What do you think?
Rate this book
Retire Rich At 40 A Day : New Edition
About the if you start earning at 24, retire at 49, and live till 94 what you are trying to do is make sure that the money earned in 25 years is managed well for another 45 years. This is not easy, but can be learnt. What if your monthly expenses at age 80 is 5X of what you earned in one year when you were 30. Many such insights and gems are hidden in the book which tells you how you can accumulate a nice round amount by the time you turn 60 years of age. The author tells you why you need to start early, invest Rs.40 a day and accumulate a nice corpus. If you increase this by 10 percent , It can lead to, hold your breath, Rs. 13.5 crores. Not bad for just Rs. 40 a day, right Br V Subramanian tells you how starting early works like magic, and what happens if you live till age 120. The earlier you start, the greater the flexibility and greater the options. Of course as a 24 year old you have other distractions too, but when you realize that retirement is a sum of money and not a date on the calendar you will realize that an early start is surely worth it. When you start will help you decide whether your retirement will be Golden or red. Packed with examples, case studies etc. This book is a must read. Whether you are a planner or an end user learning and implementing plans aimed at financial freedom should be an amazing journey. Start early. Navigate safely. Reach surely
293 pages, Kindle Edition
Published March 6, 2019
34 people are currently reading
126 people want to read
Ratings & Reviews
Friends & Following
Create a free account to discover what your friends think of this book!
Community Reviews
Displaying 1 - 9 of 9 reviews
November 13, 2020
A nice book on planning for retirement. The language is easy to understand and a good book for someone who is interested in personal finance.
For someone who is in his 30s, retirement seems like a far fetched call and it's difficult to envision life beyond 60. This book specially addresses the issue of being self sufficient and planning for retirement keeping longevity in mind.
Decent read 3.5/5
For someone who is in his 30s, retirement seems like a far fetched call and it's difficult to envision life beyond 60. This book specially addresses the issue of being self sufficient and planning for retirement keeping longevity in mind.
Decent read 3.5/5
January 27, 2022
Good book for all advice at one place. Some items seem dated, so one should be conversant with the current rules.
March 24, 2019
Good for beginners in financial mgmt
This book is good for beginners in financial management. Almost like a primer but in simple words. I felt that the book that PV wrote in collaboration with Pattu was much better, frankly as it had working calculators, lots of useful links and so on. Hence shaving off one star from this, and acknowledging the beauty of the other book (also that it had quite similar message and content and hence this lost my novelty star).
This book is good for beginners in financial management. Almost like a primer but in simple words. I felt that the book that PV wrote in collaboration with Pattu was much better, frankly as it had working calculators, lots of useful links and so on. Hence shaving off one star from this, and acknowledging the beauty of the other book (also that it had quite similar message and content and hence this lost my novelty star).
June 30, 2023
" Retirement is the first Goal you have to plan in life but most youngsters think last - If you start from young age the effort and money required is very less" - Please read this book to understand and harness the power of compound interest. Subra Sir is one of the top and finest thinkers across the globe. Do not miss to follow his blog and youtube channel. Most importantly follow him on twitter.
April 18, 2019
A vert structured approach to retirement
Really loved reading it, very relatable, crisply written. Helps you put a framework and structure to better manage the corpus you painstakingly generate over the years.
The use of case studies helps reinforce the concepts very well and makes them stick.
Highly recommended for most ppl in their accumulation phase.
Really loved reading it, very relatable, crisply written. Helps you put a framework and structure to better manage the corpus you painstakingly generate over the years.
The use of case studies helps reinforce the concepts very well and makes them stick.
Highly recommended for most ppl in their accumulation phase.
November 14, 2020
This is more of a collection of thoughts, rather than a proper books like Book. Author has written just the way he talks on his youtube channel, subramoney.
But the thing that i liked is, there are so many topics covered related to retirement, which are not usually covered anywhere else in the indian context. Really liked the book in this respect.
But the thing that i liked is, there are so many topics covered related to retirement, which are not usually covered anywhere else in the indian context. Really liked the book in this respect.
February 26, 2023
This is a well written book about a subject that we seldom prepare for in real life.
No one really thinks about life about retirement, once children gets married of and source of income dries off.
This books gives ample examples and ways of investing to generate income.
Its written in a lucid manner and easy to read.
Recommend this to everyone.
No one really thinks about life about retirement, once children gets married of and source of income dries off.
This books gives ample examples and ways of investing to generate income.
Its written in a lucid manner and easy to read.
Recommend this to everyone.
March 16, 2019
As always, must read book for retirement planning. Mr. Subramanyam is bold and yet forthright on the realities of retirement planning.
May 11, 2019
Nice
A great book with practical advice
On how to make wise investment decisions and plan for retirement in a non stressed approach...
A great book with practical advice
On how to make wise investment decisions and plan for retirement in a non stressed approach...
Displaying 1 - 9 of 9 reviews