Is the S&P 500 All You Need to Retire a Millionaire?
Many people dream of retiring with millions of dollars to their names. And with the right strategy, that's certainly possible.
If you're serious about retiring with a lot of wealth, your best bet is to start investing from a young age. That will give your money more time to grow.
But how should you invest your money? If you're not particularly well-versed in picking stocks, you may decide to fall back on the broad market, instead. In fact, you can actually grow a large amount of wealth by investing in the S&P 500 index alone. But whether that's the right choice will depend on your ultimate goal.
Source Fool.com
