The Quiet Millionaire: A Guide for Accumulating and Keeping Your Wealth [Hardcover]

Brett Wilder (Author)

Book Description

Publication Date: October 1, 2007

Being a millionaire is a realistic aspiration if you are knowledgeable and diligent about becoming one. Today, people are required to accumulate greater amounts of money to fund their lifetime goals and objectives than was necessary by previous generations. This book covers what should be included in a comprehensive financial management program for people of all ages who want to live a financially independent and secure lifestyle. It shows reliable ways to plan and manage the emotional aspects of money, cash flow, assets, liabilities, taxes, investments, employee benefits, insurance, health care, business ownership, college financing, accumulated estate wealth, and, most critical, how not to run out of money during retirement. In today's often confusing and contradictory world of information overload, the reader is informed how to discern and distinguish what information is beneficially useful or harmful to his or her financial well-being. Moreover, if professional assistance is desired, guidance is provided on how to select and work with a financial advisor as well as how and when paying for an advisor's help is justified.

Editorial Reviews

From the Author

I've tried to make the book comprehensive, but easy to understand in order to benefit readers at all levels of financial knowledge. And, with the lessons I've learned from my over forty years as a professional financial advisor, there's a ton of information in the book that you can benefit from. I practice everyday for myself and for my clients what I teach in this book. If you do what the book says to do, you too will be able to live the life of a quiet millionaire(tm). Thanks for your interest in The Quiet Millionaire. I hope it brings you much financial success and happiness.

From the Inside Flap

You hear about the wealth of Donald Trump, Bill Gates, Warren Buffet, and others loudly publicized. However, there are many other people who quietly build their wealth, and so can you!

Achieving millionaire status used to be a noteworthy financial accomplishment. Today, it is a necessity in order to have a financially independent and secure lifestyle. Everyone's life is unique, yet there are common elements to the financial and investment management processes in order to be successful.

This book is about how to become and stay a quiet millionaire. It will guide you through the opportunities and pitfalls you face in managing today's fast-changing and challenging lifetime issues with respect to your financial life. You will be able to discern and distinguish what information is beneficially useful or harmful to your financial well-being.

It will help you to recognize how your lifetime financial needs change and learn reliable ways to manage these changes. You will be shown how to comprehensively plan and manage your emotional side of money, cash flow, assets, liabilities, taxes, investments, employee benefits, insurance, health care, business ownership, college financing, accumulated estate wealth, and, most critical, how not to run out of money during retirement.

If you decide to seek professional assistance, you will know how to select and work with a financial advisor before you hire one and whether paying for an advisor's help is justified.

By applying the knowledge from this book to your situation, you will have more control over your financial life; by using the same strategies, you will have more peace about your financial security, and be The Quiet Millionaire.

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Product Details

• Hardcover: 438 pages
• Publisher: FMG Publishing, Inc. (October 1, 2007)
• Language: English
• ISBN-10: 0978772008
• ISBN-13: 978-0978772000
• Product Dimensions: 9.4 x 6.4 x 1.5 inches
• Shipping Weight: 2.1 pounds (View shipping rates and policies)
• Average Customer Review: 4.8 out of 5 stars  See all reviews (10 customer reviews)
• Amazon Best Sellers Rank: #415,228 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

8 of 8 people found the following review helpful:

5.0 out of 5 stars An Investment Guide for Accumulating Wealth, August 27, 2007

By 

R. Himmel (Denver, CO USA) - See all my reviews
(REAL NAME)   

This review is from: The Quiet Millionaire: A Guide for Accumulating and Keeping Your Wealth (Hardcover)

If I had had this book 20 years ago, I would be in much better shape financially today having avoided foolish and ill-advised forays into questionable investments. It is not a book that explains how to buy and sell stocks and bonds or the characterization of wealthy people and their lifestyles. This is a book that explains the how and what of acquiring wealth. The Quiet Millionaire not only describes a solid financial philosophy for investment, it is also a guide thru the heady issues associated with college financial planning, business ownership, insurance, ESOP and Retirement planning. I plan to share this book with family and friends so they too may achieve their goals for financial independence and security and I highly recommend it to anyone who is serious about acquiring and preserving wealth.

3 of 3 people found the following review helpful:

4.0 out of 5 stars It's like a textbook for financial independence, June 21, 2008

By 

Sharon Michaels "SharonMichaels" (U.S.A.) - See all my reviews
(VINE VOICE)    (REAL NAME)   

This review is from: The Quiet Millionaire: A Guide for Accumulating and Keeping Your Wealth (Hardcover)

Do you want clear financial goals, objectives and timelines? If you're truly serious about developing an understandable and comprehensive financial vision for the future, The Quiet Millionaire by Brett Wilder is the right book for you.

Brett Wilder has been a personal and professional financial planner for over forty years. Years of experience have led him to believe that you can achieve "Quiet Millionaire" status if you're willing to become knowledgeable and diligent about your financial planning and money strategies.

I consider the Quiet Millionaire - A Guide for Accumulating and Keeping Your Wealth by Brett Wilder more like a textbook for building a million dollar financial plan. As you read and work the 420 pages of content rich activities, Brett easily becomes your financial teacher and guide. This isn't a quick read - this is for the serious student who wants to achieve financial freedom and is willing to commit time and energy to their financial future.

The author literally guides you step-by-step through how to develop a million dollar financial future. The Quiet Millionaire begins at the beginning - helping you discover your basic money values. All your personal, professional and monetary choices revolve around your values. The first chapter takes you through a series of self-discovery activities. If you don't know what you want, you won't know where you are going or how you're getting there. Quiet millionaires know what they want and what it will take to achieve those goals.

Here are examples of some chapters:

Chapter One - What is Important About Money to You?
Chapter Three - How to Have A Positive Cash Flow
Chapter Four - Do You Own The Right Assets?
Chapter Six - Are You Paying Too Much Tax?
Chapter Ten - Will Costly Health Care Wipe You Out?

The Appendix takes you through a "Sample Financial Review" that will help visualize what your personal financial report will look like when it is completed. Believe me when I say this review is thorough, comprehensive and extremely organized.

I feel The Quiet Millionaire is written for those who have years to plan for future financial security. I agree that the younger and sooner you start, the more financially secure you'll become. This book is for those who want to seriously build a million dollar plus financial plan. It's going to take concentration and a serious commitment of time and energy to working and applying this book. When you finish, you'll have a powerful and workable plan for becoming and remaining The Quiet Millionaire.

4 of 5 people found the following review helpful:

5.0 out of 5 stars The Quiet Millionaire is thoroughly accessible to readers of all financial backgrounds and highly recommended., October 6, 2007

By 

Midwest Book Review (Oregon, WI USA) - See all my reviews

This review is from: The Quiet Millionaire: A Guide for Accumulating and Keeping Your Wealth (Hardcover)

Certified financial planner Brett Wilder presents The Quiet Millionaire: A Guide for Accumulating and Keeping Your Wealth, a savvy guide to achieving a financially independent and secure lifestyle. Chapters cover how to maximize results from employer stock options and other employee compensation programs, becoming informed of one's health care insurance options, how to make college affordable, how to maximize retirement assets and transfer estate wealth, how to be an intelligent borrower, and much more. "You should be aware that retirement plan loans have two potentially devastating pitfalls. The first pitfall is the fact that when you borrow against the plan, the amount borrowed is set aside separately from the investment funds in order to secure the loan... The second pitfall is the biggest disadvantage by far and can occur if you leave your employer for any reason, including termination, with a loan balance against your retirement plan. This is because upon leaving, the loan must be repaid in full or else the loan is considered in default and is then deemed by the IRS to be a 'retirement distribution' for the entire amount of the loan balance." Tackling complex topics in plain terms, The Quiet Millionaire is thoroughly accessible to readers of all financial backgrounds and highly recommended.