Investing $300 per Month in Vanguard S&P 500 ETF for a Million-Dollar Retirement

Retire a Millionaire with $300 Monthly Investment

It's simpler than you might think to retire a millionaire. As costs continue to rise and retirement becomes more expensive, it's more likely you'll need at least $1 million to cover all of your expenses later in life. In fact, the average worker expects to need around $1.8 million to retire comfortably, according to a 2023 survey from Charles Schwab.

Investing in Vanguard S&P 500 ETF

Investing in exchange-traded funds (ETFs) can be a smart way to build long-term wealth with minimal effort. Each ETF contains dozens or hundreds of stocks, making it easier to create a well-diversified portfolio with a single investment. With just $300 per month, you could potentially build a portfolio worth at least $1 million. Here's exactly how to get there.

• A safer and stronger investment: An S&P 500 ETF can protect your savings and offer substantial diversification. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a solid choice that tracks the S&P 500 Index and includes stocks from 500 of the largest U.S. companies.
• Building a $1 million portfolio: With historical returns and consistent investing, you can reach your financial goals securely. The Vanguard S&P 500 ETF offers long-term growth potential and a low expense ratio for significant savings over time.