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Investing/Strategies / Retirement Investing
|Subject: Re: Secrets of the 0.2%||Date: 1/24/2012 8:50 AM|
|Author: JLC||Number: 69981 of 74485|
Earn a lot. And save a lot.
You don't even have to earn a lot.
Way back in the day before TMF became a shill for their products, they had an example of how "easy" it was for someone earning minimum wage to save/invest and become a millionaire. IIRC, that was back when minimum was around $5.
While it was unrealistic in that it didn't take into account having to live off minimum wage and that it took about 45 years, it proved the point that you don't have to have a 6 figure income to get rich.
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