Thread: Investing Poll
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Old 05-22-2007   #72 (permalink)
roni
Happy Curmudgeon

 
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Join Date: Feb 2003
Location: Oregon
Posts: 26,852
Quote:
Originally Posted by IslandBob
I read on yahoo the other day that in order to retire somewhat comfortably one should have invested two years worth of income by about age 40. The sooner the better beacause at that point the investment starts to drive the value not your contributions. The article based its findings on 80,000 a year income and assuming you will want to withdraw 45-50,000 during retirement.

We bit the bullet in our mid twentys and started the automatic contributions, now at almost forty its fun to get the quarterly statements. I sure seemed to take forever to see any real growth.

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Are you guys the couple from MN we met at the Beer Bucket last December-your avatar is so little that old eyes like mine.....have trouble telling

You'se guys educators?
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