Therefore, yes, buying the Vanguard S&P 500 ETF can make you a millionaire if you take a disciplined approach to investing ...

However, there's one type of investment that's safe, requires very little effort, and could help you retire a millionaire: the S&P 500 ETF. Image source: Getty Images. What is an S&P 500 ETF?

Using the Vanguard S&P 500 ETF to become a millionaire, though, requires that you do two things. One is to start early, as the compounding effect confers its huge benefit only after some time has ...

Table and calculation by author. As you can see, it's very possible to amass $1 million with S&P 500 index funds alone. The key, however, is to invest consistently and give yourself enough time to ...

Can You Really Become a Millionaire With an S&P 500 ETF? Katie Brockman, The Motley Fool . Sat, Feb 8, 2025, 9:00 AM 5 min read. ... This type of investment tracks the S&P 500 index ...

As you can see from the chart, investing $5,000 annually in the S&P 500 would make you a millionaire in a little over 30 years, assuming average 10.25% annual returns.

How S&P 500 index funds can make you a millionaire with $300 a month. Maurie Backman. ... S&P 500 index funds, for example, seek to mimic the performance of the S&P 500 itself.

To be a millionaire today, you would have needed a $350,000 investment in the S&P 500 in 2012. That's even after the huge drop over the first half of this year.