Read More: Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going

Magic step to get into the upper class

Saving and investing diligently for years is the key to financial success.

And services like Acorns can make that significantly easier. The platform lets you automatically invest spare change from your everyday purchases into a diversified portfolio of ETFs managed by experts at leading investment firms like Vanguard and BlackRock.

For instance, if you buy a donut for $3.25, Acorns will round up the purchase to $4 and invest the difference — your spare change — in a smart investment portfolio. So a $3.25 purchase automatically becomes a 75-cent investment in your future. Sign up today and get a $20 bonus investment.

If you're a boomer who hasn't yet benefited from the financial boost real estate investing can bring, it isn't too late.

Mogul is a real estate investment option that offers fractional ownership in blue-chip rental properties, which gives investors monthly rental income, real-time appreciation and tax benefits — without the need for a hefty down payment or 3 a.m. tenant calls.

Founded by former Goldman Sachs real estate investors, the team handpicks the top 1% of single-family rental homes nationwide for you. Simply put, you can invest in institutional-quality offerings for a fraction of the usual cost.

Each property undergoes a vetting process that requires a minimum 12% return, even in downside scenarios. Across the board, the platform features an average annual IRR of 18.8%. Their cash-on-cash yields, meanwhile, average between 10% to 12% annually. Offerings often sell out in under three hours, with investments typically ranging between $15,000 and $40,000 per property.

These financial tools can help you get closer to the seven-figure club. But the ultimate magic move is hiring an expert to help you use these tools efficiently.

An experienced financial advisor is like an indispensable co-pilot who can help alert you to any economic policy changes that impact your plans, find tax strategies that reduce costs and make long-term investment decisions with added confidence.

However, finding a good, reliable advisor isn't always easy. This is where Advisor.com comes in. The platform connects you with an expert near you for free.

Advisor.com does the heavy lifting for you, vetting advisors based on track record, client ratios and regulatory background. Plus, their network comprises fiduciaries, who are legally required to act in your best interests.

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Just enter a few details about your finances and goals and Advisor.com's AI-powered matching tool will connect you with a qualified expert best suited for your needs based on your unique financial goals and preferences.

Finding the right advisor isn't always easy — there's no one-size-fits-all solution. That's why Advisor.com lets you set up a free initial consultation, with no obligation to hire, to see if they're the right fit for you.

Once you've got the right financial advisor in your corner, you can start drafting a practical plan for any long-term financial goal. And if becoming a multimillionaire, upper-class retiree is your goal, professional advice could be absolutely necessary.

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Article Sources

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The Washington Post (1); CBS News (2); DQYDJ (3)

This article provides information only and should not be construed as advice. It is provided without warranty of any kind.