Which of the following was NOT an attribute of individuals who saved over $1 million in their 401-K?

Individuals who successfully saved over $1 million in their 401(k) accounts often exhibit behaviors and strategies that align with sound financial planning. One key attribute is the early commencement of their savings. Starting early allows for the compounding of interest, giving investments more time to grow, which significantly enhances the eventual savings amount. Another crucial habit of these savers is their willingness to contribute a substantial portion of their salary—typically between 10-15%—to their retirement accounts. This disciplined approach to saving ensures that they are consistently building a robust nest egg over time.

The consideration of mutual funds that primarily invest in bonds isn't generally associated with the strategies of high-earning savers in 401(k) accounts. While bonds can be a part of a balanced investment portfolio, they are typically less growth-oriented compared to stock investments, which are more favored by those aiming to accumulate significant wealth. Stocks have historically offered higher returns over the long term, making them a more attractive choice for those focusing on aggressive retirement saving strategies. Thus, the attribute related to the consideration of primarily bond-focused mutual funds does not resonate with the documented habits of high savers in their 401(k) plans.