Good Early Retirement book?
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NotSoonEnough
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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
Hillbilly
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Agree, Bob Clyatt's "Work Less, Live More" is about the best there is...
Hillbilly
Hillbilly
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.
I'm pressing the buy button as soon as I know I can get the latest edition.
NotSoonEnough
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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)
thanks but what is semi-retirement?
does that mean people should work during retirement?
NotSoonEnough
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fisherman
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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!
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.
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...
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.
fisherman
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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.
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.
CuppaJoe
Moderator Emeritus
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.
chris2008
Thinks s/he gets paid by the post
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.
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.
Goonie
Thinks s/he gets paid by the post
"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.
Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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...
