Wednesday, June 28, 2006

How to Get Rich

And retire by age 30. To summarize:

  1. Give up marriage
  2. Give up children
  3. Enter professions where your performance is directly related to $ like sales, finance
  4. Once you retire, spend only 3-4% of your residual income per year to last for the rest of your life
  5. All these estimates are based on the Stock Market continuing to increase at current rates which may not happen
  6. Don't expect to be happy necessarily. Rich does not equal happy.

1 comment:

Anonymous said...

Amen! Just had this conversation. There is so much more to life then money.
vj