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Reviewed by Astrid Iustulin for Readers' Favorite
Nowadays, middle-class millionaires are not rarities. It is not unusual that people save one million dollars or more for the time of their retirement. With the use of some precautions, this achievement can be within everyone’s reach. Author Clark A. Kendall has more than thirty years of experience in wealth management. In his book Middle-Class Millionaire: Surprisingly Simple Strategies to Grow and Enjoy Your Wealth, he shares his knowledge with everyone, offering some simple strategies on how to amass wealth. Kendall considers common situations like buying a car or a house, saving for college, retirement, health care, and insurance. In short, he reflects on circumstances that can happen in everyone’s life and has sound advice for each of them. Anyone who considers personal finance a lifelong process will find this book valuable.
I really enjoyed reading Middle-Class Millionaire. This practical guide uses a conversational tone that makes it informative and entertaining at the same time. From early savings to retirement, Kendall explains every step with a wealth of detail. His advice is realistic, and everyday life examples clarify the principles. The good practices Kendall suggests are not only imbued with financial expertise, but also with common sense. This is why Middle-Class Millionaire is such a great companion for every middle-class saver of any age. In fact, Kendall not only pays attention to grown-ups, but also to the savers of tomorrow. His concern for the financial education of children (a group rarely considered in books like these) is a sign of social responsibility. The greatest merit of Middle-Class Millionaire is to warn its readers to be financially aware throughout their lives.