What's the best way to save for retirement ? - GoFuckYourself.com

Slick · 09-26-2003, 09:50 PM

Hey people, I'm just checking to see what you all think is the best way to plan for retirement. I recently got a "Roth IRA" going with Edward Jones. I also have a savings account that I'm trying to save some money in on the side.

I'm 29 and have just started to get this stuff planned out now, so I'm dumb in this category, ha ha ha. What are the rest of you doing to prepare ? Are there any better places to put some money ? I was thinking about getting some stocks going in some stable companies like Wal-Mart, but I'll have to research that a little more.

Spunky · 09-26-2003, 09:51 PM

Real Estate.

Slick · 09-27-2003, 10:24 AM

Quote:

Originally posted by spunky1
Real Estate.

Hmmm... I also heard that option thrown around also, but don't know how the best way to go about it, like what to buy. I guess that I'll dig into that, thanks

TheSaint · 09-27-2003, 10:37 AM

It is good to come to GFY for financial advice, surely better than your local accountant or financial planner.

But the correct answer is diversify. Stocks are always a big part of any financial plan, and over a 40 year period have always yielded nice rewards.

For many moderate income people a home ends up being a nice nest egg.

I've been saving the maximum in a 401K for around 13 years or so and that mother fucker is huge now, its a nice feeling.

09-26-2003, 09:50 PM	#1
Slick Confirmed User Industry Role: Join Date: Feb 2001 Location: Houghton, MI Posts: 7,338	What's the best way to save for retirement ? Hey people, I'm just checking to see what you all think is the best way to plan for retirement. I recently got a "Roth IRA" going with Edward Jones. I also have a savings account that I'm trying to save some money in on the side. I'm 29 and have just started to get this stuff planned out now, so I'm dumb in this category, ha ha ha. What are the rest of you doing to prepare ? Are there any better places to put some money ? I was thinking about getting some stocks going in some stable companies like Wal-Mart, but I'll have to research that a little more.

09-26-2003, 09:51 PM	#2
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,947	Real Estate. __________________ *YOUR INFORMATION HERE*

09-27-2003, 10:37 AM	#4
TheSaint Confirmed User Join Date: Jun 2003 Location: Everywhere at once Posts: 991	It is good to come to GFY for financial advice, surely better than your local accountant or financial planner. But the correct answer is diversify. Stocks are always a big part of any financial plan, and over a 40 year period have always yielded nice rewards. For many moderate income people a home ends up being a nice nest egg. I've been saving the maximum in a 401K for around 13 years or so and that mother fucker is huge now, its a nice feeling.