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What's the number one way Americans are becoming millionaires?
general :: 2025-03-17 :: source - yahoo finance
By Sarah C. Brady
Despite challenging economic conditions, the U.S. keeps producing more millionaires. The total number of U.S.-based millionaires more than doubled from 2020 to 2023, reaching nearly 22 million individuals.
How have so many people reached this major financial milestone? It wasn't through get-rich-quick trends like going all in on crypto or launching an app. Most people are achieving the American dream by prioritizing their retirement savings.
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