The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Mom is 61, has NO retirement plan. Please advise Date:  2/2/2000  2:09 PM
Author:  alvigirl Number:  18622 of 91085

Mom is 62. She has no retirement plan. She's self employed and working hard.
She never learned to invest money. She thought that social security would take care of her, maybe she is a product of her generation...
I want to help! to make a plan and to explain it so it's not intimidating.
I'm just learning about investing myself. I thought we could open a SEPIRA, and a Roth IRA. Can one open a SEP after retirement age of 59 1/2?

Any advice would be so appreciated! thanks.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us