For most of us, just getting by these days is tough enough, having to pay off a mortgage, cars, kids’ educations, and everything else while trying to stay employed during the worst pandemic in 100 years. The thought of being a millionaire is the furthest thing from many of our minds. But with smart, disciplined investing, that type of financial security could be achieved in retirement.
You don’t necessarily need a huge portfolio or a broker to advise you. You can achieve the type of diversification and return you need in a single investment — an exchange-traded fund (ETF), the Vanguard Extended Market Index ETF (NYSEMKT: VXF), in particular. Investing now in this all-cap fund, combined with your 401(k) and Social Security, could make you a millionaire in retirement.