What else can I do to improve retirement planning considering my employeer doesn't offer anything helpful? They offer profitsharing but if you leave prior to seven years you get nothing. I do plan on leaving within the seven years, already in my second year.
Other Facts:
- No longer contributing to 401k, but contributing the max Roth IRA limit every year, invested in individual stocks returning 10-18%. Maxing Roth for last six years.
- Saving 30% every pay period w/direct dep. to online savings acct to build up liquid emergency funds & siphoning excess to Brokerage acct for investing.
- Contributing approx. 6K/year to Brokerage account invested in no -load index funds returning 8 - 15%. Aggressive growth portfolio.
- Purchased insurance policy to build up cash value and create something for beneficiaries
- Age: 32, good health/non-smoker, renter (housing in area runs over 800k), no dependants, no liabilities
What do you advise in my situation? Thank you for your help.
2007-01-19
07:27:09
·
8 answers
·
asked by
momo
3
in
Personal Finance