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Ideas to Retire Comfortable

6/26/2022

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Your contribution(401K/IRA)  / Government contribution(SS) /  Pension(defined benefit)
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CONTACT SOCIAL SECURITY
Social Security Retirement   Payout
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Contribute and Rollover  401K plan into an IRA everytime you leave a job until retirement
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B​est recommended strategy  long term   .....buy and hold  in  S&P 500 index fund
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Invest $42 week at 10% interest, work 10years = $1 million dollar
Compound Annual Growth Rate (CAGR), shows 10.04% average S&P 500 return from 1928 to 2020
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Invest $240 week at 6% interest work 47years = $3 million dollar
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Things to do:



1- Pick Low or No-Fee Market Leading IRA that offer S&P index 500 funds,
2- Work for companies that match your contribution (.25 or higher)
3- Buy 'low' and sell 'HIGH' .....follow fundamentals, low  P/
e  and  low  P/s   keys
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Note: stock market maybe 'too high' at p/e > 25+...move to cash
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Historically if the stock mkt  price/sales ratio indicator is rising from  0.25 to 3 it will make money, when stock market p/s indicator > 3  may need to move to cash
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How much average retirement money needed by state to retire
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The problem:  the avg retirement savings by age
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