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Message
re: Schwab Traditional IRA Advice
Posted on 2/1/24 at 9:17 am to AFtigerFan
Posted on 2/1/24 at 9:17 am to AFtigerFan
How old are your kids? How do you know you won’t need it? I would detail what this money is for and make sure you know what it’s for. That is the key for your investment allocations.
1
Posted on 2/1/24 at 10:08 am to TJack
quote:
How old are your kids?
10-12
quote:
How do you know you won’t need it?
I could live off my current pension if I wanted to, but I decided to take another full-time job since I love the work. I'm working on my 2nd pension with this job. My children's college expenses are already covered so I don't have to worry about that part.
quote:I'd like a pretty safe growth plan with the intention of this being an inheritance for my children.
I would detail what this money is for and make sure you know what it’s for. That is the key for your investment allocations.
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