There are 5.3 million millionaires living in the United States alone. Do you want to join their ranks?<\/p>\n\n\n\n
While there are no guarantees, with the right plan and execution, becoming a millionaire is potentially within the average person’s reach. <\/p>\n\n\n\n
Want to know how? I\u2019ve taken the time to study and break down what millionaires have done to reach this prestigious milestone. I put my findings into a comprehensive guide to help you work toward your financial goals.<\/p>\n\n\n\n
Let\u2019s peek at what the millionaires do…<\/p>\n\n\n\n
Platform<\/div><\/th> How to Use It<\/div><\/th><\/tr><\/thead> Acorns<\/a>\u00a0<\/div><\/td> Put finances on autopilot + invest spare change you won\u2019t even miss <\/div><\/td><\/tr> CIT Bank<\/a><\/div><\/td> High-yield savings account (Up to 4.7% APY)<\/div><\/td><\/tr> Empower<\/a><\/div><\/td> Investment management + FREE investment calculators + tools <\/div><\/td><\/tr> Arrived Homes<\/a><\/div><\/td> Invest in fractional shares of residential rental properties<\/div><\/td><\/tr> Seeking Alpha<\/a><\/div><\/td> Find high-conviction stock picks and make more informed investing decisions <\/div><\/td><\/tr> Masterworks<\/a><\/div><\/td> Invest in high-end art and diversify your portfolio<\/div><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n How to Make a Million Dollars: the Bottom Line<\/strong><\/h2>\n\n\n\nLet me explain. <\/p>\n\n\n\n 1. Invest Early <\/strong><\/h2>\n\n\n\nPerson A is 23 years old. <\/em><\/p>\n\n\n\n Person B is 33 years old.<\/em><\/p>\n\n\n\n They both invest $200 a month into the same type of portfolio with 7.3% yields. <\/em><\/p>\n\n\n\n At age 65, Person A would have $601,104.96 to retire on, whereas Person B would only have $280,509.21.<\/em><\/p>\n\n\n\n The point of this example was not to shame you if you haven’t started investing, it’s to spur you into action TODAY. Putting this off could cost you big.<\/p>\n\n\n |
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