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No. of Recommendations: 2
>> The authors define "rich" as having $1 million or more of "investible assets".


33% equities

It's truly a luxury to not have to bet most or all of your retirement hopes and dreams on the roulette wheel. We middle class folks without substantial pensions aren't so fortunate.

Of course, $1 million in "investible assets" only represents an income stream of $30-40K a year, hardly the income of a "rich" person.

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