Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom

by Rob Berger

Overview

"Clear, accurate, insightful. This might be the best introduction to financial freedom I've ever found." -J.D. Roth, author and founder of GetRichSlowly.org.

Personal finance and investing don't have to be complicated, intimidating or boring. Imagine having a guide to walk you through everything you need to chart a path to financial freedom. Forbes Deputy Editor Rob Berger has written your guide.

Find everything you need to get out of debt, control spending without painful budgets, manage multiple financial goals, and start investing for retirement. And yes, you'll even learn how to retire early if FIRE (Financial Independence, Retire Early) is your goal.

Here are just a few of the topics covered:

• The Money Audit: Learn how to save money without sacrifice. This step-by-step plan walks you through how to reduce your spending without changing your lifestyle.
• FIRE Math: You'll master the simple math behind early retirement. You'll also be able to determine how your daily, weekly and monthly decisions affect your journey to financial independence.
• Simple Investing: The days of being intimidated by mutual funds or the stock market are over. This book provides everything you need to build a simple investment portfolio that you can actually understand.
• Retirement Accounts: From 401(k) and 403(b) accounts to a Roth IRA and HSA (Health Spending Account), you'll learn how these accounts work. You'll also get a simple plan you can follow to decide which accounts are best for you.
• Get Out of Debt: Debt doesn't have to hold you back from your financial goals. The book walks through a simple way to pay off your debt in a sensible way while still saving, investing, and pursuing other financial goals.
• Life Experiments: Learn how your daily habits are affecting your finances and how you can master those habits by asking "what if" questions and running 21-day experiments.

The book is designed for anybody wanting to master their money, but is tired of all the complicated jargon.

Readers are already enjoying Retire Before Mom and Dad: "I thoroughly enjoyed this book and will go back and re-read, study & refer to many of its sections. The author writes in plain English and provides some really smart advice about our money and some really cool suggestions & referrals." Wesley, Goodreads Review.

"Probably one of the most straight forward and easiest to understand personal finance books with simple next action items to set yourself up for success on your journey towards financial freedom." Jeffrey Diritto, Goodreads Review.

Product Details

BN ID:	2940163627752
Publisher:	Glenbrook Press
Publication date:	08/29/2019
Sold by:	Draft2Digital
Format:	NOOK Book
Sales rank:	655,139
File size:	658 KB

Table of Contents

Chapter 1: We’ve Been Duped

Chapter 2: The Game Plan

Chapter 3: A Note to Mom and Dad

Part 1: Your Superpower

Chapter 4: The Money Multiplier

Chapter 5: Tick-Tock

Chapter 6: Think Small

Chapter 7: Investment Returns

Part 2: Financial Freedom

Chapter 8: Financial Freedom

Chapter 9: How Much Should You Save?

Chapter 10: Emergencies

Chapter 11: The 4% Rule

Chapter 12: Level 7 & Savings Rate

Part 3: Buying Your Freedom

Chapter 13: The Cost of Happiness

Chapter 14: Freedom First, Lattes Second

Chapter 15: The Money Audit

Chapter 16: The Power of Habit

Chapter 17: What if?

Chapter 18: The #1 Freedom Fund Killer

Part 4: Investing

Chapter 19: Stocks & Bonds

Chapter 20: Mutual Funds

Chapter 21: Mutual Fund Fees

Chapter 22: Investing Made Easy

Chapter 23: Retirement Accounts

Chapter 24: How to Evaluate a Mutual Fund

Chapter 25: Let’s Do This

Chapter 26: You.

Chapter 27: Getting Investment Help

Part 5: Practical Considerations

Chapter 28: The Progress Principle

Chapter 29: Debt

Chapter 30: How to Get Out of Debt

Chapter 31: Priorities

Chapter 32: Yes, but........

Chapter 33: To Level 7 and Beyond!

Index

Acknowledgments

Editorial Reviews

“Rob Berger didn’t just write an investment planning book - he wrote a life planning book. He interestingly poses, “We shouldn’t be asking how much we need to make to be happy; we should be asking how much we need to spend to be happy.” Truer words have never been spoken, and it gets better!"

- Rick Ferri, CEO of Ferri Investment Solutions and Core-4 Portfolios and author

"Retire Before Mom and Dad is a rare book that actually delivers. The steps are exceptionally clear and actionable. Rob cuts right to what moves the needle. It's all here: the why and the how. The money and the life advice. You'll have no excuses after reading this book. It's your choice: Do you want to keep working for a living or because you love what you do? This isn't about making all the money in the world, it's about making enough to be free to live life on your own terms."

- Grant Sabatier, Author of Financial Freedom and Creator of Millennial Money

The book takes key concepts from finance, psychology and self-help and boils them down into concepts and systems that anyone - including teenagers and young adults can use to improve their financial futures.

I will certainly be buying books for all the teens and young adults in my life.

Rob Berger, like Einstein, is a genius - he takes financial and psychological concepts that are, on the surface, complex and makes it simple. So that the rest of us (and our children) can understand.

- Guy Spier, CEO, Aquamarine Capital

"Clear, accurate, insightful. This might be the best introduction to financial freedom I’ve ever found. It’s a book I wish I’d written. Any young person who reads this and heeds the advice will have an excellent chance to retire before mom and dad."

-J.D. Roth author and founder of GetRichSlowly.org

From the Publisher