UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: retking Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76882  
Subject: Retirement Investing Date: 2/25/2000 2:18 AM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
As I have been modestly foolish most of my life, I am now at the point where I must ask for some financial advice concerning my retirement portfolio.

Given the following:

59.5 years of age.

COLA adjusted Pre-tax pension income of $33,000 +
$18,000 Social Security at age 62.

401-K assets of $250,000. Other Mutual fund IRA's
of $100,000. Will use some of these assets to bridge the gap from 59.5 until age 62.

I have no financial liabilites at present but plan to finance a retirement home and I plan put down $50,000 and mortgage $150,000, if required.

How should I invest $200,000 from my 401K? I am foolish enough not to want pursue a very diverse
portfolio but will take a moderately high to high risk level. Don't like annunities, foolish -yes/no??

I usually tell fools to take my advice, I don't use it!!! retking
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.
Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
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.
Post of the Day:
Berkshire Hathaway

Buffett's Biggest Mistake
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
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.