2 Magnificent Index Funds That Could Make You a Stock Market Millionaire
Most experts say individuals in the workforce should save 15% of their annual income for retirement. For context, the median full-time worker in the United States earned $56,287 in 2020, according to the Census Bureau. That means the median worker should be saving about $8,445 each year, or $162 each week if they have any chance of becoming a stock market millionaire.
Of course, half of the population makes less money than the median worker. Fortunately, it is still possible to become a stock market millionaire with less than $162 per week. The only prerequisite is a long-term mindset.
Here are two index funds that could help you build a $1 million portfolio.
Source Fool.com
