Wednesday, January 26, 2011

Russell Investments 3 Rules for Retirement

1. Equity Investing is still important after retirement. So don't retire from investing. Invest for retirement. If you don't feel like doing it hire someone.

2. Retirement spending should be segmented by needs, each with an appropriate investment strategy. For example an estate pool where assets are set aside for inheritance, charity, etc.. A lifestyle pool. Funds set aside for entertainment, travel, etc.. and an essentials pool to fund your income for life.

3. It takes approxiamately $20 to fund $1 of annual post retirement spending. For example if you have $1 million, it should provide $50,000 income.

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