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A $5,000 initial investment spread across three exchange-traded funds, supplemented by $100 each month and a 13% average annual return, could reach roughly $568,000 after 30 years, according to a Motley Fool analysis.
The three funds named are the Vanguard Information Technology ETF (VGT), the Schwab U.S. Dividend Equity ETF (SCHD), and the Vanguard S&P 500 ETF (VOO).
At 10% annual returns, the same starting capital and monthly contributions would produce roughly $33,000 after 10 years, $105,000 after 20, and $230,000 after 30, the analysis shows.
At 13%, those figures rise to roughly $40,000, $160,000, and $568,000. Growth allocation The analysis selects VGT as the growth position. The fund posted a 20-year average annualized return of 17.4% as of Aug.
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