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> Nobody gets rich via income. 85% of American millionaires are self-made (i.e. first generation). "The Millionaire Next Door" https://www.amazon.com/Milliona
by skookumchuck 7y ago
> Nobody gets rich via income.
85% of American millionaires are self-made (i.e. first generation).
"The Millionaire Next Door"
https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474 https://www.amazon.com/Millionaire-Next-Door-Surprising-Amer...
- Spooky23 7y agoThe vast majority of that is retirement savings, and the number of those folks has ballooned as defined benefit pensions have been discontinued.
- skookumchuck 7y agoFrom page 8, only 1 in 5 is retired. Even so, claiming that retirement savings do not count as wealth seems rather odd. You can choose to read the book and determine how it is done, and what you can choose to do to become a millionaire yourself, or you can choose to remain a victim of fate. Your choice.