Millionaire Wealth Creation Strategy

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average millionaire

Benzinga

•

Millionaire Dave Ramsey explains how to reach a net worth between $1 million and $5 million

Summary

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58% Informative

Financial expert Dave Ramsey shared some key insights from his 2024 study on how people achieve millionaire status.

Consistent investing in retirement accounts and owning a paid-for house are two most significant factors contributing to financial success.

The typical millionaire in his study had a net worth ranging from $1 million to $5 million , with about $500,000 to $600,000 tied up in a paid off house.

Supercharge Your Stock Market Game with the #1 "news & everything else" trading tool: Benzinga Pro - Click here to start Your 14-Day Trial Now ! Get the latest stock analysis from Benzinga ? This article Dave Ramsey Reveals The 2 Simple Things People Do That Get Them To A $5 Million Net Worth Can You Guess What They Are? originally appeared on Benzinga.com 2024 Benzinga.com . Benzinga does not provide investment advice. All rights reserved..

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful