Investing in an ETF like Vanguard S&P 500 can help reach $1 million retirement goal.

From Nasdaq: 2025-03-16 08:37:00

Investing for retirement with $1 million or more is a smart goal. You can use an ETF to generate dividends and maintain your capital. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is a top choice with a low expense ratio of 0.03%. To reach $1 million, you may need to invest between $48,986 and $422,411, depending on the years until retirement. Even starting late can help you grow your portfolio balance for retirement. Consider investing in an ETF that tracks the S&P 500 for a better financial future.

If you have $1,000 to invest, consider the 10 best stocks recommended by Stock Advisor. Their total average return is 830%, outperforming the S&P 500. David Jagielski has no position in the mentioned stocks. The Motley Fool has positions in and recommends Vanguard S&P 500 ETF.



Read more at Nasdaq: Want to Get Your Portfolio to At Least $1 Million by Retirement? Here’s How Much You Should Invest Today.