Reported 2 months ago
In a recent analysis, financial expert Dave Ramsey identified two pivotal factors in achieving a net worth between $1 million and $5 million: consistent investment in retirement accounts, such as 401(k)s and IRAs, and owning a paid-off home. His study revealed that the vast majority of millionaires followed a disciplined, long-term investing strategy and prioritized homeownership, which contributed significantly to their financial stability and wealth accumulation.
Source: YAHOO