41 of 41 people found the following review helpful
Fifteen Years Later, He's Still Retired,
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This review is from: Cashing in on the American Dream: How to Retire at 35 (Hardcover)
This book, along with Your Money or Your Life, changed our lives. By following the advice outlined in these two books, we were able to quit our jobs in our forties and pursue other interests. We have been free of the daily grind for over four years now, thanks in part to Paul Terhorst, Vicki Robin and Joe Dominguez (authors of YMOYL).
In a conversational style, Terhorst explains how he realized his job was sapping the life out of him, and how he used his skills as an accountant to devise a plan that would enable him to retire at 39 years of age. Unfortunately, the specific financial advice he gives (invest in high-yield certificates of deposit) is no longer possible. But number-crunching is not the most important message that Terhorst has.
Cashing in on the American Dream advocates a no-nonsense approach to determining just what you want in life. Do you want to be free of working for others? Then it might mean giving up your car and dinners out. But it doesn't have to mean giving up what you really love (or need). Terhorst and his wife, Vicki, have been retired almost twenty years now and have spent much of it traveling the world. They have health insurance abroad, because it's cheaper than U.S. insurance, and better.
The Terhorsts have their own website and I like to check in on them once or twice a year. The fact that they have made their plan work all these years is more important than any advice they have. Cashing in on The American Dream is an inspiring book. If they could do it, why can't you?
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Showing 1-2 of 2 posts in this discussion
Initial post: Jan 19, 2015 5:10:15 AM PST
Jeroen Berendsen says:
Hi, you mention the author has a website. Can you please provide me with the link? Thanks!
In reply to an earlier post on Jan 19, 2015 8:33:11 AM PST
They've moved it a few times over the years. Try this one https://sites.google.com/site/paulvicgrou
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