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High-net-worth individuals have over half their wealth in IRAs and 401(k)s

The majority of U.S. adults (74%) don’t think they’ll ever become a high-net-worth individual themselves, defined as having at least $1 million in investable, or liquid, assets, but retirement investing — something we all have access to — actually plays a major role in many high net worth individuals' portfolios.

“The strategies needed to get rich are different from the ones required to stay rich and eventually earn on your money.”

Tags

retirement, 401k, ira