According to a recent Bloomberg article, 42% of financial professionals think ETFs are the most appropriate way for a mid-career individual to invest for retirement.
This is consistent with the fact that the ETF market recently reached $3trn AUM globally according to ETFGI.
Choosing ETFs over other investments is an important step. But there is more to achieving long term-performance.
Adequate asset selection, rigorous allocation and the thoughtful management of unwanted risks are also critical.