No time to research retirement investments? Do this instead. | Personal finance
Now, let’s say you are able to raise $ 500 per month for retirement over a 30-year period, and you invest your savings in S&P 500 index funds. At the end of this window, you retire with approximately $ 680,000.
Of course, that assumes you only have 30 years left until retirement. If you’re looking at a 40-year savings window, you could crank up your investments to a pretty impressive $ 1.55 million, assuming the same monthly contribution and return.
Finding stocks doesn’t have to be complicated, but it can be time consuming – a process you might not have the stomach for. If so, you can still effectively invest your long-term savings and generate a lot of wealth in your retirement plan by loading S&P 500 index funds. Not only can these funds deliver solid returns over time, but they’re also the type of investment that could help you sleep better at night. And there is certainly a lot of value in that.
10 stocks we like better than Walmart
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David and Tom have just revealed what they believe to be the ten best stocks for investors to buy now … and Walmart was not one of them! That’s right – they think these 10 stocks are even better buys.