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Ten 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.

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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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Last updated: 15 February, 2010 02:43:16