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Millionaires in Poverty
Season 1 · Episode 40

Millionaires in Poverty

Unconventional Wisdom · Ed Rempel

August 15, 202318m 38s

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Show Notes

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.