No. Uncle8888 didn’t want to follow his Poor Dad’s foot path to become liabilities to his three children. He took the path of Rich Dad to become an asset.
Some parents are just too poor to plan for their own retirement. There is nothing leftover after providing whatever they have on hand to their children. That is their “best” relatively!
When they are so poor how to reach FI through saving and investing?
How? Big how?
To be able to plan for retirement; it is all about absolute savings in dollars!
Once upon a time; one blogger was happy to announce that he has achieved his $50K savings target for that year. But; another blogger added on that he had saved more than $90K.
I can. You can! …