Work Less Live More ... Good reading

GTM · 11-24-2005, 10:43 PM

I found Bob's book interesting and very informative.

Areas of special interest are Portfolio investing, safe withdrawal methods and moving to semi retirement or sabbaticals from full time work.

A useful piece of info which some may not but should be utilizing is how to convert your IRA to a Roth, Page 214.

Around November if you are in a 10% or 15% tax bracket
determine how much additional income you can realize without exceeding the limit of that bracket. Then convert the IRA to the Roth in sufficient amounts to sop up any unused portions of those lower brackets.

The money will compound tax free earlier.

ESRBob · 11-30-2005, 10:38 PM

Thanks, GTM-

Glad the book was useful. You (and anyone else who's got the book and liked it

) would do me a favor if you wrote a review on Amazon and/or bn.com. Something about 'perfect Christmas gift" might not go amiss, either.

Actually one of our neighbors did tell me tonight that they are buying them for all their overstressed 80-hour-a-week friends this Christmas.

There's a plan afoot now about doing a short audio-book piece, and Humberto Cruz wants to interview me in a few weeks, so bit by bit we'll get the word out: ER is possible, it's fun, there are a bunch of other people doing it, and nobody has to get hurt except your stock broker.

Danny · 11-30-2005, 10:48 PM

Hey Bob, best of good luck with the book, eh?
There are 15 of your books at the Hennipen County library here in MN, I'm nbr 5 on the waiting list.

Sorry, can't shake these frugal ways!

Danny · 11-30-2005, 10:50 PM

what happened where did this come from?

ESRBob · 12-01-2005, 02:23 PM

Quote:

Originally Posted by DanTien

Hey Bob, best of good luck with the book, eh?
There are 15 of your books at the Hennipen County library here in MN, I'm nbr 5 on the waiting list.

Sorry, can't shake these frugal ways!

Dan,
Never realized libraries could be such big book buyers... glad to hear the Minnesotans will have something to think about this winter -- I expect we'll see some of them turning up here on this Board by the time this is though... You might be able to start a local FIRE drinkfest in St Paul -- why should Billy, Akaisha and Laurence have all the fun just because they're in Thailand?

11-24-2005, 10:43 PM	#1
GTM Recycles dryer sheets Join Date: Oct 2004 Posts: 260	Work Less Live More ... Good reading I found Bob's book interesting and very informative. Areas of special interest are Portfolio investing, safe withdrawal methods and moving to semi retirement or sabbaticals from full time work. A useful piece of info which some may not but should be utilizing is how to convert your IRA to a Roth, Page 214. Around November if you are in a 10% or 15% tax bracket determine how much additional income you can realize without exceeding the limit of that bracket. Then convert the IRA to the Roth in sufficient amounts to sop up any unused portions of those lower brackets. The money will compound tax free earlier.

11-30-2005, 10:38 PM	#2
ESRBob Thinks s/he gets paid by the post Join Date: Mar 2004 Posts: 1,278	Re: Work Less Live More ... Good reading Thanks, GTM- Glad the book was useful. You (and anyone else who's got the book and liked it ) would do me a favor if you wrote a review on Amazon and/or bn.com. Something about 'perfect Christmas gift" might not go amiss, either. Actually one of our neighbors did tell me tonight that they are buying them for all their overstressed 80-hour-a-week friends this Christmas. There's a plan afoot now about doing a short audio-book piece, and Humberto Cruz wants to interview me in a few weeks, so bit by bit we'll get the word out: ER is possible, it's fun, there are a bunch of other people doing it, and nobody has to get hurt except your stock broker. __________________ ER for 8 years; living off 4.3% of savings (and a few book royalties ;-)

11-30-2005, 10:48 PM	#3
Danny Thinks s/he gets paid by the post Join Date: Jul 2005 Location: Minnehaha Posts: 1,999	Re: Work Less Live More ... Good reading Hey Bob, best of good luck with the book, eh? There are 15 of your books at the Hennipen County library here in MN, I'm nbr 5 on the waiting list. Sorry, can't shake these frugal ways! __________________ Danny's Waking Up To Another Beautiful Day Danny's American Diners Drive-ins Roadhouses Joints & Dives Waking Up With Nothing To Do...Trying My Very Best To Get It All Done Each and Everyday Golden Rule and Good Actions = Good Results

11-30-2005, 10:50 PM	#4
Danny Thinks s/he gets paid by the post Join Date: Jul 2005 Location: Minnehaha Posts: 1,999	Re: Work Less Live More ... Good reading what happened where did this come from? __________________ Danny's Waking Up To Another Beautiful Day Danny's American Diners Drive-ins Roadhouses Joints & Dives Waking Up With Nothing To Do...Trying My Very Best To Get It All Done Each and Everyday Golden Rule and Good Actions = Good Results

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