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Investing $500 Monthly Into This Vanguard ETF Can Set You Up for a Million-Dollar Retirement
No financial goal fits everyone perfectly. Everyone's personal financial goals should reflect their unique circumstances and aspirations. That said, the million-dollar mark has long been recognized as a financial mark of "success," especially regarding retirement savings.Well, what if I told you a million-dollar retirement could be achievable by investing less than most modern monthly car payments in the U.S.? Good news: You're in luck, because it can.The Vanguard S&P 500 ETF (NYSEMKT: VOO) -- and the S&P 500 (SNPINDEX: ^GSPC) as a whole -- have shown that they have the ability to turn $500 monthly investments into a million-dollar portfolio. All you need is time and consistency.Continue reading
No financial goal fits everyone perfectly. Everyone's personal financial goals should reflect their unique circumstances and aspirations. That said, the million-dollar mark has long been recognized as a financial mark of "success," especially regarding retirement savings.
Well, what if I told you a million-dollar retirement could be achievable by investing less than most modern monthly car payments in the U.S.? Good news: You're in luck, because it can.
The Vanguard S&P 500 ETF (NYSEMKT: VOO) -- and the S&P 500 (SNPINDEX: ^GSPC) as a whole -- have shown that they have the ability to turn $500 monthly investments into a million-dollar portfolio. All you need is time and consistency.
