has anyone retired a millionaire?

Sure. But you have to make financial moves from early on in life that fly in the face of Western Consumerism.

This book goes into some of this. This guy also has a pretty "no bull" approach to handling your money.

The guy with no overhead that actually puts away his money could easily be a millionaire by the time he retires.

If you put away $100 a week for 40 years in an account with just 3% interest, you'd have over $400,000.

Cue everybody telling me how it's impossible to have $100 extra every week.

 

I think he would have to be excessively cheap, own more than one truck, or have other income on the side. Cuz 20 years is 50k a year.

 

it is, but you would have to be one hell of a penny pincher, and be a total hermit.

It is 50K a year, so you would really have to put 100K a year in the bank because of taxes.

 

They say that to make a small fortune in trucking....you have to start with a large fortune

 

Just did the rough math for 6% interest.

$5200 a year with 6% interest over 40 years is over $900,000.

So yeah, investments are your friend.

 

i'm going to retire a millionaire the red-neck way..........

i'm gonna hit the lottery............

 

Dave Ramsey is dangerous.

 

Nah that is the aviation business.