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November 24 , 2007

The Prudent Professor

Planning and Saving for a Worry-Free Retirement from Academe


“Strengths of this book include its readability and accessibility to further information. Retirement is approached from the ‘what you put in is what you will get out’ philosophy, encouraging the reader to learn what options are best suited for themselves. TIAA-CREF traditionally has been the retirement choice of many individuals in Higher Education. The detailed discussion of this plan puts retirement into perspective to individuals who use TIAA-CREF’s services. For individuals with a different retirement plan, The Prudent Professor still gives insight to the retirement process and its details…As a young professional, The Prudent Professor is an excellent resource. A crash course in financial planning and what to expect (based on today’s economic situation) when approaching retirement is explained very well.”?NACADA Journal

“There is so much in this book, that any brief statement falls short in doing it justice. Most professors feel too busy to actively plan the finances of retirement, and instead they put most of their trust in TIAA or other private or state pension plans to get it right. Professor Bridges shows that neglect courts financial disaster in the golden years and provides a readable narrative of practical guidance to avoid pitfalls and get it right."?Henry M. Levin, Professor Emeritus, Stanford University, and William Heard Kilpatrick Professor of Economics and Education, Columbia University

“If you’re like me, planning for retirement is right up there with going to the dentist and doing taxes on the enjoyment index. The Prudent Professor, however, is a great read on a tough topic. The writing is simple, direct and persuasive. The tone is conversational. The examples are clear, and thorny problems are discussed in a straightforward manner. Ed Bridges clarifies all of the issues in a patient way that left me wishing I had this book a decade ago.”?William G. Tierney, University Professor & Director, Center for Higher Education Policy Analysis, University of Southern California
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