How to retire in your 30s (Mauritius)

All we have is time, yet it has no value to others

Samuel Bonne


Image by Denizen

What would you do if you could retire at 30 and never think about money ever again? Is this even possible? The status quo tells us that we need to graduate high school, go to college, find a job, work for the next 30 years, probably get a raise somewhere down the line and retire at 60, grab a government pension plan or even better get a retirement plan from our former workplace and finish our lives happily ever after. We spend most of our lives working for money. Is this the only way to go? Or could money work for us?

Lessons from “Rich dad poor dad”.

Image from Goodreads (CC)

The idea of money working for you instead of you working for money was actually popularized by the bestselling author Robert Kiyosaki. An entrepreneur from an immigrant family in the US who fought his way to financial freedom.

Rich dad poor dad- what the rich teach their kids about money that the poor and middle class do not.

I read this book for the first time on a road trip from Nairobi to Rift Valley. I wouldn’t call it a book on investing, rather an introduction to personal and corporate finance. Robert lays out two stories. One of his poor dad (his real dad) a Ph.D. professor who was still struggling with money and the other of his rich dad (his friend’s dad) who had no degree but still became the wealthiest man in Hawaii.

The story is simple, Rich dad invested money into assets and not liabilities. He did not inflate his lifestyle beyond his means, he was always searching for good deals and he always evaluated risks.

Poor dad on the other hand was focusing on his 9–5 instead of investing his money, he was keeping up with the Jones and his house and car were his greatest assets.

The 5 rules of Gold

The above ideas were first introduced by Clarkson in his book “The richest man in Babylon”.To summarize, it goes like this:

1. Gold cometh gladly and in increasing quantity to any man who will put by