![]() Let’s start, though, by identifying the end point. But the defense didn’t provide much of a road map for people who want to follow the “Millionaire Next Door” path.Īccordingly, in this blog post, as a “proof of concept” of Stanley’s and his co-authors’ work, I want to provide that road map and describe a rough business plan. And it spotlighted some government statistics. It discussed some economists’ research papers. That defense, though, seemed a little theoretical. Note: That earlier blog post appears here: Defending “Millionaire Next Door” Theory: What Stanley’s Critics Got Wrong. Longitudinal surveys support Stanley’s conclusions. Last week, after reading the newest book in the “Millionaire Next Door” series, I critiqued the critics. More specifically, I pointed out how the charge that Stanley’s work reflects survivorship bias doesn’t really hold up. Download Your Free Copy of the Thirteen Word Retirement Plan.Five Minute Payroll Monograph (2019 Edition).Small Businesses and the Affordable Care Act (Obamacare).Preparing Form 3115 for the Tangible Property Regulations.Setting Low Salaries for S Corporations. ![]()
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