Who wants boring guaranteed pensions when stocks could make us - TopicsExpress



          

Who wants boring guaranteed pensions when stocks could make us rich? This mentality could make us suffer in the long run. Not yet convinced that failure is baked into the voluntary, self-directed, commercially run stock investment system? Consider what would have to happen for it to work for you. First, figure out when you and your spouse will be laid off or be too sick to work. Second, figure out when you will die. Third, understand that you need to save 7 percent of every dollar you earn. (Didn’t start doing that when you were 25 and you are 55 now? Just save 30 percent of every dollar.) Fourth, earn at least 4 percent on your investments, every year. Fifth, do not withdraw any funds when you lose your job, have a health problem, get divorced, buy a house or send a kid to college. Sixth, time your retirement account withdrawals so the last cent is spent the day you die. Pretty tough isnt it? Why not using a simple passive cash flow to solve all these so as to make you financially independent?
Posted on: Mon, 08 Dec 2014 15:36:35 +0000

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