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1-in-15 Americans Will Become Millionaires— This is How to Make Sure You Are One of Them
Most millionaires would not be recognized by name. You likely would not know if you saw one out in public.
In fact, there are 22.7 Million millionaires in the United States. That is about 1 in every 15 people.
While it is not easy to reach a $1,000,000 net worth, it can be helpful to realize the sheer abundance of people living anonymous lives as millionaires.
Some of the common ways people become millionaires are:
- Building equity through real estate.
- Consistently investing in the stock market — often through a 401(k) plan.
- Working a lucrative job in careers such as engineering, technology, sales, finance, or medicine.
The rarest kind of millionaire is the one who is celebrity. For every millionaire on TV, there are countless who shop next to you in the supermarket, send their kids to the same school as you, and even live on the same block as you.
The easiest way to become a millionaire is usually the mundane way.
This is why you almost certainly know anonymous millionaires. Many won’t even tell you they are millionaires lest it become a point of divisiveness.
