Record High of 401(k) Millionaires: What They Did Right

Reported about 4 hours ago

A record 595,000 Americans now have $1 million or more in their 401(k) accounts, representing a 16% increase in just one quarter, as reported by Fidelity. Experts emphasize the importance of consistent investing over time, with average millionaires starting at around age 59 and contributing 17.6% of their income. Despite market fluctuations, many maintained their investment strategies, contributing to their financial success.

Source: YAHOO

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