Comments on: Preparing for Retirement http://www.promoneyblog.com/personal-finance/preparing-for-retirement Tue, 18 May 2010 08:57:34 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: roth ira rates http://www.promoneyblog.com/personal-finance/preparing-for-retirement/comment-page-1#comment-660 roth ira rates Tue, 09 Dec 2008 21:52:30 +0000 http://www.promoneyblog.com/personal-finance/preparing-for-retirement#comment-660 I am looking into a Roth IRA for my portfolio. I think it is the right option for me and you may look into it. I am looking into a Roth IRA for my portfolio. I think it is the right option for me and you may look into it.

]]> By: LifeInsuranceIndia http://www.promoneyblog.com/personal-finance/preparing-for-retirement/comment-page-1#comment-622 LifeInsuranceIndia Thu, 17 Jul 2008 14:48:09 +0000 http://www.promoneyblog.com/personal-finance/preparing-for-retirement#comment-622 I think you have a very long vision and have taken a good step trying to save now. You just have to check the power of compunding to confirm you are on right track. If you are investing for such a long time i would suggest you go for blue chip equities along with SIP (Systematic Investment Plan) and keep investing everymonth irrespective of the upturns and downturn and you would see tremendeous growth in you portfolio every 5 yrs or so (business cycle) I think you have a very long vision and have taken a good step trying to save now. You just have to check the power of compunding to confirm you are on right track. If you are investing for such a long time i would suggest you go for blue chip equities along with SIP (Systematic Investment Plan) and keep investing everymonth irrespective of the upturns and downturn and you would see tremendeous growth in you portfolio every 5 yrs or so (business cycle)

]]> By: Jonathan http://www.promoneyblog.com/personal-finance/preparing-for-retirement/comment-page-1#comment-615 Jonathan Tue, 08 Jul 2008 19:55:32 +0000 http://www.promoneyblog.com/personal-finance/preparing-for-retirement#comment-615 Hey Dennis, Great post! I also recently graduated college and have the same sentiments as you do. Neither of my parents were every really fiscally responsible, so I'm trying to get a head start. I agree maxing out my IRA is a terrific idea, but I'd like to add attempting to pre-pay my mortgage off asap as well is a goal I have for myself. Hey Dennis,

Great post! I also recently graduated college and have the same sentiments as you do. Neither of my parents were every really fiscally responsible, so I’m trying to get a head start. I agree maxing out my IRA is a terrific idea, but I’d like to add attempting to pre-pay my mortgage off asap as well is a goal I have for myself.

]]> By:   I got a raise! by Pro Money Blog | A young professional finance and entrepreneurship blog http://www.promoneyblog.com/personal-finance/preparing-for-retirement/comment-page-1#comment-400   I got a raise! by Pro Money Blog | A young professional finance and entrepreneurship blog Fri, 24 Aug 2007 04:41:27 +0000 http://www.promoneyblog.com/personal-finance/preparing-for-retirement#comment-400 [...] the extra money coming in next year, there are some implications to my retirement plan. Instead of hitting the next tax bracket in 2010, I’ll actually reach it a whole year [...] [...] the extra money coming in next year, there are some implications to my retirement plan. Instead of hitting the next tax bracket in 2010, I’ll actually reach it a whole year [...]

]]> By: Dennis http://www.promoneyblog.com/personal-finance/preparing-for-retirement/comment-page-1#comment-284 Dennis Wed, 08 Aug 2007 03:59:03 +0000 http://www.promoneyblog.com/personal-finance/preparing-for-retirement#comment-284 Thanks for all the comments!! About 15% of my gross income is going into a retirement fund. The rest is being saved through stock investments or a high interest savings account. Thanks for all the comments!! About 15% of my gross income is going into a retirement fund. The rest is being saved through stock investments or a high interest savings account.

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