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30k to start a retirment with?

Posted on 2/12/16 at 1:39 pm
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 2/12/16 at 1:39 pm
How would you do it if you wanted to retire in 20 years?

( This would be a secondary retirement)
Posted by castorinho
13623 posts
Member since Nov 2010
82033 posts
Posted on 2/12/16 at 2:37 pm to
quote:

30k to start a retirment with?

move to a third world country
quote:

How would you do it if you wanted to retire in 20 years?


Ohhhhhhhhhhh. That depends on what your primary source is and how much risk you want to take. But the blanket, general answer is to put it on a fine and let it grow.

Posted by RebelOP
Misty Mountain Top
Member since Jun 2013
12478 posts
Posted on 2/12/16 at 8:53 pm to
Don't use it as collateral for a secured loan.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2796 posts
Posted on 2/13/16 at 11:01 am to
Put 25% + of your income every year for the next 20 years in an S&P 500 Index Fund.
Posted by AUjim
America
Member since Dec 2012
3663 posts
Posted on 2/13/16 at 12:23 pm to
biggerpockets.com
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