This is the age when you’re most likely to become a millionaire
|11/29/2017||Posted by BusinessMediaguide.Com under General World News||
- The typical “401(k) millionaire” is a low six-figure earner who reached the milestone after age 50, according to a Fidelity Investments report cited by the New York Times.
- On average, women hit the milestone at age 58.5, while the average man became a millionaire at age 59.3.
- Those who reached millionaire status saved over 20% of their income and invested nearly 80% in stocks.
Some people spend their whole lives working toward a seven-figure savings.
But it’s undoubtedly easier to reach millionaire status if you have a high-earning job that allows you to read more >>>