Capital Investment Advisors

#19 – The Path to Becoming a Millionaire Next Door

When The Millionaire Next Door book by Thomas Stanley was first released, I was an intern at my first investment job. Now, in its 23-year history, it has had a major impact on how people understand what it means to be wealthy in the United States. 

In this episode, we’ll discuss the habits Thomas Stanley wrote about in 1996, of the people who have created not just high income, but wealth. We’ll talk about the ways you can implement the traits of the Millionaire Next Door, debunk the lies that you need to be hedonistically rich to retire successfully, share some millionaire statistics, and the ways in which the Millionaire Next Door is related to the happy retiree.

The Millionaire Next Door by Thomas Stanley: 

Watch the full episode!

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