THE NEW RULES OF RETIREMENT SAVING • K If you’r e reading this book and your employer matches 10 percent or more of your 401(k) contributions like my uncle’s d id , that’s great. Keep saving und er the old r ules , too. If you’re like most Americans and you’re saving for retirement without generous support fro m your employer, these r ules ar e n’t go i ng to wo r k f or y ou. That ’s why I’ve crea t ed a new set of rul es. Three Rules for a Better Future This book is about the New Rules of Retirement Saving. It’s about taking the same kind of insights and advancements th at ha ve tak en pla ce throughout our worl d a nd appl ying the m to retirement saving. These three rules are based on a blunt assessment of the risks you face today as a saver. Follow them, and you’ll be on a be tter path to s aving. Why three rules ? I could have created twe nty or thir ty new rules, fro m broad statements on savings philosophy to minutiae about daily savings activities, but I know you’re not going to remember twenty rules. Besides, I’ve found it really boils do wn to three bi g actions . If yo u take these three actions , you’ll be better prepared for retirement. . .not based on the pos t but bas ed on the pr es ent and the f uture. So, what are the three New Rules of Retirement Saving? Rule No. 1: Know Your Risks Rule No. 2: Choose a Strategy That Addresses Your Risks Rule No. 3: Take Action Now Sound simple? It’s actually a fundamental shift fro m the way y ou’re s avi ng to day.
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