Kiplinger’s Personal Finance — September 2017

MONEY

YOUR ODDS OF BECOMING A MILLIONAIRE AREN’T WHAT

they used to be—they’re better. A record number of U.S.

households have reached that enviable goal: At the end

of 2016, 10.8 million households had a net worth of

$1 million or more, not including their primary residence,

reports the Spectrem Group. In fact, there were 1.6 million

more millionaires in the U.S. in 2016 than there were

in 2007, just before the stock market crash. What the

market took away, the current bull market has restored—

and then some. // But stocks aren’t solely responsible for

26 KIPLINGER’S PERSONAL FINANCE^ 09/2017

HOW TO MAKE A

MILLIO

A record number of people

have reached the seven-figure

milestone. Follow our five

strategies to join them.

BY SANDRA BLOCK

PHOTOGRAPH BY DAVID ARKY © 2017