Becoming A Millionaire In 25 Years
The goal is to reach $1,000,000 over a 25 year time frame. Investing in the stock market can build wealth for anyone over time. This just requires consistently investing in the right risk assets over a fixed period of time. The whiteboard video above will demonstrate exactly how much money you need to invest in a basic index fund to hit the $1,000,000 level in 25 years.
- Starting investment amount: $1000
- Investment vehicle: S&P500 exchange traded fund
- Average annual return: 9 percent (*excluding taxes)
- Time: 25 years
