Whenever I ask around, how much do you need to be able to be able to slow down in work pace and that you can choose how to live your life and not rushing to work everyday, the answer is always $1 million. I dont know why but it seems that $1 million is the magic number. I mean how many of us, the working class can accumulate $1 million through savings.

I am sure most of you would have read the news about how a 74 yrs old cleaner was conned of her entire life savings of $400,000. You can read the news from here. This news served as a wake up call, if a 74yrs old cleaner, with not much of a education (my assumptions), is able to amass a huge savings of $400,000, I dont see any reason why most of us cant. In fact most ...