S&P 500 is an investment managed by Standard and Poor’s
The investment is in a group of companies.
If some of the companies do not do well, they are removed. Companies doing well replace the ones removed.
SPDR are like an S&P stock and are easy to purchase.
The rate of return is above 10%.
Here is a link to an investment calculator:
HTTPS://AMERICANFUNDSRETIREMENT.RETIRE.AMERICANFUNDS.COM/TOOLS/CALCULATORS/INVESTMENT-CALCULATOR.HTM
If $100 a month is invested for 50 years, about $60,000 is invested. The value of the SPDR purchased is approximately $1,471,241.67
A number of possibilities can be considered, $25 a month investment could be made in earlier years, and $150 investment in later years.
SPDR link:
HTTPS://WWW.INVESTOPEDIA.COM/ARTICLES/INVESTING/122215/SPY-SPDR-SP-500-TRUST-ETF.ASP
