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Want $1 Million in Retirement? 3 Simple Index Funds to Buy and Hold for Decades.


Published on 2024-12-16 06:41:07 - MSN
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  • Do you want to have a million dollars by retirement? Most of us probably think that would be great -- though some think a million dollars won't be enough. That's very possibly true, especially if you're still young.

The article from MSN Money discusses strategies for building a $1 million retirement fund through investing in simple index funds. It highlights three specific Vanguard index funds recommended for long-term investment due to their low costs and broad market exposure. These include the Vanguard S&P 500 ETF (VOO), which tracks the S&P 500 and offers exposure to large-cap U.S. equities; the Vanguard Total Stock Market ETF (VTI), providing a comprehensive investment across the entire U.S. stock market; and the Vanguard Total International Stock ETF (VXUS), which gives investors access to international markets, thereby diversifying beyond U.S. borders. The article emphasizes the benefits of these funds such as low expense ratios, diversification, and the historical performance of the stock market, suggesting that by investing consistently over decades, one could potentially amass significant wealth for retirement. It also touches on the importance of starting early, the power of compound interest, and maintaining a long-term investment perspective despite market fluctuations.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/want-1-million-in-retirement-3-simple-index-funds-to-buy-and-hold-for-decades/ar-AA1vWDdw ]