4 Secrets of 401(k) Millionaires
All of the people in this select group likely made a point of doing the very same things.
Overview
Although they're relatively rare -- retirement plan administrator Fidelity says they only make up about 2% of its account holders -- a handful of people have amassed a million-dollar nest egg entirely within their 401(k).
How is anyone capable of reaching this seemingly out-of-reach number, given this investment vehicle's inherent limitations (like contribution caps and limited investment choices)? Almost all of them certainly did four things, none of which are complicated, but all of which can be challenging.
Image source: Getty Images.
Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.