Question
Answers (2)
Votes
A: Investor Education and Events Schwab offers ongoing webcasts and special local seminars presented by experienced Schwab investment professionals.
Votes
A: Typically, retirement investments are accounts where you've saved and invested money that are designed to grow in value over time and produce cash flow (passive income) for you to live on later when you retire.
Too often, financial advisors only offer their clients one type of retirement account...one full of mutual funds. But the truth is, a retirement investment can be a portfolio of rental real estate (cash flow = rental payments from renters), a business that is mostly on autopilot (internet businesses, parking lots, ATM machines, vending machines and a whole slew of other options), oil investments and of course, stock, bond and mutual fund investments that pay dividends on a regular basis.
Retirement accounts can either be tax-advantaged (protected from taxes until you reach a certain age) or not. Just because an account IS tax-deferred (Traditional IRA or 401k or 403b), doesn't mean it's the right place for YOUR money. There are retirement account where the money you put into it is after tax money but the account grows tax-free (ROTH IRA) that are often the better choice.
There is no one answer as to how you should save and invest for YOUR older years but there's one question that you should be thinking about and this is it...
What are you doing to make sure you can eventually quit working for money and know that your money is working for you?
Elisabeth Donati's passion is empowering others to be responsible for themselves and the world. She is known as The Financial Literacy Lady because she's figured out how to make financial education fun and effective for kids, teens AND adults.
She is the owner of Creative Wealth Intl., LLC and creator of Camp Millionaire, a unique financial intelligence program f... 
show bio
Related Articles
Saving for retirement is similar to saving for other things in that you have similar investment options. Here is a run-down of the traditional investments and how they can work as retirement investments.
In retirement investment, strategic planning always works best. Saving your money as early as possible will guarantee growth in your investments whether you choose gold or silver, savings accounts, stocks, or bonds. Knowing how to invest your money is crucial because nowadays, our economy is unstable.
Tо Ьесоmе successful ԁυгіng retirement, investing wіӏӏ play tһе mоѕt important role. Sіnсе investing іѕ а νегу ѕегіоυѕ business, іt ԁоеѕ nоt matter wһо уоυ аге ог һоw оӏԁ уоυ mау be. Fог tһаt reason, іt іѕ νегу critical tо һаνе а strategy tһаt wіӏӏ һеӏр уоυ succeed wһеn уоυ decide tо hit tһе retirement button.
Investing fог уоυг future retirement саn Ье overwhelming. A number оf people tооk ѕо mаnу years tо finance tһеіг retirement. Sоmе аге putting tһеіг savings іntо аn IRA investment аnԁ ѕоmе place іt іntо 401k plans. Eνегуоnе ԁеfіnіtеӏу prefers tо save tһеіг money іn safe retirement investments. Wһеn уоυ mаkе а plan fог уоυг retirement investments, а number оf productive ways аге іn existence.
Oh how often we daydream about our lazy days of retirement? Do you picture yourself on a beautiful beach in a resort setting or maybe in a big city environment? What ever your retirement daydream may be, you really need to ask yourself : how will you pay for your retirement investment strategies to give you the income you desire?
