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Whamtastic
LIF Adult
Member since 1/07 997 total posts
Name:
Big Fat Baby with a Blackberry
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If you don't get have pension or retirement benefits through work...
What kind of retirement account do you have? DH and I are looking to open a retirement account soon and we're going to speak with professionals who can hopefully point us in the right directions, but I'm curious to see what everyone else does.
ETA: I'm asking for people who DON'T have 401ks or other retirement savings through work - Neither DH nor I get those sorts of benefits from our employers.
Message edited 8/24/2007 3:37:32 PM.
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Posted 8/24/07 2:08 PM  |
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curliegirl
He's here!!!!
Member since 3/06 10128 total posts
Name:
Gina
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Re: If you don't get have pension or retirement benefits through work...
DH has a 401K and I have nothing.
We actually started making investments in real estate which will hopefully help with our retirement as well.
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| Posted 8/24/07 2:15 PM |
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sunflowerjesss
Mommy to 3!
Member since 10/05 20369 total posts
Name:
Jesss, duh.
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Re: If you don't get have pension or retirement benefits through work...
we each have 401K's through work with a partial company match. So we put most of our retirement savings their since the company kicks in based on percentage.
Additionally we have Roth IRA's which we make a deposit yearly.
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| Posted 8/24/07 2:26 PM |
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JandJ1224
Member since 6/06 5911 total posts
Name:
Jannette
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Re: If you don't get have pension or retirement benefits through work...
I have a 401K that my employer puts a match in
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| Posted 8/24/07 3:12 PM |
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Blu-ize
Plan B is Now Plan A
Member since 7/05 32475 total posts
Name:
Susan
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Re: If you don't get have pension or retirement benefits through work...
I would suggest a traditional or Roth IRA. Consult your accountant and open the accounts with a brokerage firm or bank.
Decide if you want to have the money invested in stock/mutual funds/bonds or cash.
At retirement, it will be used with after tax money which will incur no or little taxes when you draw on it.
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| Posted 8/24/07 3:26 PM |
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MegZee
My bunny
Member since 5/06 8777 total posts
Name:
Meaghan
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Re: If you don't get have pension or retirement benefits through work...
I have a 401k. DH has a pension and a TDA account.
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| Posted 8/24/07 3:34 PM |
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Hi-Fi55
12 years...wow....
Member since 2/06 2984 total posts
Name:
Dianne
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Re: If you don't get have pension or retirement benefits through work...
I have a Roth IRA with Smith Barney and I put lump sums every year along with monthly contributions.
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| Posted 8/24/07 3:39 PM |
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sunflowerjesss
Mommy to 3!
Member since 10/05 20369 total posts
Name:
Jesss, duh.
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Re: If you don't get have pension or retirement benefits through work...
We also have a Mutual Fund which we are using for shorter term investing (10-15yrs, not retirement).
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| Posted 8/24/07 3:41 PM |
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