Early Retirement Extreme is a book that provides a philosophical and practical guide to achieving financial independence in 5-10 years. The author, Jacob Lund Fisker, shares his own experience of achieving financial independence at the age of 30 through a strategic combination of smart financial choices, simple living, and increased self-reliance.
The book’s main themes include a systems approach to lifestyle design, a combination of simple living, anticonsumerism, DIY ethics, self-reliance, resilience, and applied capitalism. The author emphasizes that the book is not a ‘how-to’ manual for a specific lifestyle but rather a ‘how-to’ manual for creating one’s own strategy for financial independence.
Useful takeaways from the book include:
- The importance of adopting a systems approach to lifestyle design
- The benefits of simple living and anticonsumerism
- The value of DIY ethics and self-reliance
- The need for resilience and adaptability in achieving financial independence
- The role of applied capitalism in creating a sustainable financial future.
What I Liked
Everything. There are not many books that I can say genuinely changed my behavior and created a new mental framework, but this one did. It’s extreme, but in a way that pushes and pushes your own logic and cognitive dissonance until it breaks and you have to really decide what you think about and how you value money. I love it. I wish more Americans (and really anyone with a minimum income anywhere in the world).
What I Did Not Like
Not a whole lot. The book is self-published and rough around the edges, but I like it that way.