Comments on: Graduate and Retire by 35! http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/ Learn How To Retire Early Mon, 30 Jan 2012 04:44:05 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Green Retirement http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-586 Green Retirement Sat, 01 Nov 2008 15:24:58 +0000 http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-586 Alex: Thanks for your comment. Three points in response: 1. If you plan to retire early, you shouldn't be investing in IRA's, and only investing up to the corporate matching amount in your 401k. 2. The long term return annual average return of the S&P 500 is 12%. I use a more conservative 9%, I know you and everyone else have been hammered in the stock market recently. However, this is a plan to retire in 14 years, not 14 weeks. 3. Buy Low - Sell High. If you are a long-term investor, think Warren Buffet, then you see a stock market decline as an opportunity to buy cheap stocks and reap big rewards later down the road. These are only ideas, not recommendations, consult your investment adviser. Ramsay Mameesh Alex:
Thanks for your comment. Three points in response:

1. If you plan to retire early, you shouldn’t be investing in IRA’s, and only investing up to the corporate matching amount in your 401k.

2. The long term return annual average return of the S&P 500 is 12%. I use a more conservative 9%, I know you and everyone else have been hammered in the stock market recently. However, this is a plan to retire in 14 years, not 14 weeks.

3. Buy Low – Sell High. If you are a long-term investor, think Warren Buffet, then you see a stock market decline as an opportunity to buy cheap stocks and reap big rewards later down the road.

These are only ideas, not recommendations, consult your investment adviser.

Ramsay Mameesh

]]> By: Alex http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-584 Alex Fri, 31 Oct 2008 22:22:47 +0000 http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-584 Good luck earning 9% a year. My IRA has lost nearly triple that in the last 6 months. Good luck earning 9% a year. My IRA has lost nearly triple that in the last 6 months.

]]> By: javier http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-549 javier Sun, 21 Sep 2008 03:08:42 +0000 http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-549 i just graduated college and reading this blog....perfect timing! i will come back in 15 years and let you know how I did! i just graduated college and reading this blog….perfect timing! i will come back in 15 years and let you know how I did!

]]> By: admin http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-545 admin Tue, 16 Sep 2008 12:07:24 +0000 http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-545 Broke Grad Student: You are probably using a lower ROI in your future value calculator. If you invest $1,250 per month, with an average annual ROI of 9% (the inflation adjusted historical average for the S&P 500), you will have $400,000 in 13. years. However, I completely agree with the gist of your blog, and your advice to Grad Students. First build an emergency fund, then pay-off debt, finally start investing. Broke Grad Student:
You are probably using a lower ROI in your future value calculator. If you invest $1,250 per month, with an average annual ROI of 9% (the inflation adjusted historical average for the S&P 500), you will have $400,000 in 13. years.

However, I completely agree with the gist of your blog, and your advice to Grad Students. First build an emergency fund, then pay-off debt, finally start investing.

]]> By: Broke Grad Student http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-544 Broke Grad Student Tue, 16 Sep 2008 07:01:32 +0000 http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-544 This sounds great and all, but the math just doesn't add up. If you save $1,250/month, it would take 320 months to reach $400,000. That's 26 years and 8 months, so unless you're graduating college just before your 9th birthday, you'll have to save a lot more than $1,250/month to retire by 35. This sounds great and all, but the math just doesn’t add up. If you save $1,250/month, it would take 320 months to reach $400,000. That’s 26 years and 8 months, so unless you’re graduating college just before your 9th birthday, you’ll have to save a lot more than $1,250/month to retire by 35.

]]> By: Penelope @ Our Fourpence Worth http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-489 Penelope @ Our Fourpence Worth Sun, 04 May 2008 22:25:31 +0000 http://www.iplanretirement.com/retirementblog/graduate-retire-by-35/#comment-489 Wow, this is really inspiring and motivating. I wish I had seen this when I graduated from college in 2001. But maybe I can retire at 42 ... :) Wow, this is really inspiring and motivating. I wish I had seen this when I graduated from college in 2001.

But maybe I can retire at 42 … :)

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