According to Doug Andrew, the bestselling author of Missed Fortune 101, too many Americans are being led down the wrong financial path. Even worse, many Baby Boomers find themselves panicking—fearful that they've already fallen too far behind to ever catch up. In this indispensable and eye-opening guide, Andrew provides fresh new pathways to reaching financial security.
Centering on his Three Miracles of Wealth Accumulation: the Miracle of Compound Interest, the Miracle of Tax-Favored Accumulation, and the Miracle of Positive, Safe Leverage, Andrew explodes many of the commonly-held myths about 401ks, pensions, paying down one's mortgage, and other forms of retirement planning. Along the way, Andrew offers unique strategies that will not only increase your wealth, but also help readers enjoy their best years while securing their future.
Andrew aims his message at Baby Boomers, who he believes are using timeworn methods of saving for retirement and will fall far short of the amount of money they will need. He reads his own work in a pedantic and cumbersome style that may not appeal to those used to more upbeat presentations. He moves through the chapters in a deliberate and precise manner that makes listeners feel every word, which can often be overwhelming in a multi-disc volume. Andrew's passion for the subject is stifled by overdramatization of certain statements at the expense of others. Numerous repetitions of facts seem redundant and distracting. He does enunciate well and speak clearly, a style that may appeal to listeners who often need to rewind. M.R. (c) AudioFile 2007, Portland, Maine