This author participates in the Readers' Favorite Free Book Program, which is open to all readers and is completely free. The author will provide you with a free copy of their book in exchange for an honest review. You and the author will discuss what sites you will post your review to and what kind of copy of the book you would like to receive (eBook, PDF, Word, paperback, etc.). To begin, click the purple email icon to send this author a private email.
This author participates in the Readers' Favorite Book Review Exchange Program, which is open to all authors and is completely free. Simply put, you agree to provide an honest review an author's book in exchange for the author doing the same for you. What sites your reviews are posted on (B&N, Amazon, etc.) and whether you send digital (eBook, PDF, Word, etc.) or hard copies of your books to each other for review is up to you. To begin, click the purple email icon to send this author a private email, and be sure to describe your book or include a link to your Readers' Favorite review page or Amazon page.
This author participates in the Readers' Favorite Book Donation Program, which was created to help nonprofit and charitable organizations (schools, libraries, convalescent homes, soldier donation programs, etc.) by providing them with free books and to help authors garner more exposure for their work. This author is willing to donate free copies of their book in exchange for reviews (if circumstances allow) and the knowledge that their book is being read and enjoyed. To begin, click the purple email icon to send this author a private email. Be sure to tell the author who you are, what organization you are with, how many books you need, how they will be used, and the number of reviews, if any, you would be able to provide.
Reviewed by Carol Thompson for Readers' Favorite
David Stordahl's 401(k) Basics: A Short Guide to Understanding Your Investment Plan is a refreshingly accessible entry into the often complex world of retirement planning. This guide on business and finance seeks to clarify the 401(k) plans that have significant financial importance for more than 70 million active participants across the United States. Stordahl, a semi-retired accountant and former registered representative, shares his extensive expertise, breaking down the intricate details of 401(k) plans into digestible, relatable content. Unlike many other texts in this category, this book takes a lighter, more engaging approach by incorporating real-life stories that entertain and educate. The book may be short, but it’s full of helpful information, written so that even the most novice investor can understand a 401(k) plan and its responsibilities.
Stordahl addresses a wide range of essential knowledge without overwhelming his audience, covering topics from reevaluating perspectives on money and determining personal risk tolerance to in-depth analyses of stocks, bonds, and mutual funds. His sections on the tax implications of 401(k)s and Roth 401(k)s are especially engaging. They offer clear explanations that could empower readers to make more informed choices regarding their retirement strategies. Stordahl’s humor and lighthearted anecdotes make learning enjoyable, a rare feat in finance-related literature. He discusses the importance of starting sooner rather than later, a lesson I wish I had followed in my twenties. David Stordahl's 401(k) Basics is an essential read for anyone wanting a deeper understanding of their retirement plan without getting bogged down by jargon. It’s a practical, easy-to-follow guide that informs and inspires readers to take active steps toward securing a financially stable retirement. Whether you’re just starting your career or nearing its peak, Stordahl’s insights could prove invaluable in navigating the complexities of 401(k) plans. This book would make an excellent gift for college students and anyone starting a career.
