Parents want to retire in 15 years

Parents want to retire in 15 years My parents want to retire in 15 years (50 & 49) but they only have about $50k combined in their investments from their 401Ks. I suggested them to start a Roth IRA. Would it be too late for them to start a Roth IRA to take advantage of the tax-free benefits? If so, is the typical S&P 500 a good investment for the next 15 years? Edit: together t...

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