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Early retirement extreme : a philosphical and practical guide to financial independence

Author: Jacob Lund Fisker
Publisher: Charleston, SC : [www.EarlyRetirementExteme.com], ©2010.
Edition/Format:   Print book : English : 1st edView all editions and formats
Database:WorldCat
Summary:
"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  Read more...
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Details

Document Type: Book
All Authors / Contributors: Jacob Lund Fisker
ISBN: 9781453601211 145360121X
OCLC Number: 973607708
Notes: Includes index.
Description: xi, 226 p. : ill. ; 23 cm.
Other Titles: Financial independence.
Philosophical and practical guide to financial independence.
Responsibility: Jacob Lund Fisker.

Abstract:

"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."--Publisher description.

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