Comments on: retirement?

By: arch0049

arch0049 — Thu, 22 Jan 2009 16:07:22 +0000

So you do not run out of money late…

By: hawks1690

hawks1690 — Wed, 21 Jan 2009 20:48:33 +0000

Hi,

The answer is it is up to the individual. Have a read at the following article and it might give you a few pointers.

Thanks

By: Kiran C

Kiran C — Tue, 20 Jan 2009 22:44:50 +0000

If someone contribute $400 a month for 10 years in a investment that earns 8% and waits 20 years, he or she will have $341,081.45. If someone else waits 10 years and then invests $400 a month for 20 years, he or she will have $235,608.17. If you start early, you will have time to accure more money.

By: chuck_norris_owns_you

chuck_norris_owns_you — Mon, 19 Jan 2009 12:22:30 +0000

You plan for retirement early so you can start putting money away in an IRA sooner. Your money will grow much further with compounding interest if you have a long time to contribute.

By: Bold Man

Bold Man — Sun, 18 Jan 2009 17:56:17 +0000

by the time u reach retirement age u wont have time to think about it. and u can save more money if u start early.

By: dclegg202

dclegg202 — Sun, 18 Jan 2009 02:44:52 +0000

Planning early for anything gives you more options, greater freedom and increased understanding.

Like the scouts say, ‘Be prepared’. In this case for anything!