Early Retirement & Financial Independence Community - View Single Post

MasterBlaster · 04-06-2006, 01:12 PM

Is 45,48 really that old ?

The Target Retirement funds are indeed a good choice. I wouldn't go with a slice and dice approach with your folks like many here recommend.

Your folks need to understand that they should save more, alot more, else they really suffer when they quit working. Perhaps you could do a FIRECALC (or other) simulation for them to project their future likely retirement budget.

04-06-2006, 01:12 PM	#2
MasterBlaster Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 1,919	Is 45,48 really that old ? The Target Retirement funds are indeed a good choice. I wouldn't go with a slice and dice approach with your folks like many here recommend. Your folks need to understand that they should save more, alot more, else they really suffer when they quit working. Perhaps you could do a FIRECALC (or other) simulation for them to project their future likely retirement budget.