Do you stare out the window at your job only to dream about Financial Independence Retire Early?
The FIRE movement has been supercharged ever since Covid, with many people looking for ways to achieve financial freedom and retire earlier than the traditional retirement age. Whether you’re just learning about the different types of FIRE or already have your CoastFIRE number picked out, these resources will help to keep you motivated on your path to FI.
In this post, we’ll introduce you to the best financial independence retire early books.
Financial Independence Retire Early Books
“Your Money or Your Life” is a classic book on personal finance and one of the foundational texts of the FIRE movement.
The authors advocate for a “transformative” approach to money, one that involves a deep understanding of your own relationship with money and the impact it has on your life. The book offers practical advice on how to reduce your spending, increase your savings, and invest your money in a way that supports your values and goals.
JL Collins’ “The Simple Path to Wealth” is a straightforward guide to investing for the long-term.
The author argues that investing doesn’t have to be complicated, and that a simple approach is often the best approach. He covers the basics of investing, including the importance of asset allocation, diversification, and avoiding high fees. The book is written in an accessible, conversational style and is a great resource for anyone looking to build wealth over the long-term.
“The Millionaire Next Door” is a classic book on wealth-building that challenges many of our assumptions about what it means to be wealthy. The authors conducted extensive research on millionaires and found that, contrary to popular belief, most millionaires are not living flashy, extravagant lifestyles. Instead, they live frugally, save and invest their money wisely, and prioritize building wealth over displaying wealth. The book offers practical advice on how to adopt a millionaire mindset and build wealth over the long-term.
“Early Retirement Extreme” is a book that challenges conventional wisdom about retirement and offers a radical approach to achieving financial independence. The author argues that the traditional retirement model is flawed and unsustainable, and that we need to rethink our assumptions about work, consumption, and retirement. He offers a blueprint for living a more minimalist lifestyle, reducing expenses, and building wealth quickly so that you can retire early and live a more fulfilling life.
“The Bogleheads’ Guide to Investing” is a comprehensive guide to investing that is based on the principles of John Bogle, the founder of Vanguard. The authors offer practical advice on how to build a low-cost, diversified portfolio of index funds, and how to avoid common investing mistakes. The book is written in a clear, accessible style and is a great resource for anyone looking to build wealth through investing.
“Work Optional” is a guide to achieving financial independence and retiring early that emphasizes the importance of creating a fulfilling, meaningful life. The author argues that financial independence is not just about accumulating wealth, but about creating a life that aligns with your values and passions. She offers practical advice on how to reduce expenses, build wealth, and create a fulfilling life that doesn’t rely on traditional employment.
“The Psychology of Money” is a book that explores the role that psychology plays in our relationship with money. The author argues that our beliefs, biases, and emotions have a profound impact on our financial decisions, and that understanding these psychological factors is key to achieving financial independence. The book offers insights and anecdotes that will help you better understand your own relationship with money and make better financial decisions.
“Retire Inspired” is a book that provides a step-by-step plan for achieving financial independence and retiring comfortably. The author emphasizes the importance of setting clear goals, creating a budget, and avoiding debt. He also provides practical advice on how to build wealth through investing, and how to make smart decisions about retirement accounts, insurance, and other financial products.
“Financial Freedom” is a book that offers a comprehensive plan for achieving financial independence and retiring early. The author draws on his own experience of going from broke to financially independent in just five years, and provides practical advice on how to increase your income, reduce your expenses, and build wealth through investing. The book also includes tips on how to create a fulfilling, purpose-driven life that aligns with your values and passions.
“Retirement Planning for Dummies” is a book that provides a comprehensive overview of retirement planning, covering everything from Social Security to estate planning. The author offers practical advice on how to create a retirement plan that is tailored to your unique needs and goals, and provides tips on how to save money, invest wisely, and manage your retirement income.
Best Financial Independence Retire Early Audio Books
“The Simple Path to Wealth” by JL Collins
Narrated by JL Collins himself, this audiobook offers a straightforward guide to investing for the long-term. The author’s conversational style and clear explanations make it easy to understand the principles of investing and build a low-cost, diversified portfolio.
“Your Money or Your Life” by Vicki Robin and Joe Dominguez
Narrated by Vicki Robin, this audiobook offers practical advice on how to transform your relationship with money and achieve financial independence. The author’s calm, reassuring voice makes it easy to absorb the book’s lessons and put them into practice.
“The Millionaire Next Door” by Thomas J. Stanley and William D. Danko
Narrated by Cotter Smith, this audiobook challenges our assumptions about wealth and provides practical advice on how to adopt a millionaire mindset and build wealth over the long-term. The narrator’s engaging delivery makes it a pleasure to listen to.
FIRE Books Wrap Up
Reading a couple of these financial independence retire early books are a great way to build a foundation when reaching your FIRE goals. They offer practical advice, challenge conventional wisdom, and provide a roadmap that you can start applying today. Whether you’re just starting out or well on your way to FatFIRE, these books are a perfect way to start.