Want a Million-Dollar Retirement Fund? Investing $300 per Month in This Magnificent ETF Could Get You There
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.
While that can feel like an insurmountable goal, it's simpler than you might think to reach $1 million or more -- even if you're not an experienced investor.
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.
Source Fool.com
