Customer Reviews

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

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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.

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.

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.

The Quiet Millionaire by Brett Wilder is an education in itself.People go to college for Undergraduate, Masters and Doctoral degrees which gives them the tools on how to make money. As far as I know there isn't a school in the country that teaches you how to manage this money so you can grow your wealth. This book fills that void.
When you first start working you may want to buy a house. get married and raise a family. These are very nice goals but without a plan to maximize the growth potential for your dollars your life could become more stressful than you would like.
There are taxes to pay and Brett shows you how to keep more dollars for yourself; there may be children to send to college and Brett tells you the various ways to save for this and the pitfalls to avoid; there is costly health care and Brett tells you how to manage it.
We all want to retire someday and live a very comfortable life while doing the things we've dreamed of. The way to achieve this successful retirement is all explained in great detail throughtout many chapters in the book.
I think:
Every college graduate should read this book so they will be on the road to financial success at the very beginning of their carreer.
Every athlete who gets a contract to play ball should read this book so they can increase their wealth intelligently and not get sucked into a get rich quick scheme and lose their fortune.
Every entrepreneur needs Bretts' wisdom on what to do and cover when running their own business.
Everyone who has already accumulated wealth and wants to have it continue to grow in a predictable manner needs to read this book.
I wish everyone all the best in their financial future and feel all of you who read The Quiet Millionaire will have a leg up on everyone else.

I checked this book out of the library, and liked it so much I decided to go to Amazon.com and buy a copy to keep. As a single mom who is looking to understand finances for myself so I can plan for retirement within 15 years and get back on my feet financially, I found this book solid, but very readable. I want to understand the system of financial planning, retirement, and financial management for myself, and I feel I have learned to really understand some things I have always felt were over my head. I was especially interested in his information on the difference between tax preparation and tax planning, as well as the strengths and shortcomings of different kinds of insurance and retirement accounts. He does a good job of explaining why some of the common myths about investing are really not the best way to go. This is not a simple skim and go upbeat book about "quick fix" or "trust my formula" investment. It's a clear, readable explanation of an array of vehicles for financial planning that sets out to help you understand them so you can plan for yourself, or know what to look for in a financial planner. Don't be put off by the word "millionaire" in the title, you don't have to be rich to find this book useful. It's more about "quiet" - the steady, informed, reliable way of building wealth. For example, the section on investing explains diversifying not from the fear something may go down, but based on the understanding that various will instruments go up or down, and you set up your plan with that in mind, so you will always have some "with their time in the sun." I recommend this if you aren't just looking for a "get rich formula," but rather want to really understand how good financial planners work, and what is possible for real people.

This is probably one of the best books I've ever read on personal finance, investing and just understanding the overall industry. I now understand why I need to do certain things and when. The advice is sound, easy to understand and I have personally found to be extremly successful. I will recommend this book to my business partners, family and friends. The college funding section was so eye opening, even though my children are past this need, I wish I would have read when they were younger it would have changed my planning. The retirement section was amazing and has changed my families life. Thank you, Thank you...a great resource and life changing book.

I'm a regular middle class guy with just enough financial knowledge to get myself in a heap of trouble without books like this. Like most people, I don't know what I don't know, and Quite Millionaire filled me in some key things I was unaware of about accumulating and protecting wealth. Like seeking a fee-only financial adviser to avoid being sold any unnecessary products. And the website provided in the book to help you find fee-only advisers in your area saved me a load of time tracking down some reputable firms. We're nearly debt-free now and on the road to rapid savings and this book, along with the advice and roadmap we'll get from whichever adviser we retain, will enable us to follow a plan to success.
Great text, easy to jump chapters if you're seeking specific information, and well written. Highly recommend it.

[[ASIN:0978772008 Although Dr Wilder targets those who have yet to retire, this is an excellent work for retirees. The approach is pure common sense absent the usual theoretical dialogue. The Quiet Millionaire is certainly an easy read. I find the book most useful as a reference tool. I suggest a review no less than on an annual basis. Chapter three regarding cash flow is absolutely brilliant in light of the current credit crunch. That's not all, credit, investing, risk, asset management, taxes, cash flow and other critically important financial decisions are addressed in terms that are understandable, workable and pratical for any retiree. The best advice: "Walk on by the ATM machine."

As a client who found Brett Wilder's advice to be just what we were searching for; "The Quiet Millionaire" expands practical financial management with proactive wealth accumulation. Mr. Wilder's book addresses age specific intellectual and emotional aspects of wealth development and espouses solid advice with a "win by not losing" philosophy which has fit well with my wife and my goals. I highly recommend this book to anyone looking insure their financial security in retirement.

It's a great big door-stopper of a book but don't be intimidated. The approach is accessible, the language direct and the advice is sound. It's an easy book to pick up and return to from time to time and probably couldn't be digested in a beginning-to-end read anyhow. Recommendations aren't preachy nor are they unrealistic. You won't be disappointed with The Quiet Millionaire.