UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 81642  
Subject: Re: A 1st-timer with r'trment investing. Fool m Date: 12/16/1998 10:48 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
Greetings, Lasida, and welcome. You wrote:

<<I did some reading on retirement investment. Still, I'd like to hear what the forum has to say.

I am thinking of starting a self-directed IRA; due to income restriction, I am not eligible for Roth. I have already maxed out 401(k) contribution for the year, despite the _f_oolish selection of funds in my company 401(k). I'm single and have about 20-yrs before reaching 57+. I don't own a house, btw.

I'd like to hear some opinions on Foolish investment strategies for my situation. Should I keep maxing out the contribution on 401(k), and once started, the IRA as well? What other things should I do to maximize my financial situation, with regards to retirement savings? >>

Sounds as if you already have the investment program well in hand if you're using your 401k and a Roth to the maximum. Now start thinking about retirement itself. For issues to consider, check out my 13 Steps to Foolish Retirement Planning at http://www.fool.com/Retirement/Retirement.htm .

Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next


The Retire Early Home Page
Discussion on accelerating retirement day.
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.