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Good Early Retirement book?
02-11-2008, 05:40 PM
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#1
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Dryer sheet aficionado
Join Date: Feb 2008
Posts: 27
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Good Early Retirement book?
A long time ago I read Early Retirement for Dummies was OK but I am wondering if there is a good book similar to this or with more up to date info since the book I read was probably 8-10 years ago.
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02-11-2008, 05:54 PM
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#2
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Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
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Quote:
Originally Posted by rai-zero
A long time ago I read Early Retirement for Dummies was OK but I am wondering if there is a good book similar to this or with more up to date info since the book I read was probably 8-10 years ago.
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You may want to look at Bob Clyatt's "Work Less, Live More", which is as much about early retirement as it is about "Semi-Retirement"...
Amazon.com: Work Less, Live More
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02-11-2008, 06:30 PM
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#3
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Recycles dryer sheets
Join Date: Mar 2007
Posts: 161
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Agree, Bob Clyatt's "Work Less, Live More" is about the best there is...
Hillbilly
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02-11-2008, 06:43 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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I've been meaning to ask... I saw in another thread that he has a new edition out or coming out. Is that the one on Amazon now or is it due soon?
I'm pressing the buy button as soon as I know I can get the latest edition.
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02-11-2008, 07:02 PM
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#5
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Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
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Quote:
Originally Posted by Marquette
I've been meaning to ask... I saw in another thread that he has a new edition out or coming out. Is that the one on Amazon now or is it due soon?
I'm pressing the buy button as soon as I know I can get the latest edition.
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At the link above you'll note it is the 2nd edition and the date of publication is September 30, 2007. I ordered a couple of weeks ago and also purchased the companion workbook and CD. The combo price is only $25.82...
Amazon.com: The Work Less, Live More Workbook (with CD-Rom)
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02-11-2008, 07:14 PM
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#6
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Dryer sheet aficionado
Join Date: Feb 2008
Posts: 27
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Quote:
Originally Posted by NotSoonEnough
You may want to look at Bob Clyatt's "Work Less, Live More", which is as much about early retirement as it is about "Semi-Retirement"...
Amazon.com: Work Less, Live More
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thanks but what is semi-retirement?
does that mean people should work during retirement?
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02-11-2008, 10:33 PM
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#7
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Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
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Quote:
Originally Posted by rai-zero
thanks but what is semi-retirement?
does that mean people should work during retirement?
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http://www.early-retirement.org/foru...96&postcount=4
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02-12-2008, 08:27 AM
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#8
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Full time employment: Posting here.
Join Date: Jul 2007
Posts: 500
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"Work Less Live More" Is the best of several I bought. Semi retired last month using his book and loving it!
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Worked the plan and now living the Dream!
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02-12-2008, 08:52 AM
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#9
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Dryer sheet aficionado
Join Date: Feb 2008
Posts: 27
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Quote:
Originally Posted by NotSoonEnough
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Thanks,
I plan to buy the book, but is the CD and workbook also good?
I don't plan to work for life.
My idea is sock it away and when I have enough quit cold turkey if I want. maybe I will work to get out of the house (ie. part time) but I want to do that just to do something not because it's part of my 'retirement plan'. I mean if I work it's because I want to not because I need to to make ends meet.
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02-12-2008, 09:06 AM
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#10
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,860
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Quote:
Originally Posted by rai-zero
I plan to buy the book, but is the CD and workbook also good?
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Yes-- the spreadsheets on the CD alone are worth the purchase price.
Borrowing a library copy of the book, CD, & workbook would be frugal. Not buying them just to save the money is an example of crossing the line to deprivation...
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02-12-2008, 09:18 AM
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#11
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
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Quote:
Originally Posted by NotSoonEnough
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Thanks. I did note the 2nd edition, but I didn't know how many editions there were ;-)
I've ordered the book and the workbook combo deal.
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02-12-2008, 09:54 AM
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#12
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Full time employment: Posting here.
Join Date: Jul 2007
Posts: 500
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Bob's book is great for ER and SER with good plans for both.
A lot of people misunderstand the SER concept and it really is affected by age and pensions for example. DW and I are both 43 and will have pensions at 55. SER for us means a SWR of 2% if we work about ten our a week in our business which has been a dream for us. We plan to quit totally at 55. We could sell the business and draw at about 3.5% which would probably be safe but at our young age we wanted to stay somewhat engaged and the business leads to meeting lots of new people upon occasion and several fun activities. We work our business on our schedule and usually have no trouble fitting in the time throughout the week when the kids are in school.
For us this was a twenty year plan that we just completed and Bob's book gave us the final confidence that we were okay.
As Nord's said buy the book. You will use it regularly as a reference.
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Worked the plan and now living the Dream!
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02-12-2008, 09:57 AM
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#13
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Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
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I'm not being facetious to suggest looking at the great novelists. A favorite is Somerset Maugham's autobiographical "Of Human Bondage." A friend said he saw the movie, "it's about the bondage of being tied to a floozie." Yes, that, but more so is about the bondage of working for others.
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02-13-2008, 01:35 AM
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#14
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Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Duesseldorf, Germany
Posts: 1,202
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I like "Get a life" by Ralph E Warner a lot.
It does not only focus on the financial aspects of ER but also "on important concerns such as broadening circles of friends, relying on one's extended family, turning to hobbies and nonwork activities, the book will help readers gain a healthier perspective on retirement".
I know some retirees who have saved all the money they need for an interesting retirement but feel disconnected, without energy and old because their planning was only focussed on finances.
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02-13-2008, 03:50 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
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Quote:
Originally Posted by chris2008
I like "Get a life" by Ralph E Warner a lot.
It does not only focus on the financial aspects of ER but also "on important concerns such as broadening circles of friends, relying on one's extended family, turning to hobbies and nonwork activities, the book will help readers gain a healthier perspective on retirement".
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"Get A Life" has been one of my faves, also. I've read a lot of books on ER and on retirement in general, but "Get A Life" is my #1 pick.
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02-13-2008, 05:08 PM
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#16
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,304
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Most "retirement books" focus solely on the $ aspect of ER and while that's very important, there's much more to a successful retirement at any age than just the $. Assuming you want something broader, my vote also goes to Work Less, Live More by Clyatt and it's out in 2nd edition so it's very current. Does a decent job with the $ aspect but also covers other important aspects. Another one I like is How to Retire Happy, Wild and Free by Zelinski which is even more about retirement beyond the $. Not particularly well written, overly repetitive, but the content makes it a worthwhile read IMO. Best of luck...
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