Quit Like a Millionaire

No Gimmicks, Luck, or Trust Fund Required
Narrated by: Kristy Shen, JL Collins
Length: 8 hrs and 40 mins
4.5 out of 5 stars (706 ratings)

Audible Premium Plus

$14.95 a month

1 audiobook of your choice.
Stream or download thousands of included titles.
$14.95 a month after 30 days. Cancel anytime.
Buy for $24.50

Buy for $24.50

Pay using card ending in
By confirming your purchase, you agree to Audible's Conditions of Use and Amazon's Privacy Notice. Taxes where applicable.

Publisher's Summary

From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence

A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms

Kristy Shen retired with a million dollars at the age of 31, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the four percent rule and the Yield Shield - so you can quit the rat race forever. Not everyone can become an entrepreneur or a real estate baron; the rest of us need Shen's mathematically proven approach to retire decades before 65.

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio. The PDF includes detailed charts, graphs, formulas, illustrated strategies, and the complete appendices from the book, to help reach financial independence and retire early.

©2019 Kristy Shen and Bryce Leung (P)2019 Penguin Audio

Critic Reviews

“This book wants you to be rich: in money, in time, and in life. You have come to the right place. Kristy and Bryce take you through the process step by step, with actionable things that you can do no matter what your age, location, background, or education.” (JLCollins, best-selling author of The Simple Path to Wealth)

“Kristy Shen and Bryce Leung, in a few hundred delightful, information-packed pages, shows exactly how Kristy went from rags (in China) to riches (retired world traveler millionaire at 30). Their stories are fascinating, told in a no-nonsense style that busts through any excuses. Their precise investment strategies, explained clearly, show you how to both get financially independent - and stay there. And they're hilarious.” (Vicki Robin, New York Times best-selling co-author of Your Money or Your Life)

"Quit Like a Millionaire is the best possible combination: Life-changing information with a page-turning writing style that you simply cannot put down! Equal parts engaging, hilarious, and transformative, Kristy and Bryce deliver with the rare book that'll make you look at the world a little bit differently." (Brad Barrett, co-host of the ChooseFI podcast)

More from the same

What listeners say about Quit Like a Millionaire

Average Customer Ratings
Overall
  • 4.5 out of 5 stars
  • 5 Stars
    573
  • 4 Stars
    85
  • 3 Stars
    32
  • 2 Stars
    8
  • 1 Stars
    8
Performance
  • 4.5 out of 5 stars
  • 5 Stars
    495
  • 4 Stars
    87
  • 3 Stars
    36
  • 2 Stars
    9
  • 1 Stars
    3
Story
  • 4.5 out of 5 stars
  • 5 Stars
    502
  • 4 Stars
    80
  • 3 Stars
    30
  • 2 Stars
    8
  • 1 Stars
    3

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    1 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    2 out of 5 stars

She gives some bad advice.

She lost me when she dedicated a chapter to why home ownership is bad. She breaks down the math and basically says buying a house over a 10 year period is a wash. Any gains made on the sale are essentially eaten up by interest and expenses. I'm not going to dispute that. But what she fails to do is compare that to the cost of renting. $2500 per month for rent over a 10 year period is $300,000 in expense. I'd take a financial wash on my housing over a $300,000 expense in rent.

12 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Best&Most Practical Book on Finance and life!

damn it's refreshing to read that! no BS, straight to the point and applicable advice!! I've already sent the book to all my friends! The story telling progression of the book makes it even better to read. Concepts I hard a hard time understanding before have been miraculously made easy! Thank You!!
read now!

6 people found this helpful

  • Overall
    3 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    3 out of 5 stars

Less a FIRE book and more a personal journey

Its less a FIRE book and more a personal journey and relies heavily on travel to save money, which is not to my taste and smacks of colonialism. I didn't see anything wrong with the advice, but JL Collins's book The Simple Path to Wealth, plus Mr Money Mustache's page The Shockingly Simple Math Behind Early Retirement plus the book Random Walk Down Wall Street are all you really need.

She just is a little self-centered for my taste, but it's a good book to introduce people to FIRE, but it's a bit much. I've been researching FIRE topics on and off for years (mainly investing), so I'm not as much the audience.

She just feels a little young to me, and I say that as a fellow millennial.

All you really need to know about FIRE is:
1. Your savings rate determined
2. Asset allocation is critical, your balance between bonds and stocks.
3. See #1 and see #2, until you get close to your FIRE number.
4. For your FIRE number take your average annual spending and multiply by 25. Unless you want to work part time during retirement, then halve your average annual spending (assuming you'll make half what you normally do working part time) and multiply that by 25. See also: sideFIRE or Barista FIRE.

As for the people saying only DINKS can do this, you're wrong, but having kids will set your fire goals back significantly.

Early Retirement doesn't have to be when you're in your 30s. I wish I could do it now that I'm in MY 30s, but there's nothing wrong with 40s or 50s; it's all about what is best for you, what kind of lifestyle you want after retirement, etc.

5 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

The wisest, most entertaining money book out there

The author/narrator does a really good job of weaving together her life experiences and limiting beliefs to help explain her very original approach to money. I can't imagine reading such a personal and inspiring book without being able to also hear the wonderfully authentic narration by the author herself. I love the way she shared her lightbulb moments and personal choices which finally allowed her to Quit Like a Millionaire. I also enjoyed the forward by JL Collins. And most of all, I love Kristy’s completely blunt and honest approach to money and her way of showing what it looks like to take control and choose your own financial direction. If you want a roadmap to FIRE this is it. I'm recommending this book to everyone I know who cares about money and personal finance. I love this book!

3 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

the bible about understanding money

this book was amaizing. For the longest I heard many different ways of investing your earnings but never really understood how it all tied together.

2 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Comprehensive Guide

This is an awesome book that gives a real step by step way to follow her journey to a millionaire. I’m also going to buy the paperback because some of the concepts are a bit too complex to understand in the audio version. Also Kristy is a great book narrator and read the material in an engaging and easily digestible way. Must listen/read for anyone looking to get their time back with Financial Independence.

2 people found this helpful

  • Overall
    1 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    1 out of 5 stars

More like a memoir than a guide

I kept waiting for solid info but the author only talks about herself. Very boring and I gave up half way through. Don’t waste your money on this book.

4 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    5 out of 5 stars

helpful content; author should stick to writing

Kristy Shen sounds unnatural reading this, but the book's content is interesting + helpful.

She sounds robotic at times, separating the syllables of words in awkward ways. She also has a slight lisp, which personally wasn't an issue but my SO noticed it immediately and couldn't take the audio seriously. Therefore, people should just make sure to keep this in mind.

For the content, some of it is really good (investment ideas with exact tickers and discussing the 4% rule) other times it is not applicable to me (like $500K+ homes) but the general idea still is. Another commenter mentions she says buying a home after 10 years is still a wash. However, they failed to mention how she discusses the rent vs home cost ratio and you need to keep that in mind. I forget the exact percentages but if rent is X% more than mortgage, it's better to buy a home. This is dependent on where you are living and house cost vs rent cost, of course. For her, a home where she was living was a bad deal, and this may or may not be applicable to you.

This book also taught me about capital gains harvesting, something I never thought about before. Just selling and immediately buying back a stock if you're in the 0% capital gains threshold ($40K for single as of now). I've known about wash sales and tax loss harvesting, but for some reason never learned this one. Also, Roth conversion ladders were a nice thing to mention and helpful for me to get a better grasp on them.

She also talks about several different retirement options depending on country and career. While not applicable to me, I think it's good information to put in to give everyone a more worldly view on retirement.

  • Overall
    5 out of 5 stars

I expected more Canadian content

loved this book! My only complaint is that most of the content is related to Americans, which was a bit disappointing because the author is from Canada. it was a bit confusing trying to apply the information in the book back to Canada when she didn't always cover both. Otherwise I loved it

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Retirement 101

Why didn't I read this ten years ago?! You've brought clarity to the act of saving and a fool-proof method to achieving your dream life. Highly entertaining and educational for ALL retirement savers (but mostly beginners like me). Loved it!

Sort by:
Filter by:
  • Overall
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for techSavy
  • techSavy
  • 07-29-20

Advice for normal people

As many others said, this is focused on US and Canadian markets but if you do a little bit of homework, you can find similar products in the UK. It is very inspiring and gives you clues about what to do to become financially independent. I really liked it and hopefully will continue working on improving my finances and why not become a millionaire.

  • Overall
    2 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    3 out of 5 stars
Profile Image for B Davies
  • B Davies
  • 08-03-19

Hard work to listen to

I usually enjoy books read by the author but this was like listening to a machine gun. The delivery was stilted and distracting.

Very focussed on world travel and US-centric finances which I wasn’t expecting from a Canadian author.

Content was otherwise interesting, but low on practicalities. There are better books on FIRE out there.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Karen
  • Karen
  • 07-17-19

A must read for....everyone

Not the usual finance book, this narrative and style makes for an entertaining story, one that helps clear the noise around personal finances and the journey to wealth.

An open & honest account, one I would recommend everyone to read. I thoroughly enjoyed this book.

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Kindle Customer
  • Kindle Customer
  • 07-24-19

In-depth FIRE guide

a great in-depth and reproduceable guide to FIRE. some very US centric tax chapters. I recommend this and their blog!