Thread: Investing 102
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Old 12-16-2013, 07:27 AM
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GregWeld GregWeld is offline
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Quote:
Originally Posted by toy71camaro View Post
I should be done with my Emergency fund soon, and can start getting back into investing into my future. My goal is 10% of my income into a non-retirement account and 10% into a retirement account (Roth).


Albert -- that might seem really painful to many folks -- but think about how painful it's going to be if you DON'T do that!


So many play now - thinking they'll somehow take care of everything later.


Like I said to a buddy the other night --- Dude! If it costs you 150K a year to live right now - and you want to live the same in retirement…. that's the income off 3 MILLION DOLLARS! He stared at me like a deer in the headlights. Given that he's 62… I'm thinking he might be in a dark tunnel and there's a train on the other side.
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