Nest Egg Care: Find Your SAFE SPENDING RATE to Maximize the Joys of Retirement Paperback – September 23, 2017
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About the Author
Tom earned an electrical engineering degree from Purdue University and an MBA from Harvard University. He enjoyed considerable success as an entrepreneur — and as a mentor for entrepreneurs. He founded and operated Equity Catalysts LLC and served as president and CEO of The Enterprise Corporation of Pittsburgh, which helped match start-up technology companies with angel investors and other resources. He also was adjunct professor of entrepreneurship at Carnegie Mellon University’s Graduate School of Industrial Administration (now the Tepper School of Business).
He has been a partner of Social Venture Partners Pittsburgh since its launch and is a founder of NurturePA, Inc., which supports new parents by promoting infant emotional development and early literacy. He also serves on the board of Propel Schools, and he works with several other nonprofits to help them arrange their displays of financial results so they can see their performance trends more clearly.
Tom and his wife Patti live in Pittsburgh. Determining their Safe Spending Rate, and spending accordingly, allows them to enjoy walking vacations, including a visit to England’s Lake District.
Nest Egg Care is Tom’s first book.
- Paperback : 138 pages
- ISBN-10 : 0692916229
- ISBN-13 : 978-0692916223
- Item Weight : 14.6 ounces
- Dimensions : 8.5 x 0.33 x 11 inches
- Publisher : Tom Canfield (September 23, 2017)
- Language: : English
- Customer Reviews:
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He walks you through the entire process of figuring out how much you can take from your nest egg annually without fear of running out of funds when there's a good chance you or your spouse is still alive. His methodology is very analytical and based on statistics. When I was finished reading it, I was very comfortable that his plan (and the FireCALC calculator he uses) are very sound and are not complicated at all.
I've applied his principles to our nest egg and am confident we will withdraw our funds safely and not set ourselves up for failure...even in this Coronavirus mess that's destroying the economy as we start our retirement. The book's not cheap, but it's the best money I've spent in a long time. It provided me the information I needed but couldn't find anywhere else.