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I am retired. If I were to spend down my saving at 4% each year (as we are told to do), I would have bleeding ulcers. This, easy to read and understand book, teaches you how to invest your money so you can live off the interest and dividends. You will not have to worry about running out of money and will be able to leave the principle to loved ones and/or charity. What a nice legacy! The author knows what he is talking about. A must read for those saving for retirement or who receive a large sum of money.
Stuart has laid out a valuable book for all who will come into an inheritance. There are many lessons, and examples that can be a road map to what your family should do when this event takes place. There are so many ways to go wrong and make poor decisions when preparing to receive wealth that a parent or family member leaves for you. This book helps to guide you in what needs to be done, so that you can bless your family and others with what you are given.
Worthwhile so long as you skim past the biographical prose and get to the basic nuggets of financial planning offered. A good basic introduction to wealth management for those that have no background working with private bankers, financial planners and/or selecting their own investments. Not a great book for learning how to invest nor where to find qualified investment professionals.