Make full use of any tax-sheltered accounts that are available to you, such as a 401(k) or IRA. You may get tax breaks on contributions you make and assets in these accounts grow without the drag of taxes each year on capital gains, dividends and other distributions. That gives you a big leg up when trying to grow your nest egg.
Key millionaire stat: 46% of millionaire households own investment real estate.
2. Take advantage of Uncle Sam
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