Car-Guy
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Personal Wealth Accumulation
For those who to care to share, retired or not, how did you accumulate your wealth? (Use your definition of wealth) Working for the man at (mega corp(s), owned your own business, inheritance, gifts, investing, lottery , etc.. Or some combination or other source.
For me, even though I received a rather large inheritance well after I retired, I accumulated the majority of mine simply working for a mega corp "and" contributing/investing the max amount to the companies matching 401k for ~30 years. Pretty simple, IMO.
So for the younger folks on this forum, you can accumulate a good chunk of money (even millions) as a worker bee, as I did. I don't think I'm an exception or a rare case. Just steady work, saved, invested (conservatively), took advantage of things like a companies matching 401k, (that is a big deal over 30 years), etc. Of course getting a well paying job helps.
Anyone else care to share their wealth accumulation story?
For those who to care to share, retired or not, how did you accumulate your wealth? (Use your definition of wealth) Working for the man at (mega corp(s), owned your own business, inheritance, gifts, investing, lottery , etc.. Or some combination or other source.
For me, even though I received a rather large inheritance well after I retired, I accumulated the majority of mine simply working for a mega corp "and" contributing/investing the max amount to the companies matching 401k for ~30 years. Pretty simple, IMO.
So for the younger folks on this forum, you can accumulate a good chunk of money (even millions) as a worker bee, as I did. I don't think I'm an exception or a rare case. Just steady work, saved, invested (conservatively), took advantage of things like a companies matching 401k, (that is a big deal over 30 years), etc. Of course getting a well paying job helps.
Anyone else care to share their wealth accumulation story?
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