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You don't need a dictionary to understand it's time for some money rehabilitive Kylie Jenner, a woman who needs no introduction, has set her five year old daughter Stormi up to have $14 million tax free by the time little stormi is ready to retire. True, Kylie has buckets of money. Forbes called Kylie Jenner, the youngest self made billionaire. Whether or not Kylie is self made is a little debatable. But it doesn't matter whether you are or aren't a billionaire because anyone can use the same money moves as Kylie and make their kids millionaires.

This is one of the best kept secrets in the financial world. You do not have to make a million dollars to make your kids millionaires. Pick your jaw up off the floor and let me tell you how to make this happen for your fam. This is how Kylie did it when Kylie's daughter Stormy was two, she appeared in a commercial for Kylie's brand, Kylie baby. Because Stormi was in the commercial, she could get paid for that appearance as an actor and Kylie could open what is called a custodial Rothdeh IRA account for stormy, a custodial Roth IRA account is exactly what it sounds like, a Roth IRA that a guardian can open for their kid.

The only real requirements is that the Roth IRA has to be funded by some income that the kid earned. So in Kylie's case, any income that Stormi earns as a model or actor in promotional materials or videos for Kylie's brand can totally go to her custodial Roth Ira. If Stormy via Kylie continues to max out the Roth IRA contributions, then she will have over $14 million when she retires. And because it's a Roth IRA, not a traditional IRA, when Stormy goes to use that money in retirement, it will be totally tax free. Okay, I'll cop to something.

I don't actually know if Kylie set this up for Stormy because the Kardashian jenners aren't going around giving interviews about their tax advantaged retirement strategies. So silly, right? What else would they be talking about or posting at my house when I'm traveling helps offset the cost of my travel.So it's such a win win. I mean, if I could do it, you could do it, and your home might be worth more than you think. Find out how much@airbnb.com. host.

at my house when I'm traveling helps offset the cost of my travel.

So it's such a win win. I mean, if I could do it, you could do it, and your home might be worth more than you think. Find out how much@airbnb.com. host.