40 of 41 people found the following review helpful
How to Retire Young and Retire Rich-A world w/o paychecks?,
By A Customer
This review is from: Rich Dad's Retire Young, Retire Rich: How to Get Rich Quickly and Stay Rich Forever! (Paperback)
Robert Kiyosaki started with nothing and in less than ten years, retired financially free. He enjoys a lifestyle that we all wish we had. One of the first mindsets or mentality that he had to change was to succeed in a world without a paycheck. This is in a world that practically deifies a job and a paycheck.
Kiyosaki explains that most people have 50%-100% of their income is from earned income from a J-O-B. BIG MISTAKE! Those who retire young and retire rich do so from portfolio income. From passive income. From residual income.
How do you do this? You create a business. It can be network marketing or a franchise (if you have that kind of money sitting around or the ability to borrow it) Or it could be real estate (my choice--no downlines, uplines, sidelines, monthly quota's, sales volume requirements etc.) Or you could write a book. Self publishing is flourishing today because many people have excellent ideas and eager to disseminate these ideas in the form of a book.
Retire Young Retire Rich is an excellent book for anyone who regardless of their present income or level of wealth, wants to retire financially free and financially independant within 10 years or less.
Great book. Maybe his best to date.
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Initial post: Feb 6, 2015 3:10:45 AM PST
As this review was written 10 years ago now, I'd be interested in this reviewer coming back to let us know if they have indeed retired young and rich by now. Thanks!
Posted on Jul 15, 2015 5:22:08 PM PDT
J R says:
Yes!! Would very much appreciate a follow-up from this reviewer!
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