If you want your golden years to be full of riches, you need to build a strong understanding of personal finance. How can you do that with so many so-called experts all offering their own strategies? You have to do your research. Here are five books that will teach you a wealth mindset so you can build your personal empire.
The Richest Man in Babylon
You don’t need insider stock knowledge to get rich. You need the right mindset. This book uses simple parables to illustrate basic personal finance concepts. It’s a great choice for starting your journey to wealth, as it explains how hard work and proper money management can make you wealthy.
The Millionaire Next Door
Odds are you aren’t going to win the lottery or earn $250,000 this year. You can still retire rich. In fact, most self-made millionaires in the United States are blue collar workers earning less than six figures per year. How is that possible? Find out in this classic personal finance book that will teach you how to think like a millionaire.
Your Retirement Quest
When you’re planning your wealth strategy in retirement, you want to consult books tailored to your demographic. This book covers more than financial planning; it also walks you through the complex emotions of retiring. You’ll learn how to define your long-term goals for life and money as well as how to achieve them. Whether you’re looking to retire next year or next decade, “Your Retirement Quest” will help you choose the right path to achieve your plans.
You Don’t Have to Drive an Uber in Retirement
If you’re racing towards retirement, you might have heard financial experts advise you to plan for a part-time job. Everyone seems to think that low-skill, part-time work is the perfect way to stay mentally sharp and financially sound when you’ve left your main career. What if you want to enjoy your retirement and never punch a clock again? Then you should read “You Don’t Have to Drive an Uber in Retirement.” This top-selling book walks you through enjoying your retirement the way you want it to be.
What’s the ideal age for you to retire? “Retire Inspired” makes the argument that there’s no magic number to hang up your work boots. Instead, you should focus on the amount of money you need to successfully retire, whatever that means for you. Author Chris Hogan will help you determine how much of a nest egg you need to live the lifestyle you want in retirement, and he’ll give you time-tested tips on how to achieve your savings goals.
No single book has all of the answers for meeting your retirement goals because your plans are as unique as you are. Use this list of five must-read book for retirees and choose the strategies that speak to you.
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