Episode Details

This may sound like a dumb topic. Why would a millionaire live in poverty?

We see it all the time, though. 

People living in a paid off home worth more than $1 million while living on an income of $20,000/year before tax.

I believe this is caused by the belief that your home is your retirement.

Millionaires in poverty have 5 options – all 5 of which are stupid.

Listen to this podcast episode to find out:

What are the 5 stupid options for Millionaires in poverty?

• The #1 option we recommend for retirees who own their homes.
• How to downsize effectively.
• The BIG mistake in investing.
• The key benefits of self-made dividends.
• How to tolerate risk.