This is the age when most people become millionaires

The typical “401(k) millionaire” reaches the milestone after age 50, according to a Fidelity Investments report cited by the New York Times. In fact, a Fidelity Investments report cited by the New York Times found that the typical “401(k) millionaire” was an American with a six-figure income — $287,700 for women and $354,600 for men.…