| Author |
Message
|
| aaronpk |
 Posted: Sun Mar 13, 2005 12:23 pm Post subject: |
 |
|
New Poster
|
I'm 26 years old and doing the following:
1. Investing 6% in my 401k (the max needed to get a company match)
2. Invest the max amount into a Roth IRA
Nothing to unusual there, I'm also going to have my house paid for by the time I retire. I'll probably work till age 65, instead of retiring early. But you never know...
I consider any SS money I would receive as just a bonus, and will not depend on it for retirement. I am strongly in favor of private accounts however.
Later in life, say 10 years from now, I think I will start investing investing in rental property. I'll start with either a single family home, or a duplex. |
|
| Back to top |
|
 |
| Zer92780 |
| Posted: Thu Jun 23, 2005 2:36 pm Post subject: Relying on company pension plan, on spouse to provide |
|
|
Investing Associate
|
| momm2four wrote: | | Fortunately, my DH's company has a great retirement plan. I let him take care of that. I guess that's a little blind of me. | What's the name of that company in Texas that lost lifelong pensions for its employees? You can help your spouse by being an active partner in diversified savings plans for your shared retirement years. Do not think it is pushy to take an interest in the welfare of yourself and your family. Be a helpful mate. The rewards are much more than financial. -Zer (who is just a late-bloomer looking back with regret) |
|
| Back to top |
|
|
| indojin2 |
| Posted: Tue Aug 02, 2005 10:11 am Post subject: my retirement plan |
|
|
New Poster
|
1) contribute max. amt allowable by my company. 15%
2) invest max. amount into a roth IRA each year.
any other strategies will be appreciated.  |
|
| Back to top |
|
|
| cwing |
| Posted: Tue Aug 02, 2005 4:46 pm Post subject: |
|
|
Associate
|
indojin2
3) Have an emergency fund in something like ING or emmigrant direct and try to have it come out of your check automatically so you dont forget..
4) Enjoy life..  And remember everyone's situation is different have any funds left over buy some blue chip stock for the long run!! and good luck[/quote] |
|
| Back to top |
|
|
|
|
stock market game on the web. At eInvesting you compete for monthly cash prizes while you interact, make virtual dollars, purchase items, and trade in the realistic stock market simulator. We make investing FUN!
