Comments on: Retirement for beginners http://www.llamamoney.com/retirement-for-beginners/ It's not just money - it's Llama Money Thu, 22 Jul 2010 20:14:50 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Llama Money http://www.llamamoney.com/retirement-for-beginners/comment-page-1/#comment-30 Llama Money Wed, 12 Dec 2007 16:59:19 +0000 http://www.llamamoney.com/retirement-for-beginners/#comment-30 Hi Jerry, I'm not a fan of either retirement annuities OR laddered bonds. With the annuity, you get the fixed income which is nice, but you lose liquidity. And of course the fees are generally outrageous. Laddered bonds just don't offer enough in the way of returns to make sense to me - they barely keep up with inflation and don't offer any growth opportunities. Call me a daredevil, but I'm a still a fan of mutual funds that invest mostly / all in stocks. Sure they are more volatile, but I need my retirement portfolio to last a long time, so I need there to be growth over time, to beat inflation and outlive me. I'm willing to take the risk of some off years in the process. Hi Jerry,

I’m not a fan of either retirement annuities OR laddered bonds. With the annuity, you get the fixed income which is nice, but you lose liquidity. And of course the fees are generally outrageous.

Laddered bonds just don’t offer enough in the way of returns to make sense to me – they barely keep up with inflation and don’t offer any growth opportunities.

Call me a daredevil, but I’m a still a fan of mutual funds that invest mostly / all in stocks. Sure they are more volatile, but I need my retirement portfolio to last a long time, so I need there to be growth over time, to beat inflation and outlive me. I’m willing to take the risk of some off years in the process.

]]> By: Jerry http://www.llamamoney.com/retirement-for-beginners/comment-page-1/#comment-23 Jerry Wed, 05 Dec 2007 23:53:45 +0000 http://www.llamamoney.com/retirement-for-beginners/#comment-23 Thank you for making me feel a little bit better!I just maximized my employer's contribution, even though it will lead to a dent in my take-home pay at a time when we need the money. Still, it's free money! Now, re: retirment... I have a question about comparing retirement annuities vs. "laddered bonds." I heard Suzi Orman talk about it briefly, but didn't know what it was. Any ideas out there? Jerry www.leads4insurance.com Thank you for making me feel a little bit better!I just maximized my employer’s contribution, even though it will lead to a dent in my take-home pay at a time when we need the money. Still, it’s free money! Now, re: retirment… I have a question about comparing retirement annuities vs. “laddered bonds.” I heard Suzi Orman talk about it briefly, but didn’t know what it was. Any ideas out there?
Jerry
http://www.leads4insurance.com

]]>