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Terry Savage Profile

A founding member and the first woman trader on the Chicago Board Options Exchange, Terry Savage is in great demand for her insights into personal finance, the national economy and the state of the markets. She is a member of the Board of Directors of the Chicago Mercantile Exchange Group and has formerly served on the boards of MacDonald’s Corporation and Pennzoil–Quaker State Corporation.

Terry’s financial column for the Chicago Sun–Times is syndicated across the USA, and her writing also regularly appears on TheStreet.com and Moneyshow.com, popular investing websites. She also co-hosts a daily morning TV show in Chicago on CBS–TV. Other outlets for her expertise have included radio and TV appearances, including CNN, NBC and CNBC as well as several appearances on Oprah!

The New Savage Number: How Much Money Do Really You Need to Retire? became a bestseller on Amazon.com, and its predecessor, The Savage Truth on Money was one of Amazon’s top ten money books as well as being made into an hour-long television special for PBS.

A Phi Beta Kappa graduate of the University of Michigan, where she was awarded a Woodrow Wilson Fellowship in American Studies, Terry has been honored with many awards. These include the National Press Club award for Outstanding Consumer Journalism and the NWU Medill School of Journalism Outstanding Personal Finance Columnist award. Her TV work has also been honored with two Emmys.

  • View Extended/Alternate Bio

    Financial Expertise That Comes From Experience


    Terry Savage is a nationally known expert on personal finance, the markets and the economy. She writes a nationally syndicated financial column for the Chicago Sun-Times. She is also a regular contributor to TheStreet.com and Moneyshow.com, the popular investing websites. Terry is also co-host of a daily 2-hour morning television show in Chicago on CBS-TV, featuring talk about money, the markets, business, and sports.

    Terry’s most recent book is The New Savage Number: How Much Money Do Really You Need to Retire? Released in September, 2009 this completely new edition of her previous book is climbing the best-seller lists. The first edition hit the “Top 20” list on Amazon.com. Her previous best-seller, The Savage Truth on Money, was named one of the ten best money books of the year by Amazon.com, and was made into an hour-long television special which aired on PBS.

    Terry is a frequent guest on radio and television shows including CNN, NBC, and CNBC. She’s appeared several times on Oprah! She’s in demand as a speaker at business meetings across the country. You can read her columns, as well as post questions and comments on her blog at her website, www.TerrySavage.com.

    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 where she traded interest rate contracts and currency futures. She is a registered investment advisor for both stocks and futures.

    Terry 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 Group, 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.

    She is a Phi Beta Kappa graduate of the University of Michigan, where she won a Woodrow Wilson Fellowship in American Studies.

Terry Savage Speaking Videos

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Terry Savage's Speech Descriptions

Terry Savage brings her business knowledge and personal finance expertise to her informative and educational speeches that can cover virtually any area of finance desired, on a micro- or macroeconomic level. As a stockbroker, she can guide her audience through the complexities of Wall Street, and as a consumer expert she can advise on the best pensions, annuities and investments for the individual.

Terry also puts her broadcasting expertise to good use as a moderator; her corporate clients in this field have included Hilton, Motorola’s, McDonald’s and Moneyshow.com.

The Savage Truth on Money
As a business and personal finance expert, Terry Savage shares her vast knowledge of the economy and financial markets in order to inform and educate her audience. Covering topics like, retirement, 401(k)s, annuities, investing, saving, and more, she offers individuals and organizations insights and practical advice that will make them more financially sound and savvy.

The Economy and Stock Market Outlook
Terry Savage started her career as a stockbroker and became a founding member—and the first woman trader—on the Chicago Board Options Exchange. This experience gave her the expertise to navigate the very complex world of Wall Street. In her presentations, Savage addresses the current state of Wall Street and the economy, the ramifications for businesses and individuals, and what you can do to improve your financial situation given the current circumstances.

Other Speaking Topics Include:

    • The Economy, The Markets and your Money
    • Economics Forecast: Money, Politics and the Markets
    • The New Savage Number: How Much Money Do You Really Need to Retire
    • Beating Bear Markets and Recessions!
    • Retirement Planning in a Bear Market
    • What Your Clients Tell Me But Are Afraid To Let You Know (for advisors)
    • The Economy, Stock Market and Your Financial Plans!
    • Taking Control of Your Finances
    • Company Benefit Plans
    • Interest Rates and the Fed
    • Economic Politics in an Election Year

Terry is also a talented moderator, having worked with corporate clients including Hilton, Motorola, McDonald's and Moneyshow.com.

What People are Saying about Seeing Terry Speak

Rating Entries

    Thanks so much for the excellent presentation you gave… We received many comments about your talk, and all were extremely positive. Your information was useful and interesting. Thanks for helping to make our meeting a success.

    Barbara Estridge, American Feed Industry Association

    As moderator, terry savage did the most extraordinary job I have ever witnessed. She sensed a disconnect between speakers and the audience and managed to direct questions to establish the needed connection and brought satisfaction to all.
    Bob Tillman, ARMA — Strategic Management Institute

    Terry, You did a great job and added a level of excitement and interest we needed, especially on the economists panel. Thank you!
    Richard Whiting, Financial Services Roundtable

    “Thank you for your Economic Outlook 2009. Your presentation was excellent. We have received nothing but rave review from clients who attended the event, representing both novice and sophisticated investors. While everyone is understndably concerned about the current economic climate, everyone focused on the assurance provided by your mastery of the subject matter, combined with your very pragmatic and positive outlook for the future.”
    Bank President

    “This is a note of appreciation for your presentation at our Executives Forum last week. I was amazed at how you tailored your lecture to the events of the day! We are all grateful for your stimulating delivery of some very good insights not only into the political scene and the markets, but your views of retirement issues. We′ll call upon you again.”
    Association Executive

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Books by Terry Savage:

The Savage Truth on Money
The truth, the whole truth, and nothing but the truth on money

If you are overwhelmed by money decisions?and in today’s post-crisis economy, who isn’t?? Terry Savage can help. In The Savage Truth, Second Edition, she takes the fear out of financial decision-making and makes sound financial decisions something that you simply do, rather than something that you stress about. Most importantly, Savage shows you how to gain control over your financial future, setting you free to truly enjoy the present.

    • Details money basics, such as investing, retirement plans, life insurance, college savings, estate planning, and coping with debt
    • Provides methods to keep you on track to reach your long-term goals of financial independence
    • Describes technology you can use to improve your financial decision-making

The truth is if it were easy to make, save, and grow money, everyone would be rich. It isn’t easy. But The Savage Truth on Money, Second Edition makes it a lot easier.



The New Savage Number: How Much Money Do You Really Need to Retire, Second Edition
Nationally known personal finance expert Terry Savage helps you answer the most important retirement questions

Will you ever be able to retire? How much money will you need? And how will you be able to reach your Savage Number? Financial expert and author Terry Savage offers street-smart advice for those hoping to retire. Whether you’re approaching retirement age, just starting out, or in the middle of your career, Savage helps you create a long-term plan for financial security.

The New Savage Number provides the strategic guidance and hands-on techniques necessary to plan a successful retirement. 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. Savage offers advice on everything from getting personal finances organized to hedging against inflation to protecting against the devastating costs of long-term care.

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