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re: Investment Strategy for 50 year-old
Posted on 9/19/18 at 8:54 am to BigOrangeVols
Posted on 9/19/18 at 8:54 am to BigOrangeVols
There are just so many missing variables it's hard to give any advice. Here an example of a few things needed:
- Does he have any debt
- Income level
- assets other than home/car
- Married, kids?
- Educational Planning
- Goals/preference in trade offs from working longer to spending more in retirement, leaving a legacy
- Experience with investments
- Level of risk/volatility willing to take
- Time frame for this investment
- Need for liquidity?
- etc, etc, etc
- Does he have any debt
- Income level
- assets other than home/car
- Married, kids?
- Educational Planning
- Goals/preference in trade offs from working longer to spending more in retirement, leaving a legacy
- Experience with investments
- Level of risk/volatility willing to take
- Time frame for this investment
- Need for liquidity?
- etc, etc, etc
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