The Retirement Myth: What You Must Know to Prosper in the Coming Meltdown of Job Security, Pension Plans, Social Security, the Stock Market, Housing Prices, and More

Rating:
Summary: Gloom and Doom
Review: Although much of the information is now out of date, (published in 1995) the author is trying to emphasize the sad state of retirement planning among baby boomers.
-Your 401(k) and stocks are going to be in the dumper
-You will get little to no Social Security
-You will likely not have nearly enough pension money
-You'll probably have to work well past your anticipated "retirement age"
I believe that there will be ups and downs, but to preach this gloom and doom makes for very depressing reading. Those that have not been saving already know they're in for some hard times. Heck, if I were one who hadn't been saving for decades, I'd consider committing hara-kiri with a plastic butter knife after reading this.

Rating:
Summary: A realistic wake-up call to the "Boomer" generation!
Review: As a Financial & Retirement Planner for over 15 years, I can attest that Mr Karpel's book is a very realistic portrayal of financial things to come. This book should be required reading for both the "baby boomer" and "X'er" generations!