6 Secrets of IRA Millionaires
A record number of people have become millionaires by contributing to an IRA. Here's how.
Overview
As much fun as it would be to say that individual retirement account (IRA) millionaires have stumbled across little-known wealth-building secrets, the reality is much less dramatic. Across the board, IRA millionaires have followed a well-tested, well-trodden path to wealth. Best of all, it's a path you can follow.
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Once they've opened an IRA, those who've built wealth have faithfully made contributions to their account year in and year out, regardless of what's going on with the market. When the market is volatile and others panic-sell, these millionaires stick around and keep contributing. Not only can they scoop up high-quality assets that more fearful investors are selling, but their accounts are also first in line as the market recovers.
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Originally published at www.fool.com.