Want $1 Million in Retirement? 2 ETFs to Buy Now and Hold for Decades
The $1 million mark has long been a milestone for financial success. It may not take you as far as it did decades ago, but it's still a significant achievement worth every celebration it receives. Thankfully, hitting the seven-figure number doesn't have to be a pipe dream; it can be done using only exchange-traded funds (ETFs).
ETFs allow you to invest in hundreds, and sometimes thousands, of companies with a single investment, greatly simplifying the investing process. For those aiming to hit the $1 million mark, the following two ETFs can help lead the way: The Vanguard S&P 500 ETF (NYSEMKT: VOO) and the Vanguard Growth ETF (NYSEMKT: VUG).
Both ETFs have histories of strong returns and growth prospects that can continue the momentum for decades to come.
Source Fool.com