Money For Life: Build the Wealth You Need to Live Your Dream

by Robert Sheard

Sheard redefines the concept of "retirement" as an issue of financial independence that can be achieved at any age. He spells out clearly, as no book has before, exactly how to set up and reach personal financial and lifestyle goals through savvy investing. Designed for boomers now in their peak earning years, the book cuts through the complicated formulas and actuarial tables to show readers how to figure out exactly how to plan for and achieve financial independence. Eschewing the traditional approach to retirement at 65, the book acknowledges that boomers are in a hurry. They want to get on with their lives, change careers, take sabbaticals -- in short, to pursue their dreams. By abandoning the age criteria and formulating a new approach to retirement, Sheard makes this possible. Using the techniques he made famous while with the Motley Fools, Sheard develops a framework that treats individuals as self-sustaining "foundations," living off a well-invested nest egg. He clearly shows the reader what steps to take in order to make financial independence possible. Mr. Sheard gained a broad following at The Motley Fool. His audience will undoubtedly be interested in Money For Life. He is now an investor columnist with the Microsoft Network.

Genres: Nonfiction, Money

288 pages, Hardcover

First published September 1, 2000

About the author

BookTube Prize founder, recovering academic, bestselling author, unrepentant introvert.

He lives in Durham, NC.

YouTube: https://www.youtube.com/@Robert.Sheard
IG://https://www.instagram.com/robertsheard_
Website: http://robertsheard.com
BookTube Prize: https://booktubeprize.org

Reviews

[April · Rating 4 out of 5]

I read this in my early 20's to start investing my money wisely. It's been so long since I last read it and I'm sure there are updated ways to think about money, so not sure how relevant this book is today. But it was definitely helpful back in 2003.

[Anthony Cheng · Rating 3 out of 5]

Solid personal finance advice. The best ideas are contained in the first three chapters. Treat your personal finances like a charitable foundation and you can afford to run indefinitely.

[Stacy · Rating 4 out of 5]

I would consider this largely a theory based book though it did help me to make a few financial changes to meet goals. And the informal writing style made it easy to read.