Comments on: retirement?

By: arch0049

arch0049 — Fri, 07 Nov 2008 04:07:09 +0000

So you do not run out of money late…

By: hawks1690

hawks1690 — Thu, 06 Nov 2008 13:01:44 +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, 04 Nov 2008 14:55:54 +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 — Sat, 01 Nov 2008 10:00:41 +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 — Thu, 30 Oct 2008 09:37:21 +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 — Tue, 28 Oct 2008 11:59:05 +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!