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|Subject: Late Start. . .Need help with a Plan||Date: 11/8/1999 1:42 PM|
|Author: CalHenline||Number: 15207 of 82832|
I hope this message board is the place to get some Foolish advice.
My wife and I own a little S corp. We established a self-directed KEOUGH in 98. We both have IRA's established 2 years ago. I need some idea of how much we need to invest each year to build some sort of structure to provide for retirement (someday).
I have been following the FOOL for about 9 months now. I completed Tom Gardner's Investment Seminar.
The foolish 4 is a little unclear due to Companies being dropped from the dow.
The age odometer turned 60 in June this year. Has anyone found a way to roll it back?? I think I can plan on an investment working for me for about 10 years but don't have the 25/30 years for the compounding magic to work. I'm conservative by nature. I have no problems investing in solid, growth stocks but don't think I want to play the speculation game that some stocks/mutual funds want you to join.
If anyone has trod this path and has any advice to offer, I'd love to hear from you.
Thanks from big D (Dallas)
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