Any recommendations on investing for retirement?

Answer 1

Start early, contribute at regular invervals, keep costs low, and match your risk exposure to your time horizon. Low-cost, index mutual funds are your best friend for retirement investing.

I have a free downloadable book that will teach you everything you need to know about retirement investing. I am not a financial representative, but am actually a pharmacist with a passion for teaching people about this subject. Click on my profile and email me. I cannot post the site here, as it will get deleted as "spam", even though I am not selling anything.

Answer 2

Well to answer this question, how old are you now? When do you plan on retiring? How much do you have now to invest? Are you planning on putting more into your investment on at least a monthly basis? What level of risk are you willing to take to meet your goals? The answers you have received really are a stab in the dark as none of these questions were answered in your request If you can answer them I can help send you in the right direction write me at [e-mail] Have a good day

Answer 3

It is never too early to start saving, in fact ‘retirement is one of the greatest cons of all time.

What you really want, what everyone really wants is Financial Independence. Someone has set up a standard game plan for everyone. It basically goes as follows:
Age 0-5: Baby – Grow Up
Age 6-17: Child – Go to School
Age 18-21: Student – Go to College
Age 22-65: Adult – Work
Age 65+: Senior Citizen – Retire and Die

Retirement usually means that we are no longer dependent on work for our income and daily living needs. Our income is independent from our occupation.

So what you really want is ‘Financial Independence’ much earlier than scheduled for us in the standard game plan. In fact maybe the game plan we really want is more like:
Age 0-5: Baby – Grow Up
Age 6-17: Child – Go to School
Age 18-21: Student – Go to College
Age 22-39: Adult – Work towards Financial Independence
Age 40+: Financially Independent – Enjoy Life

So now that we have a goal of Financial Independence, we need to set a timescale to reach that by and a means of reaching that goal.

In this context we are generally talking about a savings and investment plan that will give us a sufficient amount of money to live off for the rest of our lives.

We will need to equip ourselves with the necessary knowledge and tools to make this work now.

To be successful we will need patience, discipline, and wisdom. But most importantly we need a plan.

It may prove expensive to acquire that much needed wisdom on our own. Learn by other peoples mistakes. Learn from other peoples successes. Read some books. Visit our local book store and find books that we like and feel comfortable with.

Some of the titles I have on my bookshelf include:
One Up on Wall Street by Peter Lynch
How to make money in Stocks by William J. O’Neil (Founder of Investor’s Business Daily)
The Millionaire Next Door by Thomas J Stanley and William D Danco

Check out web sites like fool.com and yahoo finance.
Investigate trading strategies with a proven track record over 3, 5, 10, and 15 years.

Pick something that we understand, find easy to use and will help us realise our goals. Pick a strategy where we can take responsibility for your investments and be in full control of our capital.

Systems like the Stocks Monthly system (which has generated an average return of 49%p.a. over the past 15 years) are definitely worth investigating once we are up to speed with the nuts and bolts of investing.

Answer 4

A. Don't ask for investment advice from strangers.
B. Read... Read... Read... Start off with the "Dummies" book on retirement investing... then move on to one or two more until you're comfortable with the importance of "asset allocation" and how to achieve it.....
C. Never take "tips"!!!!!!

Answer 5

Start saving for retirement as early as possible. You definitely should start a habit of contributing to a company-sponsored 401K plan since most companies also offer a capped-amount contribution, which is essentially "free money". If you can, also save more by contributing into a IRA account (contributions are tax-deferred).

Answer 6

Hi, here is a collection of informative articles about investing. a free online investing tutorial for you.

http://www.investingtutorial.info/

good luck !

wish you make fortune from investing !

Answer 7

invest as much as you can as early in your career as you can in your 401k or ira. invest in mutual funds that yield a high return. the younger you are the more aggressive style you should invest.