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Theodore Johnson - Worked for UPS
Earned $14K/year - Retired with $70 Million
This picture was taken from an article in the NY
times in 1991.
He worked for UPS and earned 14 thousand
dollars per year. You would think, this guy's not
going to be rich because he doesn’t make that
much money.
But, that’s not true. Wealth is about choices. Well, Mr. Johnson made some smart
choices. He had discipline and saved every month into his 401k. He made sure his
expenses never exceeded his income. When he got raises, he saved more, instead of
buying more. And he retired with 70 MILLION DOLLARS. When he died, he was
able to give 36 million to charity. He ended up with a LOT of money and it WASN’T
because of he made a lot.
Anyone can do this. Everyone can afford to save, IF THEY WANT TO.
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