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- A government employee can be a Millionaire.
A government employee can be a Millionaire.
Welcome to a new world.
Timeless Success Secrets
April 29, 2025
Did you know that there are ‘Millionaire’ Firefighters?
Robert has two friends who are millionaires and firefighters.
“I have two friends who are examples of success on both sides of the Cashflow Quadrant.” Robert said. They have tremendous job security with benefits, and they have also achieved great financial wealth by being on the right side of the quadrant. They are both firefighters who work for the city government with good, steady pay, retirement plans. On two days of the week they work as firefighters and the other three days they work as a professional investor. The last two days are for fun and enjoyment.
One buys old houses, fixes them up and collects rent. This guy owns 45 houses that pay him $10,000 a month net, after debt, taxes, maintenance, monthly management. He earns $3,500 as a firefighter which makes his total monthly income $13,000 and annual income about $150,000 and growing. Before retirement he wants to have an income of $200,000/year. It should be kept in mind that he is a government employee.
The other friend uses his time analyzing companies and taking long-term positions in stocks and options. His portfolio is now more than $3 million. If that money is cashed out and earned a 10% interest a year, he would have an income of $300,000/year. He would get that money for his entire life. Note that he has a government job.
Both friends have enough passive income from their 20 years of investing to have retired by age 40. They enjoy their jobs and want to retire with full government benefits. Then they will be free to enjoy the benefits of success from both sides of the quadrant.
I found this thing in Robert Kiyosaki’s Rich Dad’s Cashflow Quadrant book. This proved you can be rich by doing anything as long as you are learning things about the ‘right side of the Quadrant.’
You can get the book here:
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