1 Vanguard Index Fund Could Turn $450 Per Month Into a $976,700 Portfolio That Pays $17,500 in Annual Dividend Income

The median annual income for full-time workers aged 25 to 34 was about $59,200 as of June 2025. That would be about $45,000 after federal and state taxes even in the worst scenario. Financial advisors usually recommend saving 20% of after-tax income for retirement, which means $9,000 per year ($750 per month) for the median worker in that age group.However, even a percentage of that sum could grow into a sizable portfolio given sufficient time. History says $450 invested monthly in the Vanguard S&P 500 ETF (NYSEMKT: VOO) could grow into $976,700 over three decades, and that sum would then generate $17,500 in annual dividend income. Read on to learn more.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool