"When it comes to saving for retirement what is the best option when like me have 35 to 40 years to go before retirement age?"
TIME is on your side....that is the best part of any investment portfolio...TIME is on your side.
Of course, some of the other important things to learn real quick if you want to have a secure retirement are among others....
Save money. Live below your means. Live within your needs. Don"t do anything foolish with your retirement money...
#1--get your 401k money out of any plan whenever you have the chance and roll it into an IRA....more choices that you make and not someone else making them for you.
#2--at your age, a ROTH IRA would be a good idea....hope that when the gov. changes the "tax free" rules they grandfather the old rules...highly likely.
#3--Understand that any investment advice is an opinion..(mine too)
#4--an investment that is good for the goose, is not necessarily good for the gander...
#5--things go wrong even when you do things right
Tim---still working....
P.S.----real estate, land included, can lose you money....especially if you need to sell it when there are few buyers...like now...
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [Read Article]
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1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
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