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Is the S&P 500 All You Need to Retire a Millionaire?


Index funds aren't too exciting, but they deliver reliable long-term results. Not everyone will reach millionaire status with the S&P 500, but the index still offers a pathway to a seven-figure nest egg. Keep the following in mind as you plan the investment strategy for your 401(k), IRA, or other retirement account.

This chart should look familiar for most investors: It's the S&P 500's performance over the past 30 years.

^SPX Chart

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Source Fool.com


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