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Can you work a minimum wage job and retire with $2 million?
A gentleman reader asks this question: “We read news about some people making six-figure incomes while
living paycheck to paycheck. My Taiwanese friend moved here, couldn’t read or write English, married an American GI, moved to Texas, worked at Walmart for minimum wage — worked for almost 60 years — and retired a few years ago only because her husband got sick. At 87, her stock portfolio is about $2 million. She owns two houses and lives with a disabled son. Her husband also had mental-health issues, so she couldn’t rely on him.” It’s possible she did this with seed money from her husband and, yes, it’s possible that she did this without it.
This post was originally published on Market Watch
