Friday, December 17, 2010

Where Do Millionaires Get Their Money?

Most get their money by working, earning and saving.

80% of US millionaires are the first-generation of their families to get to that level.

Only a very few of them are celebrities and athletes and Wall St all-stars. Most of them are just like you and me, but with a bit more luck, or a better idea, or a better work-ethic. Or a better savings/investment plan...

If you save 5% of your income, you'll have some extra money in retirement to supplement Social Security and any pension you might have. If you save 15%, there's a very good chance you'll be a millionaire.

Talk to me about your strategy. It's what we do, and it works.

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