The Simple Path to Wealth

Full Name
The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life

The Simple Path to Wealth is a popular reference among those passionate about achieving financial independence and adopting a straightforward approach to investing and managing their money. Author JL Collins breaks down the seemingly complex jargon of Wall Street and offers trusted and tested guidelines to creating and sustaining wealth. The book promotes a clear-cut strategy for investment, emphasizing the use of low-cost index funds and the power of long-term compounding. It also underscores the importance of maintaining a lifestyle below one’s financial means, automating investment processes, and steering clear of unnecessary fees.


  • Debt: Why you must avoid it and what to do if you have it.

  • The importance of having F-you Money.

  • How to think about money, and the unique way of understanding this is key to building your wealth.

  • Where traditional investing advice goes wrong and what actually works.

  • What the stock market really is and how it really works.

  • Why the stock market always goes up and why most people still lose money investing in it.

  • How to invest in a raging bull, or bear, market.

  • Specific investments to implement these strategies.

  • The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age.

  • How your asset allocation is tied to those phases and how to choose it.

  • How to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA and Roth accounts.

  • TRFs (Target Retirement Funds), HSAs (Health Savings Accounts) and RMDs (Required Minimum Distributions).

  • What investment firm to use and why the one I recommend is so far superior to the competition.

  • Why you should be very cautious when engaging an investment advisor and whether you need to at all.

  • Why and how you can be conned, and how to avoid becoming prey.

  • Why I don't recommend dollar cost averaging.

  • What financial independence looks like and how to have your money support you.

  • What the 4% rule is and how to use it to safely spend your wealth.

  • The truth behind Social Security.

  • A Case Study on how this all can be implemented in real life.


  • JL Collins is an accomplished senior executive with extensive profit and loss experience and a proven track record of growing revenue and profitability.

  • He is a seasoned expert in self-help, motivational texts, and a certified professional in the business of index funds.

  • He has been called "The Godfather of FI" in the financial independence community.