I will retire in 15 years, I have not save very much for retiremet, what should I do?
483250
Meet with a financial advisor.  You will have to do some hard-core saving.  The best bet is to have money taken right out of your paycheck, the more the better.  Your advisor will walk you through different investment options - mutual funds, annuities, stocks etc.  Mutual funds are great, they're several stocks of different risk levels all bundled together to minimize the risk while maximizing potential earnings.  If you could put $200 a month in for 15 years in a moderately aggressive mutual fund, you could easily end up with $50,000.
207396
Since you didn't set a time limit, I'll suggest a real way is has been done many times.\n\nSave 10% of every pay check. Invest it in several good mutual funds and let it ride. In 30 or 40 years (when you will really need it) you'll have your $1,000,000.
1020732
work, save and invest.  if you want money go to where the money is.
590722
Can't makes much off of that, the best investment you can make is by investing in a micro cap mutual fund, but even then your only gonna make 20% a year or so.
270583
Start young, no later than eighteen.  Invest in a mutual fund- Washington Mutual has some nice ones- 100$ per month.  When you can afford it put in more.  Then, open a Roth IRA and max the contributions (currently $4000 per year)- trade a little stock (no more than 30% of you total investments).  You'll easily get to a million by the time you are 60.
1057076
A LOT of things would determine this.\n\nSome people could live on $35,000 a year, some need $75,000 in today's dollars.  It also depends on what type of pension or social security you will be receiving.  Do you have any savings?  Also, at what age do you want to retire, expected life span?  \n\nI don't know anything about you by your question, but here are some numbers I ran yesterday for a 27y.o. wanting to retire at 40.  These were just quick estimates.\n\n\nIdeally, if you retire at 40 and live another 40 years, can obtain a 7% rate of return, and need $40,000 a year for the 40 years in retirement, you need to have a little more than $500,000 in savings by the time you are 40 years old.\n\nYou can reach this $500,000 if you save about $27,000 a year for the next 13 years, given a 7% rate of return. \n\nDepending on your salary, this may be obtainable but you have a lot of work to do since you have basically no savings. Also, I used 7% because thats the average rate of return in the stock market but depending on your investments, it may be more or less. I would take full advantage of your TSP (401k) because all that matching the gov't does will really pay off. Also, it may be tough, but buy very few "wants" and try to stick to spending money on "needs." People usually think it is impossible, but it really isn't. Also, I'm sure you'll want a home at some point and you have to take that into consideration as well. Good luck
177410
Pay yourself first! No matter the source of your income, put 10% after taxes into some sort of savings program, preferably a ROTH IRA. Then be strong and don't touch it. You'll be surprised how quickly it can mount up. Even if you can't make the 10%, save something!\n\nLook for bargains but don't sacrifice quality. \nUse coupons.\nConserve utilities.\nDo you really need that cable TV and cell phone? They are expensive.\nLook for plans that are in tune with your lifestyle. If you have to have that cell phone, are you paying for roaming, long distance or minutes you don't use?\nLook into pro-rated utility charges.\nRead a book instead of the movies.\nListen to the radio instead of that new CD.\n\nJust some thoughts...Good luck.\n\nThanks sk8trzmom
829916
I would put almost every dime of it in an investment portfolio, finance the $150k house I want, and go to work for the next 5-10 years. Then live of the interest and enjoy life.
620694
First, I would make sure you have at least 3 months salary saved up in the bank or in a money market fund for an emergency fund. (Some people say 6 months.) Financial disasters like getting layed off or sick happen to all of us.\n\nSecond, I would pay off all high interest debt. Pay off everything you can except the house mortgage and student loans. Paying off debt is one of the best investments you can make. You will have more money in the future because you won't have credit card bills to pay.\n\nThird, if you have money left, start investing in stock and bond mutual funds.  I like Vanguard.com, other people like Fidelity, TIAA-CREF, and DFA. Buy no-load, low cost funds. If you are like most people you will invest part of your money conservatively, in money market funds and bond funds, and part aggressively in stock funds. Vanguard.com has an on-line questionnaire which will give you an idea how aggressive you want to be. They will explain what mutual funds to buy depending on your situation.\n\nInvesting in a mutual fund IRA for retirement may give you an income tax break. Talk to your tax adviser. You may also be able to invest in a stock mutual fund via a 401K plan at work.\n\nBelieving advice you get on Yahoo answers can be risky, so read these websites for further information. If you find it too confusing, contact a professional financial advisor. They will charge you significant commissions, however.
986567
Get a good education so you can get a decent job, then put as much as you can into savings.  Maximize things like 401K, especially if there's a company match.  If you get any extra money, like bonuses, invest that, don't go out and spend it.\n\nIf you have just a little luck with growth of your investments, you could be a millionaire when you retire.
529046
I know that 15K looks like a lot, but what you should consider, kind of along the lines of the longer response below is your time line for the home.  If you are going to live in the home for a long time then you might want to check out a lower rate.  You can always check with a mortgage broker whom can run the rates and tell you how much you can save... I used a site called http://www.rezponze.com when I refinanced my home and got 3 different quotes that I could compare.  Ended up saving a boat load when I did it. I listed a few other sites that you can see rates live as well below. \n\nI would say that right now probably isn't the best time with interest rates rising.  I would probably wait it out till August who knows what the economy might be like then.  Best of luck...
397967
as much as you can! you should get a pension asap, compamny schemes are good as the company puts in aswell. see your financial advisor asap
427969
I would give it to my parents to save up for their retirement my dad works in construction and he has no 401k or any kind of plan for retirement when he can no linger work that's it for them they are just gonna live on social security checks which we know is not enough to live on...I know that 50gs is not enough to live on for a long time but its a start better than nothing.
232537
I'd stay in for 14 more years and get lifetime benefits. You can always pursue another job when you get out, or you can stay retired!!!
299289
It depend on your personal income that year, but there is a Cap of 15%
715505
Invest better.\n\nCoach
842365
Everyone must create his own retirement savings.  You need to save about 15% of every dollar you'll ever make to expect a reasonable retirement.  You need to deversify your investment and maintain a good rate of return (about 8% per annum). Avoid any mutual funds with annual fees exceeding .2%.  Direct investment in stocks and bonds will greatly reduce the expense drain on your portfolio.\nPut 10% of your money into foreign investments.