5 Best Vanguard Funds to Buy for Retirees

2. Vanguard Russell 1000 Growth Index Fund (MUTF:VRGWX)

5-Year Performance as of September 14: 80.07%

Maintaining a long-term investment in growth stocks typically yields robust returns. The Vanguard Russell 1000 Growth Index Fund (MUTF:VRGWX), for instance, seeks to channel its investments into the Russell 1000 Growth Index. This strategy, which provides access to leading US growth stocks, is among the effective methods for achieving sustained gains over time, making it perfect for investors looking towards retirement. By investing in this fund, you gain exposure to prominent companies like Apple Inc. (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN), NVIDIA Corporation (NASDAQ:NVDA), and Alphabet Inc. (NASDAQ:GOOG).