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-   -   What's the best way to save for retirement ? (https://gfy.com/showthread.php?t=179993)

Slick 09-26-2003 09:50 PM

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.

Spunky 09-26-2003 09:51 PM

Real Estate. :glugglug

Slick 09-27-2003 10:24 AM

Quote:

Originally posted by spunky1
Real Estate. :glugglug
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. :1orglaugh

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.


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