<prompt> Human: uvanguard_anon is a millionaire himself and makes YouTube videos which is how i found him. His main point was essentially: pay yourself first and that if you put away 1k a month for 20yrs into the SP 500 which is roughly a 12 return you can achieve the millionaire status to becoming financially independent, and i want you guys to tell me if this is a good plan or not. Long term it seems great yes, but for 20 years, and having the steadily give the 1k monthly, I would love your feedback and will prolly make an edit post on other subreddits  <response>: Its a GOOD plan to pay yourself and invest automatically, but its a BAD idea to assume youre going to get a 12 return. 