NationStates Jolt Archive

Obviously, the retirement portfolios of the 35 and under crowd look a lot different from those of the 45 and up crowd. What does your retirement portfolios look like?

I am married and in my early 30s. I am invested 50% in a small start up business, 20% in an S&P 500 index, and 30% in individual stocks.

So what do your portfolios look like? Anybody want to discuss their retirement fund investing philosophies?

My investment portfolio consists of a long board, 2 boogies, a sack of beans, a sack of rice, and a sack of corn.:cool:

I'm the beneficary of a family trust along with 4 others. the trust has assets currently valued at over a Million, and appreciating every year.

Single and in my early 20's. I'm invested in various mutual funds through a Roth IRA. Frankly, my college account has more risk. I'm trying to get access to my IRA to shift things around.

This, kids, is why you never let your father cosign on your retirement account. Or your college account, for that matter. [end slight rant]

Aren't you lot a bit young to be worrying about old age? Stress accelerates ageing, you know ;)

Aren't you lot a bit young to be worrying about old age? Stress accelerates ageing, you know ;)

Through the magic of compound interest and to a lesser extent, dollar cost averaging, my wife and I should not have to worry at all about retirement when we are old because we are so aggressive about it when we are young.

Retirement is definitely not something that can be put off until later unless you plan on contributing 75% of your income to building up retirement assets, most of which will not qualify for tax protection. I personally plan on never having to put 75% of my income anywhere. That is not my picture of financial freedom at all. Right now about a 30 to 35% of our post tax income goes to paying off debt and that is rough. I could not imagine being in a situation where I had to do double that before we even got around to paying for utilities and groceries.

I do not think that people can afford to wait until they are older to save for retirement.

Retirement?! Wow you people are old! ;)

Through the magic of compound interest and to a lesser extent, dollar cost averaging, my wife and I should not have to worry at all about retirement when we are old because we are so aggressive about it when we are young.

Retirement is definitely not something that can be put off until later unless you plan on contributing 75% of your income to building up retirement assets, most of which will not qualify for tax protection. I personally plan on never having to put 75% of my income anywhere. That is not my picture of financial freedom at all. Right now about a 30 to 35% of our post tax income goes to paying off debt and that is rough. I could not imagine being in a situation where I had to do double that before we even got around to paying for utilities and groceries.

I do not think that people can afford to wait until they are older to save for retirement.

Life past a certain age is pointless...

Life past a certain age is pointless...

Is life past 50 too old? 60? What do you mean? I agree that life after a certain decline of health is pointless and people tend to have worse health as they age but I am not sure that I get your point.

Meh...I work in the public sector so I still have a final salary pension.

Besides, I smoke and drink so I'm spending it now ;)

Retirement?! Wow you people are old! ;)

Thanks. I just had my 31st birthday and I feel a little old as a result. I started saving for retirement when I was 25 and I wish I started earlier. I think I did start earlier and I think somehow a parent raided it and sold it I am not sure what happened to that retirement account. I think it is time to ask about that.

Sorry for that brain fart maybe I am getting old.

Thanks. I just had my 31st birthday and I feel a little old as a result. I started saving for retirement when I was 25 and I wish I started earlier. I think I did start earlier and I think somehow a parent raided it and sold it I am not sure what happened to that retirement account. I think it is time to ask about that.

Sorry for that brain fart maybe I am getting old.
Ha! Thirty one! You're old! *Teases old person*

Being old is a state of mind. Examples: My grandparents, despite being over the age of sixty, are still young.

My mother, despite being under forty, is old.

The difference between my grandparents and my mother? My mother fears technology.:)

I just graduated a few months ago, so there isn't really anything to save.

Current investments are AT&T and Comcast, given to me by family, Disney, Royal Caribbean, and GE, and a few thousand in a Fidelidy account, but none of this is so much for retirement.

What I'm considering doing is putting money into a health savings account, which is a good health care option and functions like an IRA after retirement. Stocks, bonds, IRAs, 401K...all of these will be added...esp. the IRA, probably Roth. I plan on putting as much in during my 20's as I comfortably can.

I'm 18 and thus unable to plan anything beyond the weekend...

but I do have as penny jar :)