Define “rich”
"I regret to inform you that accumulating wealth through index funds won't make one rich. Many believe that investing $100 monthly will turn them into millionaires by 65.
Define “rich”
"I regret to inform you that accumulating wealth through index funds won't make one rich. Many believe that investing $100 monthly will turn them into millionaires by 65.
In reality, amassing $1 million over 40 years is likely only enough for something like a Toyota Camry at best."