 |
Good Early Retirement book?
02-11-2008, 05:40 PM
|
#1
|
|
Dryer sheet aficionado
Join Date: Feb 2008
Posts: 27
|
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.
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
02-11-2008, 05:54 PM
|
#2
|
|
Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
|
 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.
|
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
__________________
|
|
|
|
|
02-11-2008, 06:30 PM
|
#3
|
|
Recycles dryer sheets
Join Date: Mar 2007
Posts: 161
|
Agree, Bob Clyatt's "Work Less, Live More" is about the best there is...
Hillbilly
|
|
|
|
|
02-11-2008, 06:43 PM
|
#4
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
|
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.
|
|
|
|
|
02-11-2008, 07:02 PM
|
#5
|
|
Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
|
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.
|
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)
__________________
|
|
|
|
|
02-11-2008, 07:14 PM
|
#6
|
|
Dryer sheet aficionado
Join Date: Feb 2008
Posts: 27
|
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 |
thanks but what is semi-retirement?
does that mean people should work during retirement?
|
|
|
|
|
02-11-2008, 10:33 PM
|
#7
|
|
Recycles dryer sheets
Join Date: Jul 2007
Posts: 192
|
Quote:
Originally Posted by rai-zero
thanks but what is semi-retirement?
does that mean people should work during retirement?
|
http://www.early-retirement.org/foru...96&postcount=4
__________________
|
|
|
|
|
02-12-2008, 08:27 AM
|
#8
|
|
Full time employment: Posting here.
Join Date: Jul 2007
Posts: 500
|
"Work Less Live More" Is the best of several I bought. Semi retired last month using his book and loving it!
__________________
Worked the plan and now living the Dream!
|
|
|
|
|
02-12-2008, 08:52 AM
|
#9
|
|
Dryer sheet aficionado
Join Date: Feb 2008
Posts: 27
|
Quote:
Originally Posted by NotSoonEnough
|
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.
|
|
|
|
|
02-12-2008, 09:06 AM
|
#10
|
|
Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,859
|
Quote:
Originally Posted by rai-zero
I plan to buy the book, but is the CD and workbook also good?
|
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...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
|
|
|
|
|
02-12-2008, 09:18 AM
|
#11
|
|
Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 2,020
|
Quote:
Originally Posted by NotSoonEnough
|
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.
|
|
|
|
|
02-12-2008, 09:54 AM
|
#12
|
|
Full time employment: Posting here.
Join Date: Jul 2007
Posts: 500
|
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.
__________________
Worked the plan and now living the Dream!
|
|
|
|
|
02-12-2008, 09:57 AM
|
#13
|
|
Moderator Emeritus
Join Date: Jun 2007
Location: At The Cafe
Posts: 6,873
|
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.
|
|
|
|
|
02-13-2008, 01:35 AM
|
#14
|
|
Thinks s/he gets paid by the post
Join Date: Apr 2005
Location: Duesseldorf, Germany
Posts: 1,202
|
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.
|
|
|
|
|
02-13-2008, 03:50 PM
|
#15
|
|
Thinks s/he gets paid by the post
Join Date: Oct 2006
Location: North-Central Illinois
Posts: 3,228
|
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".
|
"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.
|
|
|
|
|
02-13-2008, 05:08 PM
|
#16
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,287
|
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...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
| Thread Tools |
|
|
| Display Modes |
 Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
