Quit Like a Millionaire.  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.

Product description

Gary B. Cooper
⭐⭐⭐⭐⭐ useful book on FI
17 July 2019
Format: eBook Verified Purchase
Tis is a great story/FI book (FI = financial Independence)
The story is of a family leaving china to try and make for a better life in Canada.
More importantly it is the route to FI for a young couple
The fears many have, what ifs that deter us from FI are looked into and solutions found.
I do not believe FI is for all, but this book describes a route which many could take if prepared to sacrifice the want everything now lifestyle.
The book has sections North American biased – tax insurance and pensions for example, but as a whole is a welcome addition to the FI bookshelf
2 people found this helpful

N. Mitchell
⭐⭐⭐⭐⭐ Not just for Millennial’s – devoured this book in super quick time
5 August 2019
Format: eBook Verified Purchase
Where to start…?!
Well I am 51 and on the FI path so you may think that the messages in this book would be lost on me, after all Kirsty and Bryce retired 20 years younger than I am now. But really the messages in this book work for people at any age that are looking to obtain financial independence. Like Kirsty and Bryce, my path has been littered with challenges along the way, so its a really good read to see other people struggle and not follow the path most travelled.

I first stumbled on their story when they were interviewed on the Choose  F  podcast and for me they were THE inspiration to knuckle down and get out of the rat race. What I particularly like about them is that they are open minded, that the world is their stage and they are citizens of that world far before they are citizens of Canada or Kirsty’s country of birth, China.

This book is packed full of practical tips and of moments of deep reflection for me. i.e. “How much money is enough to retire?” well now I really know by employing some of their tools such as the Yield Shield.

I finished the book this weekend and pulled out a couple of chapters to show my wife that were areas that she was more concerned about regarding FI and it was a real ‘a-ha!’ moment for her also. Our discussion last night was that we will give it two more years before we FIRE and at that time we will pack everything into a couple of backpacks and follow the path laid by Kirsty and Bryce, turn our back on limited thinking and embrace all that the world has to offer.

We wouldn’t be doing this so soon without reading this book. Simple as that.

Couple of points;
– Kirsty and Bryce talk predominantly about FIRE in Canada and the US. I am in the UK so those parts didn’t hold too much interest for me, but even reading about the US healthcare situation was useful as it helped us work out how we will deal with that when travelling.
– Kirsty and Bryce do not have kids – so they got a couple of guest writers to fill that gap for them in how to FIRE with kids
– They broke down how you could FIRE at a whole range of income streams, so if you have a passion to FIRE but not a high income level, do not despair… just read this book.

Finally, I love the style of writing, far from stuffy finance and a good number of laugh out loud moments.

Thanks Kirsty and Bryce, hope to bump into you somewhere round the world at some point where we can share you by the hand and thank you for helping to give us our freedom.
2 people found this helpful

Mr. S. G. Demircan
⭐⭐⭐⭐⭐ Must be read to learn facts about money
7 August 2019
Format: Kindle Edition Verified Purchase
Wonderful… I am an Excel maniac and I know a bit or two about money. And this exceptionally easy-to-read-and-understand book helped me to realize what I was in a need to achieve and illuminates the road for me to do so “easily”. Already started to brainwash my son, so he can “understand” and live accordingly. Thank you very much indeed. I started having some more money even before finishing the book, btw. And that is real. Many many many thanks. ❤️

GG
⭐⭐⭐⭐⭐ Inspirational and informative for those seeking financial freedom.
3 September 2019
Format: eBook Verified Purchase
An entertaining read with an interesting autobiographical slant.

Meagan
⭐⭐⭐⭐⭐ Devoured this book
30 July 2019
Format: eBook
A super easy and entertaining read. It’s a finance book that doesn’t feel like you’re reading a finance book. The concepts are universal and easy to grasp. I have read A LOT of blogs about financial independence and this is an excellent summary from choosing the best college course, how to pay off debt and in what order, and how to accumulate wealth and legally avoid taxes. If you are suffering from analysis paralysis and don’t know how to start investing, this book is for you. Only caveat is that a lot of the concepts are US focused with hints of Canadian tips but still a lot can be applied universally.

Karen
⭐⭐⭐⭐⭐ A Highly Recommended / Entertaining Read *****
17 July 2019
Format: eBook
Not the usual finance book, this narrative and style makes for an entertaining story, one that helps clear the noise around personal finances and the journey to wealth.

An open & honest account, one I would recommend everyone to read. I thoroughly enjoyed this book.
One person found this helpful