A consistent monthly investment of $219 in an ETF, assuming a conservative 7% annual return, is projected to grow to approximately $1.2 million over 50 years.
"History shows it should grow anywhere between 8 to 10% per year. But let's be conservative and assume a 7% yearly return on average. Over 50 years, that $219 a month investment would grow to about $1.2 million."