5 Best Selling Retirement Books, and 2 Personal Favorites
Posted On 08/06/2020
Books about personal finance and retirement are hit and miss. For every title that is impactful for the average retirement investor, there are dozens that are too short, too long or too unrealistic.
To make your search easier, we’ve looked at the best selling and highest rated books on Amazon* and given you a quick preview of each.
Dave Ramsey has his supporters and detractors. If you’ve ever listened to his radio show, you know he can be short with some people. Yet going through Ramsey’s Financial Peace University showed us how to create our first emergency fund and allowed us to get on a path that would lead us to Early Retirement. Rating – 4.7 out of 5.
I was surprised to see Burton Malkiel’s classic is still near the top of the best sellers. But give him credit, the book which was first published in 1973, is now in it’s 12th edition. Fresh material includes thoughts on Exchange Traded Funds (ETF’s), emerging markets and bitcoin. Malkiel asserts the average investor can be most successful using an indexing strategy. Rating – 4.6 out of 5.
Chris Hogan is out of the Dave Ramsey school of financial thought, first working at Ramsey Solutions as a financial coach. Now as a speaker and radio show host, Hogan has his second best seller – Everyday Millionaires: How Ordinary People Built Extraordinary Wealth—And How You Can Too. It’s based on a study of 10,000 millionaires in the U.S. Hogan asserts that building wealth can be done no matter your income or background. Rating – 4.4 out of 5.
Publisher turned blogger, J. L. Collins’ book started as a series of letters to his daughter about money and investing. Collins asserts that complex investments are created simply to make money for those who are selling them. For retirees and those approaching retirement, he looks at what he calls the Wealth Building and Wealth Preservation phases of life. Rating – 4.7 out of 5.
As opposed to most books written about retirement, this one is written by a retiree. Fritz Gilbert started blogging as he approached his retirement at age 55. Now fully retired, he’s taken the lessons he’s learned and is sharing them in his first book. Gilbert covers everything from the basics, to how to decide what you want your retirement to look like. Rating – 4.6 out of 5.
Dana Anspach has written one of our favorite retirement books. Aimed at those who are already in their 50’s, the goal of Anspach is to align your investments, retirement accounts, taxes, Social Security, and pension decisions, all to provide life-long income. How much did we like this book? After reading it, we chose Anspach’s company to create our retirement plan. Need we say more? Rating – 4.7 out of 5.
There are a number of regrets in life, one is that we didn’t read this retirement book earlier. John Bogle is no longer with us, but his wisdom lives on in The Little Book of Common Sense Investing. The founder and former CEO of The Vanguard Group believed that simpler was better, and the best way to invest in stocks was to hold a large number of them for the long term. The average investor can do it, by selecting the proper low-cost index funds. If we could only own one book on investing, this would be it. Rating – 4.7 out of 5.
About Retirement Success: We don’t buy into the panic about Retirement created by so-called “experts.” Follow us on (Facebook Twitter IG) for insight from the real experts on Retirement – RETIREES! This is your path to Retirement Success!
*Retirement Success is a member of Amazon Associates. If you purchase of one of these items, we may receive a small percentage of the sale.