that investing during a recession is an "opportunity," saying, "when the markets go down ... that really just means everything is on sale."
Dirk Cotton retired at 52 in 2005, just before the Great Recession. "About 10 years before retirement, start tapering down to end up when you retire with about 40% to 50% equity allocation. Before that 10 years begin, you should probably be somewhere in the 70 to 80% range," Cotton said. "We weren't prepared. Had a recession not happened, we would have kept working," Cynthia said. As that wasn't an option, they had to change their plans.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
High-yield savings accounts are the first step to start managing money - Business InsiderI tell friends and family who ask for help managing their money that the easiest way to make a big impact is to open a high-yield savings account.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
How much you'd save for retirement by investing student loan payments - Business InsiderCan you imagine what your student-loan payments would look like if you were able to save them for retirement? Business Insider did the calculations. Or how much weed you could buy? It’s called a loan with a signed contract.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
The 4-pronged approach that helped a real estate agent make 6 figures - Business InsiderDespite getting into real estate during the financial crisis, Minneapolis-based real estate agent Heather Foss came out the other side thriving.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
I saved over $17,000 in 2019 thanks to a 2-part strategy that works - Business InsiderI save for retirement by putting some of my pretax salary into a 401(k) and I save for current goals by making auto-deposits into high-yield savings.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Agency founder explains why he sold his business to Wix - Business InsiderA top Israel ad exec explains why he sold his agency to Wix — and why holding companies will die if they can't get closer to their customers
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »