8 Secrets of IRA Millionaires
Just about all of us need to be saving and investing for retirement, and tax-advantaged retirement accounts such as IRAs can be a big help. It may be hard to believe, but some people have amassed many, many millions in IRAs. For example, one of Warren Buffett's investing lieutenants, Ted Weschler, managed to grow his IRA from a value of $70,000 to $264 million!
Even if you end up falling far short of $264 million in your IRA, you may still be able to become an IRA millionaire. If you're skeptical of that, know that Fidelity Investments, which administers retirement accounts for millions of Americans, recently reported close to 500,000 IRA millionaires among them.
Image source: Getty Images.
Source Fool.com
