Retirement Planning: 401k vs Roth 401k, IRA vs Roth IRA
Outskirts Press, Denver, Colorado, 2020-08-26, ISBN: 978-1977223579,
Paper Book: $24.95,
Kindle Edition: $9.99.
iPad Edition: $9.99.
This book aims to provide a comprehensive analysis, with data simulations, of:
1) when investing in a Roth 401(k) or Roth IRA would be a better choice than
investing in a traditional pretax 401(k) or IRA;
2) when a Roth conversion would be beneficial to an investor.
A unique discovery from the analysis and formulas derived in the book is that
Roth can still be a better option even if your future tax brackets are lower than
your current tax brackets, depending on your investment time horizon.
The hope is that an investor can utilize the formulas and data contained in this book
when making strategic decisions on choosing between a Roth 401(k) and pretax 401(k)
or between a Roth IRA and traditional IRA, or deciding whether to do a Roth conversion.
Making a correct decision could potentially lead to tens or hundreds of thousands of more
dollars in their retirement investment.
Dr. Daoqi Yang is a software and finance professional with 20 years of industrial
experience in the metro Detroit area, and 5 years of academic research and teaching
experience at Wayne State University and University of Minnesota. He received his
Ph.D. in applied mathematics and M.S. in computer science from Purdue University,
USA, and B.S. from Shandong University, China.
He is the author of several books,
including C++ and Object Oriented Numeric Computing for Scientists and Engineers
(Springer-Verlag), and Java Persistence with JPA 2.1 (Outskirts Press).
In addition, he has published more than 20 research papers in international
journals in the fields of applied mathematics and scientific computing.
He is passionate about investing and retirement planning and helping his friends
to become better investors. He is currently a manager of product and strategy
in finance at a financial company in Michigan. In his free time, he enjoys running,
playing badminton, and skiing.
Errata for the Book
|Locations||Errors || Corrections |
|Page 77, Section 5.2, Lines 1,3 || 14.46%
|Page 109, Section 7.1, Lines 13,16,20 || law suit
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