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Affluent American Households

If you have a great business idea, bet on yourself. Go out on a limb and take a risk. After all, that is where the fruit is at!

A quote from the book The Millionaire Next Door:

Twenty percent of the affluent households in America are headed by retirees. Of the remaining 80 percent, more than two-thirds are headed by self-employed owners of businesses. In America, fewer than one in five households, or about 18 percent, is headed by a self-employed business owner or professional. But these self-employed people are four times more likely to be millionaires than those who work for others.

Source:  https://www.theladders.com/career-advice/4-things-millionaires-have-in-common-backed-by-research


Information in this material is for general information only and not intended as investment, tax, or legal advice. Please consult the appropriate professionals for specific information regarding your individual situation prior to making any financial decision.

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