Billionaires Dont Save For Retirement; Heres Why
Nasdaq The first thing that people think about when planning for the future is securing an income post-retirement. Going from the comfort and stability of regular monthly salaries to depending on depreciating funds can be challenging, especially if you are accustomed to a certain lifestyle.
So if saving for retirement isnt going to work, what should you do instead? Take a look at the ones who made it big in life billionaires. Did you know that billionaires dont save for retirement and still manage to maintain the same lifestyle and maybe do better even after retirement? Have you ever wondered what they do instead?
Unless you have generational wealth, becoming rich requires a great understanding of money and the market. You might not become a billionaire simply by following them, but you can certainly know the best-kept secrets of growing your money.
Saving Vs. Investing How Billionaires Become Billionaires?
The biggest difference between a regular salaried employee and a billionaire is the way they handle money. Whether in business or post-retirement, billionaires understand that money is a depreciating asset. The value of $50k today wont be the same 15 years later, thanks to inflation. You can see the difference yourself. The prices of gas, real estate, and even groceries have dramatically gone up.
