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Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence - Jacob Lund Fisker
Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence
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3.17 15
Early Retirement Extreme provides a robust strategy that makes it possible to stop working for money in just a short number of years. It provides a paradigm shift in economic perspective from consuming to producing. Your value to society is not how much you earn or how much you buy. It is what... show more
Early Retirement Extreme provides a robust strategy that makes it possible to stop working for money in just a short number of years. It provides a paradigm shift in economic perspective from consuming to producing. Your value to society is not how much you earn or how much you buy. It is what you create and produce for yourself and for others. It is what you leave, not what you take. Consumers are often locked into expensive options, but producers have the flexibility to create appropriate solutions at a quarter of the cost. The resulting savings (the difference between income and expenses) is one's monetary contribution to society. When savings are put to work through investments, society will pay dividends which cover the remaining expenses resulting in financial independence. The strategy can also be used to pay off debt, travel the world, volunteer, go back to school, or work on otherwise nonprofitable endeavors without worrying about the next paycheck. It offers a compelling alternative to the default choice of graduating high school, getting a college degree, buying a car, getting married, buying a house, filling it with furniture, clothes, TVs, washing machines, lawn mowers, and electric egg boilers, and then spending the next 40 years working 9-5 to pay it all off.
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Format: paperback
ISBN: 9781453601211 (145360121X)
Pages no: 238
Edition language: English
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Community Reviews
realityinabox
realityinabox rated it
2.0 Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence
First off, I want to say the low rating is not due to a disagreement about the concept of early retirement via extreme savings and pared down lifestyle. I am very intrigued by this concept, and thus wanted to read this book to get a better grasp on it. Unfortunately, the first half of the book is ...
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