Automatic Millionaires
Yahoo Finance has an article on a couple who are “Automatic Millionaires“. The interesting thing about them is that they retired with almost 2 million dollars in assets, and never made over $40,000 a year each in their lives. They owned their own home and one rental home that brought in $26,000 a year.
This is a great example of how anybody can wealthy, and how real estate can be an excellent part of that wealth. Even if you don’t think that you can afford to be a real estate investor, if you start saving today, and save regularly, it is achievable.
Found via: The Millionaire Blog