Your contribution(401K/IRA) / Government contribution(SS) / Pension(defined benefit)
Social Security Retirement Payout
Contribute and Rollover 401K plan into an IRA everytime you leave a job until retirement
Best recommended strategy long term .....buy and hold in S&P 500 index fund
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
Invest $240 week at 6% interest work 47years = $3 million dollar
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
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
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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