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Reply to "Is anyone NOT a 401k millionaire?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]my daughter (no husband) has a million (without parental help.) she is 32.[/quote] She may have a million, but she doesn’t have a million in her 401k[/quote] Why not? I opened a Roth IRA in January and the stock I bought in it went from $50 to $500 in 2024. I don't know the rules for 401k and how easy or hard it is to buy and sell stocks, but definitely doable in other accounts. The stock is mstr and we are in bitcoin up cycle. Not difficult at all. I have owned several stocks that went did 10x in short time- Novavax, Zoom, Palantir, Tesla, Clsk, Mara, Riot, Sol just to name a few.[/quote]
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