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- An Idaho couple retired with a net worth of over $2 million by living frugally and making smart investment choices.
- Richard learned investment strategies later in life after losing thousands in the dot-com bubble.
- Richard’s story highlights the “millionaire next door” mindset of diligent saving and careful investing.
Richard, who is in his mid-70s, never held a very high-paying job and made various investment mistakes that cost him thousands over his life.
However, the Idaho resident said living frugally , prioritizing retirement accounts , and making smart real estate decisions allowed him and his wife to retire comfortably with over $2 million in assets after a career in state government and consulting.
Richard learned about investment strategies later in life after losing thousands in the dot-com bubble . After that, he said his path to growing wealth was modest and careful. He asked to use his first name only for privacy concerns.