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| Title: | Retire Young Retire Rich | ||||
| Author: | Robert Kiyosaki, the world renowned entrepreneur and creator of the “Rich Dad” brand, is assisted by his business partner Sharon Lechter in this addition to the series. | ||||
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| What the book is about: | |||||
| Although you may expect from the title that this is a book about retirement, it is also about the differences between rich and poor and the way they focus on different financial tools.If we are to achieve this rich retirement whilst we are still young we must increase our skills in the areas of business, finance and money management.
Kiyosaki talks about the fact that it wasn’t until he and his wife set the plan to retire young and rich. If we intend to retire young and rich we need to plan. Anyone can reach these goals if they adopt the following six habits: Hire A book keeper, Build a winning team, Constantly expand your content & context, Keep growing up, Be willing to fail more and Listen to yourself. In order to achieve great wealth, either in real estate, paper assets or some other area, we need to build an asset base. Although the tax breaks info is specific to the US market he does advise readers to consult a professional financial adviser and the ratios discussed are generic worldwide. The invention of government pensions and other safety nets was to supply the very needy in the industrial age, in today’s current information age we need to be more self reliant. The focus like some of the other Rich Dad books is leverage. |
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| Would I buy this book: |
YES |
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| As with most of the Rich dad series the principles are relatively timeless. | |||||
| What I liked about this book: | |||||
| I liked the references to the tortoise and the hare. Despite the fact that the book is talking about retiring young, there is still the insinuation that if you adopt the strategies and continue to improve your financial skills you can succeed even if you start later in life. | |||||
| What I thought could have been improved in this book: | |||||
| A classic book in the series and I am happy to leave this section for others to pick any faults. | |||||
| Formats available: | |||||
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| Where available: | |||||
| http://www.fishpond.co.nz/ | |||||
| www.thenile.co.nz | |||||
| Shop at Amazon.com! | |||||
| www.Audible.com | |||||