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5 Things Rich Retirees Know That You Don't

<p>One of the most surprising things about the rich is that they spend a lot less money than most people. Many wealthy people have very low-interest rates and don't buy the most expensive stuff.</p>
<p>They also save their money and invest it in real estate, luxury cars, and yachts. But they don't spend it on unnecessary things; instead, they keep it in their garages for months to impress other people. While everyone has a fantasy of becoming rich, the rich spend most of their money on unnecessary items.</p>
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<p>The rich are very thrifty and don't spend their money on things they don't need or will never use. Most of them own their own homes and leverage the home equity to make investments. The reason for this is that home equity has low-interest rates and many rich people have mortgages. This can be a tax advantage. Their third focus is to save for retirement. This Website don't want to spend their entire life saving for a large house.</p>
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