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4 Secrets of Millionaire Retirees


One million dollars might not be the magic retirement number anymore, but it's still a significant milestone to strive for. Recent data shows that many people are still far off from this goal, with the median retirement savings hovering at $87,000 for American households.

On the other hand, Fidelity points out that more people are crossing the million-dollar mark, with 391,562 IRA (individual retirement account) and 422,000 401(k) accounts holding $1 million or more. The moves you consistently make will play a major role in determining which side of the fence you'll land on.

If you're looking to join the seven-figure retiree club, we've highlighted a few millionaire traits that stand out.

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Source Fool.com


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