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Subject:
"Planning my retirement"
Category: Business and Money Asked by: angical-ga List Price: $2.00 |
Posted:
09 Oct 2005 17:37 PDT
Expires: 08 Nov 2005 16:37 PST Question ID: 578311 |
What is the best financial tool, or approach, to retirement for someone starting at age 49? |
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There is no answer at this time. |
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Subject:
Re: "Planning my retirement"
From: jack_of_few_trades-ga on 12 Oct 2005 13:07 PDT |
49 is an unfortunately late start for retirement planning, but late is far better than never. You'll likely have to work beyond the normal years of retirement if you want to maintain a decent standard of living, so do keep that in mind when making your plans. Vanguard is the best company by far that I've found for retirement investing. They have tools to help you know how much and where to invest your money and they offer much good advice on avoiding taxes (legally of course). Here is Vanguards personal retirement page: http://flagship5.vanguard.com/VGApp/hnw/content/PlanEdu/Retirement/PEdRetInvHwToInvForRetContent.jsp Read up and walk though their steps. It'll be a big help. Then get started with investing ASAP. They can do automatic monthly withdrawals from your checking account so you don't have to worry about ever sending them a check. Best of luck in your retirement planning adventures! |
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