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Reply to "Is saving/investing actually a crappy way to get rich?"
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[quote=Anonymous]Yes, kind of. Ignoring this calculator seems off. One key factor many people don’t consider is simply earning more money. The average American is limited and if he or she wants to amass a lot of money, he or she has to scrimp and save. My own parents are worth millions and my father never earned more than 200k in today’s dollars. They didn’t have cleaners, stayed at inexpensive hotels, no yard person, scrimped and saved over the years. They judge my lifestyle because live large but we also earn close to 800k, which allows us to save around 250k in 401ks and RSUs. Instead of saving more, I’d prefer to focus on earning more. [/quote]
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