Book Finished: The Number
Monday, July 20th, 2009Lee Eisenberg’s “The Number: What Do You Need for the Rest of Your Life and What Will It Cost?” is terrible. I couldn’t make it much beyond the first 100 pages because it’s all just hypothetical drivel that constantly returns to one common theme: You think you know your Number so that you can retire safe and sound, but I have 100 ways to prove you wrong!
I kept waiting to read some shred of advice about how to actually determine my “Number” and finally got fed up and skipped to the end. What’s all the build up for? So the author can tell you that there’s no real way to calculate an actual Number. It all depends. It depends on when you retire, if you’re going to work during retirement, how old you live to be (the biggest factor!), and countless other things.
I could have written this book in one sentence: Stop obsessing about a made-up Number and just put away as much money as you can into retirement accounts and be ready to go back to work if you need to and/or live to be older than 90!
This book actually contains some interesting statistics, but beyond that it’s pointless.
Next Up: Harry Potter and the Deathly Hallows
I’m reading the last book of the Harry Potter series again to get a good foundation for where the story ends. After that, I’ll reread the entire series from start to finish. This will be the third read for books one through four (and, eventually, seven) and the second read for books five and six.