Money management and retirement planning used to be easy. People married in their twenties, held steady, secure jobs, had kids in college by their fifties, retired at sixty-five, and expired shortly thereafter.
Life isn't like Ozzie and Harriet anymore. Late marriages, divorce, stepparented children, and alternative lifestyles have redefined the money management priorities of the baby boomers. Corporations and employees have changed as well. The idea of working for a single, paternalistic corporation for forty years is as outdated as Fonzi's hairstyle. Add to this the revolution in money market accounts, mutual funds, and on-line investment services, and you have a virtual revolution in retirement planning.
With millions of baby boomers less than fifteen years away from traditional retirement age, and members of Generation X facing an uncertain economic future, there is a crying need for sound financial advice. Written in a humorous, accessible style, Invest Like Warren Buffett, Live Like Jimmy Buffett was conceived especially for people who feel that their attitudes and lifestyles are not compatible with a serious approach to their financial future. Just as What Color Is Your Parachute? got people to concentrate on career planning, this book will make even the most money illiterate reader wake up and take deliberate measures to survive and thrive in their golden years.