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.
Watch the YouTube video or listen to my podcast episode to find out:
- 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.
Planning With Ed
Ed Rempel has helped thousands of Canadians become financially secure. He is a fee-for-service financial planner, tax accountant, expert in many tax & investment strategies, and a popular and passionate blogger.
Ed has a unique understanding of how to be successful financially based on extensive real-life experience, having written nearly 1,000 comprehensive personal financial plans.
The “Planning with Ed” experience is about your life, not just money. Your Financial Plan is the GPS for your life.
Get your plan! Become financially secure and free to live the life you want.