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Kiplinger
Kiplinger
Business
Joe F. Schmitz Jr., CFP®, ChFC®, CKA®

If You're the Millionaire Next Door, You May Be a Terrible Spender

Kiplinger
(Image credit: Getty Images)

You have worked hard for the last 40 years and have been a diligent saver to accumulate the wealth you have. Reports tell you that it is nearly impossible to run out of money because you have done so well. Now what?

Should you continue accumulating as much wealth as possible? If so, what purpose does it have now and when you are gone?

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