3 Secrets of 401(k) Millionaires
Saving $1 million in your 401(k) is no easy accomplishment. Most people never make it to that milestone.
Only the top 3.3% of retirement savers had accumulated over $1 million across their accounts as of the end of the last decade, according to estimates from the Employee Benefit Research Institute, based on the latest Federal Reserve Survey of Consumer Finances. But if you know what those 401(k) millionaires know, you could join this elite group.
They don't have any insider information. And most didn't get lucky by vesting company stock in their 401(k) before the price went parabolic. They just understand how to make the most of their 401(k) plan.
Source Fool.com
