Achieving the $1 million mark is a lifelong goal for many people, and honestly, as time goes by, it's becoming more of a necessity for many people to have at least that much saved up for retirement . Luckily, achieving $1 million is a bit easier than some may imagine; all it takes is consistency, time, and one index fund.
The S&P 500 is an index that tracks the 500 largest publicly traded U.S. companies. While the S&P 500 is an index, different financial companies put together their own S&P 500 funds that buy the stocks in the index. One S&P 500 index fund that can lead you to millionaire land is the iShares Core S&P 500 ETF (NYSEMKT: IVV) . It's one of the lower-cost index funds, and based on historical returns, it can do a lot of the heavy lifting for you.
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For further details see:
How 1 Index Fund Can Lead You to Millionaire Land