Is Super Savings The Fastest Way To Become A Millionaire? (#293)

A.B. Ridgeway explores the phenomenon of supersavers—individuals who contribute significantly to their retirement savings. He discusses the historical context of supersavers, their financial habits, and practical strategies for listeners to become supersavers themselves. Ridgeway emphasizes the importance of consistent saving, the power of living below one’s means voluntarily, and the benefits of making saving as automatic as bill payments.

Key Takeaways:

1. Historical Context of Supersavers: Financial crises, such as the Great Depression, the 1980s stock market crash, the dot-com bubble, and the 2020 global events, have led to generations adopting conservative saving habits. These periods of economic uncertainty have underscored the importance of financial preparedness and the role of supersavers i ...