Illinois State Library

Illinois Center for the Book

Individual Author Record

General Information

Name:  Terry Savage  

Pen Name: None


Audience: Adult;

Born: in Ohio

-- Website --
-- Terry Savage on WorldCat --

Illinois Connection

Terry Savage is a nationally syndicated Chicago Sun-Times personal finance columnist.

Biographical and Professional Information

Savage is a popular author and award winning financial journalist. She is a nationally known expert on personal finance and a regular television commentator on issues related to investing and financial markets. Her syndicated personal finance column for the ''Chicago Sun-Times'' is read in newspapers across the country, and her columns appear regularly on '''', the popular investing website.Terry's latest book is ''The Savage Number: How Much Money Do You Need to Retire?'' Within three weeks of publication it hit the Top 20 list on Her previous best-seller, ''The Savage Truth on Money'', was named one of the ten best money books of the year by, and was made into an hour-long television special which aired on PBS. Terry is a frequent guest on national radio and television shows ranging from PBS' ''Nightly Business Report'' to CNN and CNBC. She's appeared several times on ''Oprah!'' And she's the regular substitute host of the nationally syndicated Bob Brinker radio show on ABC radio.Terry's financial expertise comes from experience. She started her career as a stockbroker, and became a founding member -- and the first woman trader -- on the Chicago Board Options Exchange. Savage was also a member of the Chicago Mercantile Exchange's International Monetary Market where she traded interest rate contracts and currency futures. She is a registered investment advisor for both stocks and futures.Savage has won numerous awards, including the National Press Club award for Outstanding Consumer Journalism, and the Outstanding Personal Finance Columnist award given by the Medill School of Journalism at Northwestern University and two Emmys for her television work.Savage takes an active role in America's business community. She serves on the Board of Directors of the Chicago Mercantile Exchange (NYSE) and previously served on the boards of McDonald's Corporation for 14 years and Pennzoil-Quaker State Corporation for 5 years. She was a recipient of the Director's Choice Award, honoring selected women who serve on America's top corporate boards.Savage is involved in Chicago's civic affairs, serving as a director of The Executives' Club of Chicago, Junior Achievement of Illinois and the Northwestern Memorial Hospital Foundation. She is a Phi Beta Kappa graduate of the University of Michigan where she won a Woodrow Wilson Fellowship in American history and economics.

Published Works Expand for more information

Titles At Your Library

Terry Savage: Understanding Your Money
ISBN: 1559944927

Harperaudio. 1992

Terry Savage Talks Money: The Common-Sense Guide to Money Matters
ISBN: 0887306233

Harperbusiness. 1993

Covers budgets, bank accounts, investments, credit, mortgages, life insurance, loans, real estate, annuities, taxes, estate planning, and savings for college or retirement

Terry Savage's New Money Strategies for the '90s: Simple Steps to Creating Wealth and Building Financial Security
ISBN: 0887306683

Harperbusiness. 1994

The syndicated columnist shares her simple strategies for financial security in today's economy, for everyone from newlyweds to senior citizens. Original. $40,000 ad/promo. Tour.

The Savage Truth On Money
ISBN: 0471416282

Wiley. 2001

Does the thought of saving for retirement, investing online, coping with debt, or paying for college leave you fearful and frazzled? Are you confused and intimidated by "expert financial advice" you can't understand? You need The Savage Truth On Money-from the cash in your pocket to the world of online investing.

The candid and up-front advice in The Savage Truth On Money is aimed at your mind, your heart and your balance sheet. Whether you're just starting out or well on your way, Terry Savage will empower you to make informed money decisions and evaluate the advice that the growing money industry sends your way. Her expertise comes from her vast experience as a stock trader, stock broker, investment advisor, television market analyst, and bestselling personal finance author.

Step by step and dollar by dollar, The Savage Truth On Money empowers you to manage your money by freeing yourself from debt, creating a budget you can live with, and investing wisely-even on a modest paycheck-to build equity and wealth. Savage helps you harness the power of the Web by using money management software to develop and track your financial plan.

There's a Savage side to investing today. Find out what it is and how it could impact your 401(k) choices and IRA decisions. Discover how to harness the twin emotions that destroy financial plans: fear and greed. Learn how to invest for retirement insure for long-term care create a college education fund use life insurance and annuities and make a smart estate plan so that your hard-earned wealth isn't confiscated by taxes. Terry Savage will show you how.

The Savage Truth On Money will give you the facts, resources, and confidence you need to take charge of your finances today-and give you a secure future for tomorrow.

Terry Savage is a nationally recognized financial authority and winner of the National Press Club Award for Outstanding Consumer Journalism. The author of two bestselling books, Terry Savage's New Money Strategies for the '90s and Terry Savage Talks Money, she writes a weekly syndicated column on personal finance for the Chicago-Sun Times, is the personal finance columnist for Barron's Online, and is a featured expert on Microsoft's Money Central web site. Savage is a regular commentator on PBS' Nightly Business Report, and has been featured on CNN and Oprah. She appeared daily on Chicago's CBS television station for over twelve years. Savage started her career as a stockbroker and became a founding member and the first woman trader on the Chicago Board Options Exchange. She serves on the Board of Directors at McDonald's Corporation.

The Savage Number: How Much Money Do You Need to Retire?
ISBN: 0470067748

Wiley. 2007

Nationally known personal finance expert, Terry Savage, shows readers how to find the answers to their retirement questions. The Savage Number provides the hands-on techniques to plan a successful, satisfying retirement. Savage takes readers beyond "guesstimates" and wishful thinking. Instead, she introduces readers to the world of Monte Carlo modeling—the statistical science of modeling multiple alternatives to come up with a range of highly probable results. The process guides readers through the critical decisions about how to invest their retirement money—and how much they can withdraw to live on—so their money lasts their entire lifetime! Filled with in-depth insights and practical advice, The Savage Number takes the guesswork out of retirement planning, so readers can overcome those obstacles and comfortably enjoy the rest of their lives.

The New Savage Number: How Much Money Do You Really Need to Retire?, 2nd Edition
ISBN: 0470538767

Wiley. 2009

Nationally known personal finance expert Terry Savage helps you answer the most important retirement questions

During a time when looking to the future is more important than ever, author Terry Savage offers street smart advice for the many soon-to-be retirees wondering how much longer they will have to work to make up for the losses in their retirement accounts. The New Savage Number provides the strategic guidance and hands-on techniques necessary to plan a successful, satisfying retirement.

Throughout the book, Savage helps you figure out how much money you need to retire-your savage number-and how to invest to reach that goal. Then, as retirement looms, she guides you through the process of planning withdrawals so the money lasts your entire lifetime. In between, Savage offers practical advice on everything from getting personal finances organized to insuring retirement plans against the disastrous need for long-term care. An informative, engaging book that future retirees of every age can utilize, The New Savage Number

  • Contains updated chapters reflect the current economy including changes to the mortgage market and stock market performance
  • Takes issues such as social security, long term insurance, and new investment risks into consideration
  • Offers guidance on continuing to earn income in retirement

Written with every retirement bound individual in mind, The New Savage Number, Second Edition provides you with the tools needed to rescue your retirement.


Savage has won numerous awards, including the National Press Club award for Outstanding Consumer Journalism, and the Outstanding Personal Finance Columnist award given by the Medill School of Journalism at Northwestern University and two Emmys for her television work.

Speaking Engagements

Speaking Engagement Availability (Yes)


  • Economy
  • Financial Investments
  • Financial & Tax Planning
  • Master of Ceremonies
  • Economy/Economic Outlook
  • Media
  • Best-selling author
  • Investing and Personal Finances
  • Online Personal Financial Management
  • The Savage Truth on Money