Now people do it themselves. Financial institutions are finding they need to educate people as much as sell them investments. Compare the LVC experience to The Millionaire Next Door by Stanley and Danko. We need to distinguish between income and wealth.
Income is cash flow.
LVCers learn great financial defense. These figures do not include friends of LVC, churches, businesses, inheritance, etc. Also consider growth of this money over time. Youth is an advantage for investing. Most LVCers are relatively young.