Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a $1 million index fund could provide $100,000 annually. However, there are more conservative approaches that could benefit your financial goals for the long term, and we discuss some of the best in this article. If you’re not sure what investments are best for you, consider speaking with a financial advisor to build out a long-term financial plan.