Investment Strategies of Baby Boomer Retiree With $2 Million Net Worth
- 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.
