2007-07-19 16:22:41 · 4 answers · asked by CKCCKC 1 in Business & Finance ➔ Personal Finance
keep working, past retirement age. good luck
2007-07-19 16:26:24 · answer #1 · answered by Anonymous · 0⤊ 0⤋
21+ years in the military -- been collecting on that for over 10 years now, since I was 44. And heavy contributions to IRAs & 401(k) since. Worst case projected monthly retirement income at age 68, in today's dollars as most of it is indexed for inflation: $4,000. I'm on track.
2007-07-19 16:36:43 · answer #2 · answered by Bostonian In MO 7 · 1⤊ 0⤋
I opened up a Roth IRA at age 16 this year. I can withdrawl money from it tax-free when I retire after age 60 I think. It grows on compound interest, so depending on rates, it can grow pretty big in 44 years.
2007-07-19 16:28:35 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Paid off house.
Maxed out 401K's & ROTH IRA's.
Used an "Asset Allocation" that worked for me & rebalanced it 2 - 4 times a year.
2007-07-19 16:36:22 · answer #4 · answered by Common Sense 7 · 0⤊ 0⤋