mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
While most posters to this board seem to be successful investors and will find this article rudamentry, many newbies drop in and out over time and may find this helpful in setting their course in the proper direction.
http://retireplan.about.com/cs/retirement/a/retire_primer1.htm?nl=1
Planning for your retirement is much more complicated than opening an IRA contributing to a 401k, or belonging to a pension plan where you work. While these are excellent beginnings, you must plan for any and all events that can and will happen after you choose to retire from work. You not only need to plan for retirement income, you must also plan for the disposition of your assets upon you death. You need to decide where you will live after retirement, how you will handle tax matters, what insurance you will need and how you will pay for it, and so on.
http://retireplan.about.com/cs/retirement/a/retire_primer1.htm?nl=1
Planning for your retirement is much more complicated than opening an IRA contributing to a 401k, or belonging to a pension plan where you work. While these are excellent beginnings, you must plan for any and all events that can and will happen after you choose to retire from work. You not only need to plan for retirement income, you must also plan for the disposition of your assets upon you death. You need to decide where you will live after retirement, how you will handle tax matters, what insurance you will need and how you will pay for it, and so on.
