Want $1 Million in Retirement? Start With This Index Fund.
Written by David Dierking for The Motley Fool -> For many, building a $1 million retirement portfolio can seem like an impossible task. In reality, it just takes some planning, time, patience, and discipline to get there. The Vanguard Total Stock Market ETF (VTI) isn't necessa
For many, building a $1 million retirement portfolio can seem like an impossible task.
In reality, it just takes some planning, time, patience, and discipline to get there.
The Vanguard Total Stock Market ETF (VTI) isn't necessarily exciting, but it's one of the best options for helping you hit your retirement goals.
Amassing a $1 million retirement fund can sound like a daunting task. In reality, it's very achievable. It just takes some proper planning and the time and patience to let your investment nest egg grow for years.
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This is where some people can go wrong. They think that in order to get to $1 million, they need to take home run swings and get a few of them right. When it comes to investing, though, singles and doubles can also produce a lot of runs.
Just owning the entire U.S. stock market isn't as exciting as trying to find the next big artificial intelligence (AI) stock. But it's ultimately the best path to long-term wealth creation .
If you want to start down or continue the path toward a $1 million retirement account, the Vanguard Total Stock Market ETF (NYSEMKT: VTI) is the fund to own.
