This Simple 401(k) Strategy Can Help You Become a Millionaire Before You Retire | Smart Switch: Personal Finance

(Charlene Rhinehart, CPA)

Fidelity’s report on 401(k) millionaires shows that building a seven-figure retirement portfolio isn’t out of reach. The number of 401(k) millionaires grew to 412,000 in the second quarter of 2021. With increased contribution limits and access to investor-friendly information, breaking the million-dollar mark is more feasible than ever.

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