Read more: How to stay on point with target-date funds Q: Is it realistic that more people can be 401(k) millionaires? Color of Money question of the week If you’re a 401(k) or TSP millionaire, what advice would you give to people who want to join your club? Q: What do you say to people who scoff at the idea that anybody can become a 401(k) millionaire? TSP millionaires are a small group relative to the 5.2 million participants, but more people are joining their ranks. Q: What’s the secret to becoming a 401(k) millionaire?
Seated in the cubicle next to you at work could be a 401(k) millionaire. If you’re employed by the federal government, one of your co-workers could be a Thrift Savings Plan millionaire.
It’s not likely these millionaires will boast about their elite financial status. They typically keep their...
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