Retirement advice for someone with a good 30+ years left?
Howdy, I am just looking for advice. I am a fresh college graduate with a degree in accounting. I am married and we do plan on having kids. During the next two years I know I/we will be making a substantial income, because I will be getting paid for two jobs, and my wife for hers. Afterwards I will be making roughly 70,000 a year. I plan on sticking with that job untill i reach the retirement requirement for that job. 17 years (i have previously worked for them). I am just seeking some good advice to ensure I will be able to provide for my family as well as be able to retire young. I know about the stock market, bonds, etc. But what I dont know much about (other than for tax purposes) is IRA's, 401k's, as well as proper diversification. I don't want to risk a lot but I also want my money to be able to grow. It would be great if I could hear some ideas and maybe some good internet sites i can go to to help explain some of this too me. It would be much appreciated. Thanks
Asked By: Tim E - 4/4/2007
Best Answer - Chosen by Asker
Answered By: wabboc - 4/5/2007
Additional Answers (3)
IRAs and 401ks are just special accounts with the following features... More
Answered By: Dave W - 4/5/2007
Maintaining and growing capital sound like they are your key concerns, and staying diversified is important as well. You should be careful not to over-diversify though, because that can reduce your portfolio returns. If you look for help, places like economicinvest.com can be a great place for answers. They provide... More
Answered By: redfearn_jc - 4/5/2007
For more retirement information head over to http://www.retirement-life-today.com
Answered By: Tom T - 4/6/2007
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
(84) Real Jobs Paying $18-$96/Hour- Available Now. Apply Online!
Shop Online or Sign Up To Sell AVON & Earn Fast Cash Today!
$21/hr Start, Avg Pay $72K/yr No Experience Needed! Get Started.
Other Career Questions
Do most mechanical engineering jobs offer job security?
What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.
Best-Paying Work-from-Home Jobs
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
2013 Engineering Jobs Outlook
Engineers will find job opportunities in select disciplines in 2013, with candidates who are all-around, client-oriented businesspeople in demand.
Best-Paying Jobs by Major
What could you earn with a particular four-year degree? Find out by checking out this list of the top-paying jobs for 20 of the most common majors.
Eight High-Paying, Secure Jobs
Want to earn a good salary and enjoy a measure of job security as well? Check out these well-paying jobs on tap for fast growth in the coming years.