Cunningham Pay Yourself First

By Timothy W. Cunningham and Clay B. Mansfield

Book Overview

In this concise, accessible guide, Timothy W. Cunningham and Clay B. Mansfield, cofounders of the Life Cycle Mutual Funds, show you how to meet the financial challenge of retirement with a revolutionary new approach: life cycle retirement investing. Based on common sense, life cycle retirement investing breaks from conventional thinking and hard-to-understand modern portfolio theory to put you at the center of your retirement investing plan. Using stories and easy-to-understand basic concepts, Pay Yourself First gives you the right tools to take charge of your finances and achieve a secure retirement. "A must-read for baby boomers who want to live happily ever after." --Peter Bernstein Editor, The Practical Guide to Practically Everything Executive Editor, U.S. News and World Report "Starting with the title, there's loads of good advice in this book. The authors apply basic economic principles to illuminate the challenges of saving and investing. Readers will get a realistic, get-rich-slow plan for accumulating a nest egg to support them in retirement." --Thomas G. Donlan Editorial Page Editor, Barron's National Business and Financial Weekly Author, Don't Count on It: Why Your Pension May Be in Jeopardy and How to Protect Yourself "Well written and insightful." --David N. Dreman, Professional money manager and columnist, Forbes magazine "This book cuts through layers of obfuscation about intelligent investing for retirement. Mansfield and Cunningham should be on everyone's bookshelf next to Graham and Dodd." --Gordon Hally, Senior Vice President, Pacific Investment Management Company "Easy to read, easy to follow. . . . It's hard to take exception to the logical plan for financial security presented in the book." --John W. Church, Jr. Executive Vice President, The Glenmede Trust

• Format: Paperback
• Language: English
• ISBN: 0471162485
• ISBN13: 9780471162483
• Release Date: December 1996
• Publisher: John Wiley &Sons
• Length: 288 Pages
• Weight: 0.92 lbs.
• Dimensions: 9.0" x 0.7" x 6.0"

Customer Reviews

One of the most insight books on investing for the future.

This is a must read for people in their 20s and 30s, especially those who are married and have children. Most people think Social Security and the company 401K will take care of their retirement. A great many of those people believe if they start saving in their mid-30s they will accumulate enough wealth to retire comfortably. This book reinforces the need to begin saving for retirement as soon as you begin working full-time because of the power of compounding and all of the various circumstances like Bar Mitzah's, weddings and other financially draining events. It made me examine my own portfolio and strategy for future financial events. It is a very easy to read and understand book and can be read in a day