The Simple Path to Wealth
If I were to recommend just one book to read to help you successfully retire early, it would be The Simple Path to Wealth by JL Collins. The key word in the title is “simple.” Collins does an amazing job of simplifying and demystifying the complicated world of investing.
My wife Allison and I have always tried to keep our investments as simple as possible, mainly with TRFs (Target Retirement Funds). While Collins is a proponent of TRFs, he takes it a step further and recommends just two funds -- VTSAX (Vanguard Total US Stock Fund) and VBTLX (Vanguard Total US Bond Fund).
This book will show you how to use those two funds to simply and effectively build your retirement nest egg. It goes on to offer very valuable information like how to use HSAs for your health expenses, how to prepare for RMDs (Required Minimum Deductions), and how to pull your money out after retirement.
One of my favorite chapters is “How to give like a billionaire,” which explains how to set up a charitable foundation, and why it’s the best way to manage your charitable donations.
Other Books On Investing
Here are some of our other favorite books about earning, saving, and investing your money:
Notes / Disclaimers:
- The titles, versions, and availability of these books are subject to change. Always double-check the information when purchasing.
- Some of the links above are affiliate links. If you sign up through one of the affiliate links we may get a small referral fee. Please know, however, that we never base our recommendations on whether there is an affiliate offer.