429: Net Worth Of $13.9M - "I Never Made Six Figures…Now I'm Worth Almost $14 Million at 66 Years Young"

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8 • 872 Ratings

🗓️ 20 October 2025

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

💡 Episode Summary:

In this episode of Millionaires Unveiled, we sit down with Sam, who went from earning a modest income as an engineer to building a net worth of nearly $14 million. Sam shares how discipline, smart investing, and intentional time management helped him retire at age 56 with $3 million, and how that has since grown to $13.9 million through consistent, long-term strategies.

He opens up about his approach to ETFs, real estate, and retirement accounts, and why avoiding debt and keeping overhead low were crucial to his success. Sam also discusses the mindset shifts that propelled him forward — from staying grounded in gratitude to surrounding himself with positive influences. Throughout the conversation, he offers practical, no-nonsense advice for anyone looking to achieve financial independence and live life on their own terms.

🧭 Key Takeaways:

Sam retired at 56 with $3 million, which has now grown to $13.9 million.
His investments focus on long-term ETF holdings and real estate.
Maximizing retirement contributions played a major role in his wealth-building.
He stresses the importance of keeping expenses low and avoiding debt.
Mindset and positive influences are crucial for sustained success.
Always have a Plan B for your business and investments.
Avoid frivolous spending — focus on needs, not wants.
Time management is a major factor in reaching financial goals.
Early life experiences shaped his work ethic and financial discipline.
Encourages young people to read, learn, and invest early.

🔊 Sound Bites:

"Stay away from the toys."
"You have to have a plan B."
"Time management is key to success."

Transcript

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0:00.0	It's all about getting the books and getting around good people who will help you and not hanging out, not wasting time.
0:08.0	The last bit of advice at this point in life, it's all about time.
0:11.4	When you're young, you have lots of time and no money.
0:14.0	And when you're older, you have a little bit of money and not much time.
0:17.6	So if one can just focus on time management throughout their life and say no and say no,
0:23.8	and once again say no to anybody stealing your time that you're not going to get a fair return on,
0:30.7	then I would walk away from time wasters, as I call it, time sucks. That is, anything that's going to take your time, so that you can focus on two or three goals that are most important.
0:43.3	Welcome millionaires and future millionaires.
0:46.3	You're listening to the Millionaires Unveiled Podcast.
0:48.3	The show where you'll hear the stories and interviews of everyday millionaires will unveil their decisions, their strategies,
0:55.2	and their portfolio allocations.
0:58.1	Now to your host, Jace Matanson.
1:01.9	Welcome back to another episode of the Millionaires Unveiled Podcast.
1:04.4	This is episode number 429.
1:07.2	This is the podcast where everyday millionaires spill the beans on their stacks of green. We're
1:12.2	your host, Jason Stacey, ready to bring you the unscripted tales of wealth, warts and all,
1:17.3	because who needs a script when you're rolling in dough? Join us as we dive into the net worths
1:21.5	and asset allocations of regular folks turn financial titans. It's like cribs, but with fewer
1:26.5	gold-plated toilets and more practical advice. We promise the only rare edits are to be kid-friendly, so you won't hear any naughty language, just lots of chiching, and maybe a sprinkle of do reamie. So buckle up, tighten those purse strings, and get ready to laugh and learn with Millionaires Unveiled. Today we've got a very fun episode, but before we get into it, if you'd like to be on the show, send us an email,
1:46.0	Millionaires unveiled at gmail.com.
1:49.0	We're always looking for new great entertaining guests and even some returning guests
1:52.2	who are willing to give us an update, share their story, and let us learn from everybody.
	...

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