Is $50,000 a lot of money?

For many people, $50,000 in cash is a significant amount of money. It’s often celebrated as a milestone on the path to financial freedom. However, while $50,000 is a lot of money, it’s likely not enough to live on for a long time. You might need to look for ways to put that money to work with long-term investing.

How do I invest $50,000?

When it comes to investing $50,000, first you'll want to determine your financial needs and goals. Then decide where to put this money and which investment app to use. Depending on your situation, here are our picks for the best ways to invest $50,000. 1. Invest with a robo-advisor One of the easiest ways to start investing is with a robo-advisor.

How much money can you make with a $50,000 savings account?

For example, a high-yield savings account that pays 4.25% annual percentage yield (APY) would result in about $2,125 in a single year. If you were invested in an S&P 500 index fund in 2023, and earned the 24% in line with S&P gains, you’d have earned $12,000 on that $50,000 investment. Is $50,000 in Cash a Lot of Money?