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Want $10 Million in Retirement? 1 Easy ETF to Buy and Hold for Decades.


Published on 2025-01-06 11:01:09 - MSN
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  • Vanguard Funds is one of the largest mutual fund and ETF financial firms in the world. Vanguard was founded by Jack Bogle, who is considered "the father of index investing". Bogle has been a longtime proponent of low-cost,

The article from MSN Money discusses the strategy of investing in ETFs (Exchange Traded Funds) for long-term retirement savings, specifically aiming to accumulate $10 million. It highlights the Vanguard S&P 500 ETF (VOO) as a prime choice for investors looking for simplicity and effectiveness in their investment approach. The VOO tracks the S&P 500, which includes 500 of the largest U.S. companies, offering diversification across various sectors. The piece explains that historically, the S&P 500 has provided an average annual return of about 10% before inflation, suggesting that with regular investments and the power of compound interest, reaching a $10 million retirement fund is feasible over several decades. The article emphasizes the benefits of low costs, diversification, and the historical performance of the S&P 500, making VOO an attractive option for those who prefer a "set it and forget it" investment strategy.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/want-10-million-in-retirement-1-easy-etf-to-buy-and-hold-for-decades/ar-AA1x37ny ]