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My dad is retired, I'm 20 years old, he's 49. I just say he's an investor. I used to explain to people how it was possible for him to be retired, without being
by throwaway8341 9y ago
My dad is retired, I'm 20 years old, he's 49. I just say he's an investor. I used to explain to people how it was possible for him to be retired, without being a movie star or lottery winner with index funds, but they looked at me like I was selling a Ponzi scheme. I guess me making a throwaway for this says something.
- ams6110 9y agoNot a scheme at all. My parents lived comfortably off their investments after retirement. They had accumulated close to $2M. Combined income never topped $75,000 in their best years. How? They lived modestly, spent money judiciously, and always saved for tomorrow.
- KGIII 9y agoI was 49 when I sold my company and retired. Yes, building a business is an investment.