Skip to main content
No. of Recommendations: 3
Howie52 analyzes,

If one retires at 55 to 65, they must really start investing their paper delivery route
payments seriously.

</snip>


Not at all. Actuarially, the average 55-yr-old in the top 20% of the income pyramid is going to live another 30 years or more. Assuming you started making contributions to your 401k as soon as you graduated from college, you'll have 60 years or more between saving for retirement and spending down your portfolio in retirement. That's why a fraction of a percent in fees & costs makes such a huge difference.

intercst
Print the post  

Announcements

The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
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.