7 Secrets 401(k) Millionaires Can Teach You

In one year, the population of 401(k) millionaires has tripled, Fidelity says. Here are some key things you can learn from these newly minted rich folks.

1. They save for a long time

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Becoming a 401(k) millionaire takes time. Fidelity says internal analysis shows that most people who achieve 401(k) millionaire status take a tortoise-like 30 years to do so.

A get-rich-quick psychology is a surefire path to failure. So, be patient. Slow and steady will win the race.

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