Next Millionaire Next Door Review: Wealth Habits

Fallaw's research highlights that today's millionaires are more likely to invest strategically and manage their portfolios actively compared to previous generations.

The millionaire profile has evolved, showing more diversity in age, gender, and ethnicity, with a larger number of entrepreneurs achieving wealth.

Intentional spending and contributions to tax-advantaged accounts like ISAs and SIPPs are important for long-term wealth accumulation.

Today's millionaires are more likely to engage in active portfolio management and diversify their investments across different asset classes.