Comments on: How Do I Plan To Reach My Investing Goals For Retirement? http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/ Teach Your Money To Think! Fri, 10 Feb 2012 18:37:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Hercules http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3786 Hercules Mon, 13 Jun 2011 21:30:49 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3786 I hate to think of this topic as I know I'll not have enough for a good retirement when the time comes.  I'm just not saving enough. I hate to think of this topic as I know I'll not have enough for a good retirement when the time comes.  I'm just not saving enough.

]]> By: hank http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3490 hank Fri, 26 Mar 2010 15:42:19 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3490 @Felix - thanks for the praise, but I'd have to agree with you, it's not a great horizon (I'm the same age). Getting STARTED is the biggest thing with time on our side. @JLPT - It is, and you CAN deviate from the plan, as long as that plan is still moving forward... @Felix – thanks for the praise, but I’d have to agree with you, it’s not a great horizon (I’m the same age). Getting STARTED is the biggest thing with time on our side.

@JLPT – It is, and you CAN deviate from the plan, as long as that plan is still moving forward…

]]> By: JLPT http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3488 JLPT Fri, 26 Mar 2010 02:08:01 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3488 It's not easy to stay on the path. I made many plans but there were too many external factors. It’s not easy to stay on the path. I made many plans but there were too many external factors.

]]> By: Felix http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3447 Felix Tue, 09 Mar 2010 05:07:48 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3447 $1 million sounds like a lot, but at the same time, isn't really that much. I'm 31 right now...if there's any chance of me retiring at 45, I'd probably need $2 million by that time. What we need to focus on is increasing our returns and not focus on how much we contribute. As you pointed out, that 2% makes a significant difference. Obviously, 12% will not get us anywhere quick. A smart small investor should be able to get 20% returns consistently. After all Warren Buffet and Peter Lynch had 20%+ returns over a very long term and they had billions of dollars to invest, which make them not so nimble nor flexible with their stock picks. I would recommending reading Phil Town for all the beginner investors in the room. He's great! Hank, I liked you post though. I wish you luck in your plans! .-= Felix´s last blog ..<a href="http://feedproxy.google.com/~r/CatholicInvestor/~3/wrSwm6q_ofw/do-you-have-extra-cash.html" rel="nofollow">Do You Have Extra Cash?</a> =-. $1 million sounds like a lot, but at the same time, isn’t really that much. I’m 31 right now…if there’s any chance of me retiring at 45, I’d probably need $2 million by that time. What we need to focus on is increasing our returns and not focus on how much we contribute. As you pointed out, that 2% makes a significant difference.

Obviously, 12% will not get us anywhere quick. A smart small investor should be able to get 20% returns consistently. After all Warren Buffet and Peter Lynch had 20%+ returns over a very long term and they had billions of dollars to invest, which make them not so nimble nor flexible with their stock picks. I would recommending reading Phil Town for all the beginner investors in the room. He’s great!

Hank, I liked you post though. I wish you luck in your plans!
.-= Felix´s last blog ..Do You Have Extra Cash? =-.

]]> By: Daddy Paul http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3398 Daddy Paul Thu, 11 Feb 2010 14:45:39 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3398 Trying to figure out what return you are going to get in the future is difficult. Contribute as much as you can buy the dips and sell off a little during the peaks. I think you can blow 10% per year away. If this were 1975 again which had a similar market 10% is a piece of cake. .-= Daddy Paul´s last blog ..<a href="http://fundtips.blogspot.com/2010/02/best-small-cap-funds.html" rel="nofollow">The best small cap mutual funds</a> =-. Trying to figure out what return you are going to get in the future is difficult. Contribute as much as you can buy the dips and sell off a little during the peaks. I think you can blow 10% per year away. If this were 1975 again which had a similar market 10% is a piece of cake.
.-= Daddy Paul´s last blog ..The best small cap mutual funds =-.

]]> By: rajkumar http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3384 rajkumar Fri, 05 Feb 2010 08:41:30 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3384 Nice post!!!!!!!!! Thanks!!!!!!!!! .-= rajkumar´s last blog ..<a href="http://moneymarketblog.blogspot.com/2010/01/why-is-building-brand-important.html" rel="nofollow">Why is Building a Brand Important?</a> =-. Nice post!!!!!!!!! Thanks!!!!!!!!!
.-= rajkumar´s last blog ..Why is Building a Brand Important? =-.

]]> By: Amelia http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3093 Amelia Wed, 18 Nov 2009 18:21:45 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-3093 I would love to do one of those I would love to do one of those

]]> By: Why don’t people share their knowledge at work? - My Investing Blog http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-408 Why don’t people share their knowledge at work? - My Investing Blog Thu, 10 Jan 2008 20:38:48 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-408 [...] Share that information and you’re going to see your salary increase, your portfolio, your net worth, and your retirement nest egg when you start investing that extra money you got when you learned [...] [...] Share that information and you’re going to see your salary increase, your portfolio, your net worth, and your retirement nest egg when you start investing that extra money you got when you learned [...]

]]> By: Should I take out a reverse mortgage on my house? What IS a reverse mortgage? - My Investing Blog http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-407 Should I take out a reverse mortgage on my house? What IS a reverse mortgage? - My Investing Blog Tue, 08 Jan 2008 13:03:21 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-407 [...] blog and under the age of 50, well, you’re probably on the right path anyway if you’ve got a plan, at least educating yourself to get a better understanding of what is to come so you won’t [...] [...] blog and under the age of 50, well, you’re probably on the right path anyway if you’ve got a plan, at least educating yourself to get a better understanding of what is to come so you won’t [...]

]]> By: Aaron Stroud http://www.myinvestingblog.com/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-406 Aaron Stroud Mon, 24 Dec 2007 10:14:47 +0000 http://myinvestingblog.com/2007/12/23/how-do-i-plan-to-reach-my-investing-goals-for-retirement/#comment-406 Sometimes it's fun to look at what big returns will do to your nest egg. I did the same thing early on, but now I'm more concerned about the effect of a prolonged spell of low returns. Fortunately we both have plenty of time to <em>contribute more</em> if that happens. Sometimes it’s fun to look at what big returns will do to your nest egg. I did the same thing early on, but now I’m more concerned about the effect of a prolonged spell of low returns. Fortunately we both have plenty of time to contribute more if that happens.

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