No reason anyone living in this country can’t be a millionaire by the time they’re 60 if they practice frugal living and have a work ethic.
I made it. But just barely.
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No reason anyone living in this country cant be a millionaire by the time theyre 60 if they practice frugal living and have a work ethic.
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PLENTY of reasons for not being in the ‘$M club’; many having a single source of consternation: GOVT.
Govt...w/ it’s hand out to be ‘paid’ FIRST
Govt...TAXES galore (!= A1S8, let alone many Amendments)
Govt...rules/regs (again, NEVER passed by Congress but w/ the ‘weight of law’)
Govt...perversion of the Free Market
...
It’s enough the theft of ~12% of one’s pay to prop-up that which would be ILLEGAL in the REAL world. Ponzi schemes galore.
You know, I do not want to steal glory from the God who has blessed, but you almost have to be completely mentally incapacitated to not make this goal in America.
I heard one pundit basically say that you almost have to work at failure to not become wealthy in America.
Yes, yes, I understand the myriad of reasons for setbacks, but even still, compared to almost any other human on the planet now -- or ever -- nearly every single American is wealthy far beyond imagination!
Possibly that is an unfair assumption.
“No reason anyone living in this country cant be a millionaire by the time theyre 60 if they practice frugal living and have a work ethic.”
Agreed. A million isn’t that much anymore when it comes to retirement. I retired at 62 with no change in life style. Even if you are a janitor you should be able to retire in your 60s and continue your lifestyle. All it takes is the discipline to save.