How to Save Wisely: Aiming for the Retirement You Deserve
- By Jane White
- Published Feb 1, 2010 by FT Press. Part of the FT Press Delivers Elements series.
- Copyright 2010
- Dimensions: 5-3/8 X 8-1/4
- Pages: 12
- Edition: 1st
- eBook (Watermarked)
- ISBN-10: 0-13-706729-1
- ISBN-13: 978-0-13-706729-9
Register your product to gain access to bonus material or receive a coupon.
This Element is an excerpt from America, Welcome to the Poorhouse: What You Must Do to Protect Your Financial Future and the Reform We Need (ISBN: 9780137020171) by Jane White.¿¿Available in print and digital formats.
The simple investing rules that can still help you build and preserve a secure retirement.
To save for retirement, Keep It Simple. Obey some basic rules. Invest mostly in stocks, gradually shifting to money market funds as you approach retirement. Avoid brokerage accounts (in which you actively trade) because you can’t time the market. Don’t sell in a market downturn. And don’t cash out: Don’t tap into your 401(k) savings when changing jobs.
Get access to thousands of books and training videos about technology, professional development and digital media from more than 40 leading publishers, including Addison-Wesley, Prentice Hall, Cisco Press, IBM Press, O'Reilly Media, Wrox, Apress, and many more. If you continue your subscription after your 30-day trial, you can receive 30% off a monthly subscription to the Safari Library for up to 12 months. That's a total savings of $199.