11 May 2018

Book Review: Gulag 401(k): Tales of a Modern Prisoner by Richard A. Marin

Gulag 401(k): Tales of a Modern Prisoner by Richard A. Marin

The category listed on the back of Gulag 401(k): Tales of a Modern Prisoner by Richard A. Marin is fiction. I am not at all sure that is correct.

The back of the book states “In this book, the author recalls his career and explores how to afford retirement…” I am not sure all of that is entirely accurate either.

Readers really aren’t given any significant investing for retirement information. However, readers are treated to an inside look at the life of the author. This look does not appear to be fiction. Who could make this stuff up?

We live in a completely different world from the author. Marin does not see a $35 parking ticket as a significant expense, whereas we will drive out of our way to keep from having to pay a $1 toll on the toll road in Houston. For us, $35 is 3% of our monthly income.

We really would love to read more of Marin’s writing, especially a little more detailed look inside Bear Stearns and Bankers Trust.

We give Gulag 401(k): Tales of a Modern Prisoner all five stars. It is an extremely well-written story that takes us through the author’s very interesting career. We follow Marin from his first day at work on his first job at Bankers Trust to his time as a teacher at a university, all the way through to his planned retirement.

One can learn a lot about the financial world. Marin does a better job at describing the financial meltdown at Bear Stearns than many of the books we have read that were written to specifically address that particular era in American history.

We would love to read a book that was a compilation of this author’s in-the-trenches stories of big business and big finance.

Yes, the back of this book is a little misleading. However, readers will not be disappointed. Readers will be entertained and they just might learn a little bit about preparing for retirement through the eyes of someone who has blazed a trail ahead of us. You should order your copy of Gulag 401(k): Tales of a Modern Prisoner by Richard A. Marin today. Maybe give one to a friend.

We were sent a complimentary copy of this book. We are under no obligation to write any review, positive or negative.

We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255.

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