No. of Recommendations: 2
... I have nothing in retirement funds right now! My age is 35...

It is sort of just semantics but one way to look at your investments is that the first dollar you save will be the last dollar you spend. If you are investing to support yourself through the age of 95, then you have a sixty-year time frame that this years money will be invested. With that time frame 100% stocks would be fine, if it is OK with your temperament.

The affect of compounding are amazing over that sort of time frame, but this also means that you need to be much more careful about keeping your expenses low than an older investor. In current (inflation adjusted) dollars, if $100 invested by 7% over the next 60 years, that is worth almost $6,000 in current dollars.

Greg
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement