Investing $500 Monthly Into This Vanguard ETF Can Set You Up for a Million-Dollar Retirement

No financial goal fits everyone perfectly. Everyone's personal financial goals should reflect their unique circumstances and aspirations. That said, the million-dollar mark has long been recognized as a financial mark of "success," especially regarding retirement savings.Well, what if I told you a million-dollar retirement could be achievable by investing less than most modern monthly car payments in the U.S.? Good news: You're in luck, because it can.The Vanguard S&P 500 ETF (NYSEMKT: VOO) -- and the S&P 500 (SNPINDEX: ^GSPC) as a whole -- have shown that they have the ability to turn $500 monthly investments into a million-dollar portfolio. All you need is time and consistency.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool