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Top Steps to Retire a Millionaire


Title: Ten Steps to Retire a Millionaire

Source: Yahoo! Finance, Investopedia.com

Author: Lisa Smith

Date: October 22, 2008


Picture Source: Wikipedia.org


10 Steps to Retire a Millionaire

Excerpt:

    Having a million-dollar portfolio is a retirement dream for many people. Making that
    dream come true requires some serious effort. While success is never a sure thing,
    the 10 steps outlined below will go a long way toward helping you achieve your objective.


Click here to read full article.


Talking points


What are the ten tips the author offers for becoming a millionaire?

Do you agree with her suggestions? Have you tried them?

Do you have a savings plan for retirement? If so, what is it?

What are some of the best ways of investing for the future?

Which methods of investment do you think are the safest for these economic times?

Which types of investments should people avoid, in your opinion?

What would be your suggestions for retiring a millionaire?


Vocabulary from this article:

wealth
portfolio
mogul
extraordinary
obvious
paycheck
liability
contribution
stash
asset
allocation
equity(-ies)
entail(s)
security(-es)
mitigate
setback
chunk
lifestyle
compound(ing)
enroll
cliche
guarantee(d)
statistic(ally)
maximize
minimize
risk
fund(ed)
eligible
taxable


Expressions

dream come true
sure thing
fixed-income
tax-deferred
get-rich-quick scheme
road to riches
your odds
on autopilot
return on investment
get the job done
two-income family
on track

See also: Financial Topics

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