Manage episode 291911984 series 1945017
Anyone can build wealth. It's not always easy, but that simple belief motivates us to teach smart financial strategy to everyone who will listen. We love revealing how the power of compounding interest can turn you into a millionaire, as illustrated in our Wealth Multiplier.
But what about inflation? What about people in high cost of living areas? What about the uncertainty of social security? Without fail, we have naysayers bringing up these questions and more, saying that $1,000,000 does not count as financial success.
Let's take an honest look at the naysayers' perspective - what should we consider and where do they go wrong? Ultimately, we'll make sure these fears don't knock you off track from achieving your financial potential!
For more information, visit: https://www.moneyguy.com/2021/05/is-1000000-enough-to-win-financially/(opens in a new tab)