Help,I am getting out of the company, just made 58 and can make it to 59 1/2 with what I have,I have $275,000 in a 401k. I can take with me and roll to a IRA, and buy time I get to 59 1/2 that money need,s to be makeing as much as it can for me, Guy,s at work say 8% can be made on dividens in stock,s and that would be $22000 a year, but it don;t look like that to me, one guy said to look for a new,s letter that you pay for and guides you into the right area for safe dividen,s and retirement investing.Other people want to take it and invest it for a fee with no garrantees, but lots of hype to go with it.Any help would be appreciated
Hi fella1,I'm still learning Foolish ways so I'm not able to provide a direct answer that you maybe looking for but I did pick up on a response on the "ask a Foolish ?" board. Here is the link: http://boards.fool.com/Message.asp?id=1010001046009001&sort=idHappy retirement! HaGD, LCJ
Thanks L2J,TAXI looks like a good one for 8.9% and in busness 20 years, I will most likely put some $ in there. I looked at the fool's 3 retirement stock pick's and that don't look so good, I am still searching the web for a new;s letter on dividen and income investing for retired people, I am not to good at this net stuff, just started a month ago. Fella1
Hello fella1;Recommend a stroll over to AARP www.aarp.org and taking a look at the recommendations that AARP has come up with for investments for retirees.I am 50 and I have been retired for the last year, I'm very active in investing and I keep an eye on my retirement 401 k account and the IRAs. Make yourself some good luck. Think The Best Thoughtsbens
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