Rich is a simple

Is the American dream richness:, own Beach House, and four cars, and send children to private schools, everything before age 40. Well, I'm sorry to say this dream probably unrealistic. Certainly, you may get lucky and start a successful business financial functions, Earth barbarian big money on Wall Street, or developing talent only to buy and sell stock or property right of rental time. But honestly your chances of achieving any of these goals is not much better than that of winning the lottery.

Rich simple

But there is hope. Getting rich is quite simple (albeit not exactly easy) and rate of success when you follow these guidelines, common sense is nearly 100%. Without further adieu here's the secret to retirees rich.


Save your money -could not grow tree without seeds. Your savings is your seeds. You can use for business growth, investing in real estate, on repression in your 401k. I think the old rule experience must save 10 percent of your income is outdated. In the old days, can count on a greater number of people at pension Corporation to finance part of their retirement and that 10 percent that feeling. In this era I think 20 percent of the more realistic goal.

Make more money -you can make more money and more money you save. Work to improve your skills in the workplace, and more importantly, perhaps over other sources of income to agriculture.

Invest in index funds . you cannot control what the market, but you can control how much you pay for the privilege of participating in the market. They can't win 70 per cent of active managers in the market, it is best to not even try.

Insurance against loss -make sure your wealth sufficiently insured against loss, death or disability, or claim responsibility for rogue.

Repeat about 40 -sure, it would get rich fast in this way, but will enter golden years with capital is more than enough to maintain your standard of living largely indefinitely, which I think is the most appropriate definition of the word "rich".

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