Why Be a Millionaire?
Why do I want to be a millionaire? Well first just facing the facts, according to Morningstar (Chicago-based investment research firm) I will need $1.18 million to support a 30 year retirement with an inflation rate of 2.5%. According to gobankingrates , I will need at least $2.5 million to retire. So... a million needs to be the norm if I am to live beyond the age of 60. And that's just to keep living life as is. But I have plans for so much more than that! It all started in 2012-2014, when I lived in the country of Bolivia serving as a missionary for my church. I spent all day every day among people who have nothing- as far as material goods go. Every day while I was there, we would pay a family to feed us lunch. At one point near the end of my mission, we were eating with a family where the dad worked in construction and the mom made and sold rolls. They were barely getting by on this while feeding their 3 kids. One day during lunch, the mom was telling us about a free w