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401k Millionaires: Real Wealth or Risky Illusion? | Morning Check-In
In a dramatic turn, nearly 500,000 Americans hit millionaire status in their 401(k)s during Q2 2024, but this wealth surge is precariously tied to the performance of the "Magnificent Seven" tech giants. The dazzling rise in retirement accounts could quickly unravel if these market titans stumble, exposing the fragility behind the millionaire mirage.
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