And the earlier you start saving, the easier it is to achieve the goal. Of course that kind of return isn't likely over the long term, although we have seen it in the last half-decade. For simplicity's sake, say that person gets a 2 percent raise every year until retirement and saves 10 percent of it each year. There are some auxiliary rules for getting rich, the authors say. Few high school dropouts will make enough money to save.
Marriage seems to provide a stable setting, which promotes greater earnings and better savings.
Households with one person working make, on average, nearly 70 percent more than those with no workers. Welfare is no way to riches. Households with two earners have incomes 80 percent higher than those with one earner. The more earners, the more income. It will happen in your 50s.