4.6 • 2.8K Ratings
🗓️ 22 October 2025
⏱️ 66 minutes
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| 0:00.0 | $595,000 millionaires were admitted using this tactic, and you can do it too. |
| 0:14.5 | And Brian, I am so excited about this because we love being able to share stories of how people can reach financial independence. |
| 0:21.2 | And for a lot of people, the road to financial independence has to pass through the two |
| 0:26.5 | comma club. |
| 0:27.1 | They want to hit that millionaire status. |
| 0:30.0 | And we know right now that there are 595,000 people that have been able to do that one very |
| 0:36.9 | specific way. Yeah, I mean, this is one, |
| 0:39.2 | we kind of look quarterly that this data gets released and it's kind of fun to celebrate |
| 0:43.2 | because there was a 16% jump in the amount of millionaires. And should we share about? |
| 0:51.1 | Let's show it to them. It's from Fidelity. You know, Fidelity is one of the largest 401K providers in the United States. |
| 0:57.9 | And once you know it, that 595,000 individuals at the end of quarter two, out of their 24.6 million 401K participants, |
| 1:08.7 | that's about 2.4% for those that are really quick with their math. |
| 1:12.9 | That's amazing. |
| 1:14.0 | And this is not incredibly surprising to us, while it may be incredibly surprising to you, |
| 1:18.0 | because we know that from various studies, whether it be the millionaire next door or from |
| 1:23.0 | the Ramsey Solution study, or even from us doing our millionaire survey, we know that a lot of |
| 1:28.7 | millionaires out there use the 401k as one of the very main tools to building their wealth. |
| 1:35.2 | And for a lot of folks, it is the account that actually crosses in to that seven-figure status. |
| 1:41.3 | And it sounds like that number, just like we saw from Q1 to Q2, is growing and |
| 1:45.2 | growing and growing. Well, I mean, if you just, if your only information source is social media, |
| 1:50.0 | you might be like, well, why would you do a 401K? From everything I see, I should be doing |
| 1:54.6 | whole life insurance and, you know, crypto and all these other things, because 401K is according |
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