Is the S&P 500 All You Need to Retire a Millionaire?
For some people, hitting the $1 million mark may seem like a stretch, but it's much more attainable than you may believe. In many cases, all it takes is one simple, often-overlooked investment: The S&P 500 (SNPINDEX: ^GSPC).
The S&P 500 is an index that tracks 500 of the largest public U.S. companies by market cap, making it the benchmark for the U.S. stock market. When people refer to the stock market's performance broadly, they're often referring to the S&P 500.
History has shown that the S&P 500 can be your one-way ticket to millionaire land with enough time on your side.
Source Fool.com
