No Gimmicks, Luck, or Trust Fund Required
Ratings18
Average rating4.2
From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms Kristy Shen retired with a million dollars at the age of thirty-one, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the 4 percent rule and the Yield Shield--so you can quit the rat race forever. Not everyone can become an entrepreneur or a real estate baron; the rest of us need Shen's mathematically proven approach to retire decades before sixty-five.
Reviews with the most likes.
I'm not the age demographic for this book...but I thought it was exceptionally well written and great explanation. I will go back to this book many times, especially around the tax strategies.
This is far from the first book I have read on FIRE but I still found interesting takeaways, especially when it comes to the possibility of travelling and actually saving money whilst doing so. I also appreciated the author's honesty when describing the panic she felt experiencing her first market downturn. Overall a solid FIRE book that would serve as a good introduction to the subject.