Eikonal Blog

2010.10.12

Retirement

Filed under: economy — Tags: , , , , , — sandokan65 @ 10:29

Financial calculators online

Articles

  • Retirement checklist: What to do from 35 to 55+ – http://money.cnn.com/2010/09/21/retirement/retirement_checklist.moneymag/index.htm. Here is the list of bullets this article covers (for details, go read the article itself):

    • Mid-30s to early 40s:
      • How much you should have in your retirement savings: 1.5 times your annual salary.
      • Goal: Develop the habit of saving.
      • Savings: 1.5 times your annual salary by age 35.
      • Take full advantage of my 401(k) match.
      • Boost my 401(k) contribution.
      • Find other tax-advantaged ways to save.
      • Cover six months of expenses.
      • Invest for growth.
    • Mid-40s to early 50s:
      • How much you should have in your retirement savings: 3 times your annual salary.
      • Main goal: Focus on how you invest your money.
      • Savings: 3 times annual salary by age 45
      • Rebalance my portfolio.
      • Go over my investment strategy.
      • Make my catch-up contributions.
      • Give myself a reality check.
      • Consolidate my far-flung retirement accounts.
    • Mid-40s to early 50s:
      • How much you should have in your retirement savings: 6 times your annual salary.
      • Main goal: Decide what type of retirement you want.
      • Savings: 6 times your annual salary by age 55.
      • Prune my stock portfolio.
      • Map out a blueprint for my retirement.
      • Run (and rerun) my income plan.
      • Look into when to take Social Security.
      • Work on my Plan B.
Advertisements

Leave a Comment »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Blog at WordPress.com.

%d bloggers like this: