Evidence Based Wealth - How to Engineer Your Early Retirement

Are you seeking to master your financial destiny so that your life will belong to you and not to your employer? Then you have found the right book. This book will provide you with enough basic knowledge that you can develop and execute your own program for achieving financial freedom at an early age. It will also expose you to some fairly advanced tricks and new ways of interpreting financial information, protecting and building wealth, and planning for short and long term financial goals.Unlike many books on personal finance, this one challenges many of the sacred cows of personal finance with real data. You will learn why savings rate is more important than investment rate of return. You will read about how the accepted definition of money has changed over the past centuries and why it is essential to appreciate how money works now vs. how it worked many years ago. After presenting various asset classes I will demonstrate how a unique combination of two of them has provided stock like returns with greater predictability than conventional stock and bond only portfolios and I will show you why this is the case. Tools and strategies will be introduced to help you reduce the risks associated with spending your portfolio in retirement. I also cover important topics such as minimizing the impact of taxes and will provide some guidelines for how you might select the right combination of tax advantaged accounts.As you read please do so with the intent of coming away with concepts and ideas you can incorporate into your own individual financial plan. The contents of this book are not a financial plan, nor can they be. There is no one size fits all recipe for success. Everyone has unique goals. Everyone has a unique set of financial circumstances. Everyone has a unique attitude towards risk. It is the job of a financial planner to assist in putting together a plan that will not only work but will also be suited towards a client’s disposition. I am not a credentialed financial planner, nor have I personally met you. I'm just a guy who learned some tricks over the years and used them to achieve financial independence early in life. If after reading this book you find yourself in need of professional advice at any time then I encourage you to do so. I’ll get you started. I’ll point you towards the trail and will tell you about the paths I have found to be safe and enjoyable and warn you away from the ones I have found to be treacherous. You are the one who has to lace up your boots and start walking. I wish you success, contentment, and happiness along this exciting journey you are about to take! Read more