My husband has an MBA (with emphasis on the B for BUSINESS) from an ivy league college, so he’s no Wall Street Dummy. Still, we’ve lost half of the retirement fund we worked so hard for—and that’s happened twice since the year 2000. By anyone’s math, that means we’re about 75% less well-off in our retirement as we thought we’d be.

Top that with the last administration’s proposed plan to let—nay, encourage!—everyone in the US to manage their own retirement funds and frankly, this reviewer is not only spitting mad, she’s scratching her head at the stupidity of it all. I mean, if this can happen to careful, conservative investors with considerable knowledge about the market, you can imagine what would happen to the average working Joe trying to juggle a family, his plumbing business and his investments. Of course, he’s free to do that anyway, just not with his Social Security monies.

Part of my anger came from the fact that I felt helpless and didn’t have all the information I needed to understand how my life savings got obliterated when we were doing everything we knew was right.

The Losing Game by T. E. Scott to the rescue! Here is a book—well-organized and formatted with clear illustrations—that explains exactly what happened and why investors have been led astray.

Scott is the person to write this book. Like many of us he’s had two careers, one as a manufacturer and another working for Eastern Airlines. He, too, lost his pension. It appears he, too, was ticked off enough to try to bring clarity to others about what happened to them with his book.

He succeeds admirably.