Assessment Investments by kyle white https://padlet.com/kylew8843/60mokk53vweinopz 6.2 en-us 2020-12-17 03:27:32 UTC 2020-12-17 03:51:27 UTC hello@padlet.com How do potential investments of a retiree differ from a young person? kylew8843 https://padlet.com/kylew8843/60mokk53vweinopz/wish/1026529258 Study the options you have for taking money from your retirement accounts and the impact they will have on your taxes. Then, review your combined potential income after
retirement and reallocate your investments to provide the income
you need and some growth in capital to help beat inflation and help fund your later years.(Investment Strategies, 11)  But, when you're a young person A good investment goal for this stage of life may be to put approximately 10 percent of your income toward retirement, and
to potentially increase the amount you save whenever you receive
a raise. You should take advantage of an employer-sponsored 401(k), or start an Individual Retirement Account (IRA). Even if you
only put a small amount of money into these accounts, you’ll get
in the habit of saving and may potentially benefit from compounded interest. (Investment Strategies, 11)]]> 2020-12-17 03:29:31 UTC https://padlet.com/kylew8843/60mokk53vweinopz/wish/1026529258 Investment Plans kylew8843 https://padlet.com/kylew8843/60mokk53vweinopz/wish/1026530233 My dad started working at 18 for a company that would match 401k contributions. He decided to max out his side of it (he can't remember what percent that was). Then, his company was bought out by another and he had to rollover that 401k to an IRA. Now, he has another 401k which he puts in 5% and the company matches 4%. ]]> 2020-12-17 03:30:04 UTC https://padlet.com/kylew8843/60mokk53vweinopz/wish/1026530233 My plans: kylew8843 https://padlet.com/kylew8843/60mokk53vweinopz/wish/1026543115 When I start working I'd like to save 10-20% of my pay in savings until I get a job after college. Then, I will start investing in the companies 401k and possibly even some IRA's, like my dad. When I retire I don't have to be rich, just comfortable enough to afford a place to live and do some travelling.]]> 2020-12-17 03:38:30 UTC https://padlet.com/kylew8843/60mokk53vweinopz/wish/1026543115