Grow Rich Slowly: The Merrill Lynch Guide to Retirement Planning
Underwood, a Merrill Lynch executive, and former Forbes associate editor Brown here offer a clear, comprehensive layperson's guide to retirement planning, covering a spectrum of investment possibilities. In an exceptionally penetrating analysis of the Social Security system, they warn the baby-boom generation not to count on receiving benefits and to develop their own programs. Citing case histories, the authors show how a variety of investment instruments--stocks, bonds, mutual funds, investment trusts, IRAs, etc.--can be structured to meet individual financial goals. The emphasis in the book on equities, "dollar cost averaging" and leveraged "margin" stock purchasing might result in clients for Merrill Lynch's brokerage operations, but Underwood and Brown successfully avoid the taint of a sales pitch. 100,000 first printing; author tour.Copyright 1993 Reed Business Information, Inc.