I've recently finished reading Derek Foster's "Stop Working", a personal finance autobiographic account from
1. His strategy of buying and holding (forever), recession-resilient, industry-dominant equities with a demonstrable history of maintaining and increasing dividend payments is one that I will (hopefully) begin to implement when I weigh my first transaction later this month. Among other factors, I will evaluate possible purchases with the criteria he outlines in his book.
2. I appreciate Foster as an agitator, which I mean in a very positive way. As an indication of this, the largest discussion thread ever recorded on MoneySense.ca's forums (320 posts at last count) was a topic that began, innocently enough, under the heading "The book "Stop Working" by Derek Foster" with the inquirer simply asking about any risks to this strategy. Foster himself became part of the online discussion, taking advantage of the forum to really clarify how, contrary to the model promoted nearly universally, his approach is not predicated upon the size of the nest egg. (Speaking firsthand, as part of the process of recently joining my company RSP plan, I indeed went through a 'retirement workbook' that quite clearly dictated exactly how much I needed at retirement (the nest egg) in order to stave off abject poverty.) Also, a good part of the discussion focused on financial models comparing Foster's approach and RRSP investing. Though it frequently became argumentative, I did learn a lot from these exchanges.
In short, whether one agrees with his strategy or not, I think Foster has been very effective (in some circles) at challenging assumptions and making people double-check and think hard, if not passionately, about their retirement plans, be them of the 'early' variety or otherwise.