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How to Retire a Millionaire (Hint: It's Easier Than You Think)
Fiduciary News Link to more items from this source
Feb. 25, 2014
"Why don't we see a lot of 'teenage' millionaires? First, IRAs haven't been around long enough for our hypothetical 15 year old to have turned 70 yet. More to the point, though, is why haven't we seen a lot of teenage IRAs in the first place. 'In my experience of dealing with young savers,' says Michael Lecours, Financial Advisor & Marketing Manager at Ohanesian / Lecours in West Hartford, Connecticut, 'they will always have a reason not to invest -- not enough money, simply forgot, or need money to pay other expenses. Something comes along that seems to be more important than saving for something that won't be used for 50 years.'"

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