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Author: aj485 Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5084  
Subject: Re: Retirement Planning Date: 12/25/2007 7:44 AM
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Welcome!

I don't make a lot of money but would like to retire with 1,000,000. I am 43 years old with 60k in my 401k.

In 21 years, at an 8% return, your $60k will be about $300k. So you will need to find some additional capital to invest and/or make a much better return than 8%. Here's a calculator to help you figure out how much additional you would need to invest to get to $1 million by the time you are 64: http://cgi.money.cnn.com/tools/millionaire/millionaire.html

Would purchasing the "Rule Your Retirement" package be money well spent?

If the only place you are investing is your 401(k), you are limited to the choices in your 401(k), so any investing package that makes stock recommendations would be questionable, IMO. If you are going to invest money outside of your 401(k), or you are planning on changing jobs, so you have the opportunity to roll your 401(k) over to an IRA, where you can choose your investments, then an investing newsletter might be worth it, as long as it doesn't add a significant amount to your costs, either through costs of recommended trades or through the cost of the newsletter.

Also, how can I become more educated in creating a robust portfolio?

Start here: http://www.fool.com/investing.htm

There's a box entitled "Investing Education" about halfway down the page that has links to some good educational material. I am sure others will be along with additional recommendations.

AJ
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