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

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

//stocks-investing.news-articles.net/content/202 .. ment-1-easy-etf-to-buy-and-hold-for-decades.html

Published in Stocks and Investing on Monday, January 6th 2025 at 11:01 GMT by MSN

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source
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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 ]