No. of Recommendations: 0
This is a book that will scare the pants off anyone who has carefully built his retirement spreadsheet using classic assumptions. The author is the creator of "The retirement calculator from hell" ( and TRCFH Part II ( which dramatically and painfully illustrate what the ups and downs of the market can do to a carefully-planned retirement nest egg. This short, readable book introduces asset allocation, extols its virtues to the small investor, and offers guidance for further study.

I've long felt that asset allocation was just a way to assure mediocre performance, but in retrospect, I would have been very happy with mediocre performance over the last year.
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