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Saving For Retirement Will Not Make You Wealthy | Cashflow Explained

The Financial Guru's make Millions teaching people to live in scarcity. Yep, I'm talking about people like Suze Orman and Dave Ramsey. They've been telling you this:

Get used to living below your means.
Have a plan to work into your 70's.
Stop going to Starbucks because that money you spent on a latte could compound to a million bucks over 40 years.
Pay off your mortgage & cut up your credit cards.
Scrimp and save until you turn 67 and hope you don't outlive your nest egg.
Save all you can and don't spend, be frugal.

They teach people to work their entire life to build up a big ole pile of cash (net worth), then at retirement start taking money out of it and hopefully there will be enough. It's a scarcity mindset that cause people to live in fear of running out, playing defense instead of offense. Saving money isn't a bad thing, its just doesn't create true wealth (freedom to do what you want, when you want).

On top of that, it's not working, the numbers are dire on how...

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