Cover of The Golden Albatross

Book · 2020 · Finance, personal

The Golden Albatross

by Grumpus Maximus, Doug Nordman · Recommended by 3 people on 1 podcast

Why people recommend it

The Golden Albatross by Grumpus Maximus and Doug Nordman is a specialized financial guide designed to help military personnel and public servants evaluate the true economic value of their pensions. On ChooseFI, Brad Barrett frequently recommended the book to help listeners calculate their financial independence numbers when factoring in a pension, directing audiences to the show's website to evaluate whether their service commitment is truly worth it. MK also announced the pre-order availability of the text as the third release from Choose FI Publishing. During an episode featuring the author, Grumpus Maximus shared his personal background, explaining how suffering a post-traumatic stress-linked mental breakdown around his sixteenth or seventeenth year of service drove him to analyze the psychological and mathematical realities of leaving a secure job. Julia Harder mentioned on the podcast that reading the book gave her a very comfortable and informed sense of the strength and viability of military pensions. Throughout these episodes, the hosts and the author emphasized that while the mathematical models provided in the text offer a structured way to assess pension value, individuals must still navigate various assumptions when making major career transition decisions.

Who recommended it

Brad Barrett — 3 mentions
Recommended
“and he has a book called The Golden Albatross which you can actually find at our website he talks about this worth versus worth it”
Recommended
“we've released a book with grumpus Maximus that answers it directly called the Golden Albatross”
Recommended
“I'll just say real quick for individuals that are interested in his book you can find it at chooseify.com pension certainly go check out his website as well”
Grumpus Maximus — 3 mentions
Discussed
“I don't know if you've had time to either check out my website or read the book that choosefi published but if not just the background is hey I suffered a mental breakdown at year 16ish 17-ish pts link post traumatic stress linked mental breakdown”
Discussed
“so even if you use this my most mathematical way that I've developed and put into the book and have on the blog I still call it mathematics magic because you're making a lot of assumptions along the way”
Discussed
“I call this the gruntmatic method I've also written about it on the blog and in the book and you start stacking up all the objectively valuable features of a pension”
Julia Harder — 1 mention
Discussed
“I did read grumpus maximus's book The Golden Albatross and got a very comfortable sense for the strength of the military pension”
Mentioned on the show without a named speaker — 3
Recommended
“the first of which is that our third book from choose five publishing the golden Albatross by grumpus Maximus is now available on pre-order”
Discussed
“he has written a book actually for choosify publishing called the Golden Albatross which he talks very specifically and in depth about Penn”
Discussed
“I guess our uh question would be I read I did we do have your book I was only able to get through the first part before uh our coaching session today”

Also mentioned in the same episodes

Other mentions (1: passing, ad reads, own books)
Own book
“our book The Golden Albatross by grumpus Maximus is coming out on July 1st it deals all about pensions how to calculate the value the actual nominal value how to determine if you're going to stay if maybe you can only stay for so many years because you are just burned out from the level of work”