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How can you be sure that you do have enough
money for retirement? Other then the normal
savings IRA's Cd's and 401k's

2006-07-19 09:50:04 · 4 answers · asked by Anonymous in Business & Finance Other - Business & Finance

4 answers

the only strategy for getting RICH before you retire is to be in business for yourself. I mean you can work a job and put money away every month in a aggressive retirement plan (that is subject to low gains or potential for loss, pick one or the other) and then when the time comes be comfortable and able to meet your needs. But if you want to have freedom and retire when you are ready not when you can you have to take control of your financial future and go into business for yourself.
Take a look at my blogs for some information on what to look for when looking at opportunities in my "honest opportunities" blog, how to protect you and your family in my "protect your family" blog as well as to protect your financial future and understand how it is at risk in my "your identity.." blog on yahoo360.

In these uncertain times and with the ever changing and collapsing job market this is truly the age of the entrepreneur.

2006-07-19 10:43:52 · answer #1 · answered by mallicoatdd 4 · 1 1

Since I am already retired and am NOT rich, I have no strategy for myself. However, for you I would suggest you take 10% of your weekly salary and invest it in IRA's. If you do this as you begin a work career, you will be VERY well off when you retire.

Good luck!!

2006-07-19 17:08:28 · answer #2 · answered by No one 7 · 0 0

You need to speak to a financial planner and they can discuss your options with you. The ones that will make you the most money in the long run are also the most riskiest in the short term. If you decide to go this route you must trust your planner to make the best decisions for you.

2006-07-19 16:54:19 · answer #3 · answered by donna 4 · 0 0

Become a financial planner and sell your get rich schemes that don't work to gullible people.

2006-07-19 17:15:58 · answer #4 · answered by Daniel T 4 · 0 0

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