The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: $5,000 IRA limit instead of $2,000 Date:  3/17/2000  1:55 PM
Author:  Chipsboss Number:  20188 of 104364

I don't argue with your cautious assumption that SS will not be there for you. The risk you run of being defrauded of your benefits by your kindly government decline with age, I believe. I am planning on receiving it and, if the government reneges on its quasi-promise, I'll spend a little less. It's not a big deal for me. My counterbalancing cautious assumption is that I'll make only 4% real return as an annual average over the next 35 years while invested mostly in the S&P 500 or the Schwab 1000.

Chips, planning to start SS payments in five years, at age 65, and collect for thirty years at least
Copyright 1996-2021 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us