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The Millionaire Next Door

By: Natalie Swain
Updated: June 11, 2010
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The American Millionaire has these common characteristics:


·         57 Years Old

·         Married, 3 Children

·         80% Working

·         66% are Self-Employed

·         Work 45 - 55 Hours per Week
 

 

 

And here is what the average Millionaire Consumes:

·         Live on less than 7% of wealth

·         Save more than 15% of annual income

·         Drive 10 year old cars

·         Average home $320,000

·         Spend less than $500 on watches

 

 

 

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