 12% from Social Security
Published by Thriftbooks.com User , 26 years ago
I naively did not know that 12% of my income is witheld for Social Security taxes. More disheartening, I did not know that I receive only a 2% return on this money.Ouch.However, New Century New Deal, made a great point. I could own some or most of this money and earn mutual fund rates of return. I am a believer and you will be if you read this book.
Finally, an honest, accurate assessment of social security
Published by Thriftbooks.com User , 26 years ago
If you are as tired as I am of hearing conflicting political "plans" of how to "save" social security, here is a Wall Street CEO (and a democrat!) willing to go the distance. New Century, New Deal openly advocates major reforms including giving you more say in how your money is invested. Dokken takes his own party to task in a refreshing rebuke of Gore's current scare tactics. A common sense approach to one of our Nation's great debates.
Retire A Millionaire
Published by Thriftbooks.com User , 26 years ago
I was devastated to learn that as a young worker I will receive less than a 2% return on my Social Security taxes. However, I was excited to learn that we have a choice that would allow me to earn 8-12% like the mutual funds I own. If I'm allowed to save a portion of my Social Security taxes, I could retire with over $1 million for retirement. This made me a believer. This is a very simple, easy to understand and timely book for any young, financially concerned reader.
This book is entertaining and motivating!
Published by Thriftbooks.com User , 26 years ago
This is the first book on financial matters that made me laugh. I'm amazed to feel both enlightened and entertained by a book on such a serious subject matter. And, who'd have thought that a Democrat would criticize his own party so deeply. This book could be the key to turning the politicians (slowpokes) around on a REAL honest approach to rescuing us from the outdated and ineffective Social Security system we're stuck in. As a Gen-Xer I'm baffled at why this commonsense approach isn't already in place. I plan to give this book to many friends and be a part of changing the system!
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