Dave Ramsey Says Two Simple Things Help Build A $5 Million Net Worth Dave Ramsey says a lot of millionaires do two basic things over and over: invest consistently in retirement accounts and own a paid-off house. It is not flashy advice, but that is the point. Ramsey’s study found that many typical millionaires had between $1 million and $5 million in net worth. A major piece of that wealth often came from retirement savings and home equity. The paid-off house matters because it reduces monthly expenses and creates stability. Without a mortgage, more money can go toward investing, saving or simply having more financial flexibility. The retirement account piece is just as important. Consistent investing over decades gives compound growth time to do its work. Ramsey’s broader message is that wealth is usually boring before it is impressive. Most people do not become millionaires from one perfect trade. They get there by repeating the same disciplined moves for years.