Edward Jones rollover IRA Roth
[QUOTE=ElPayaso;3955545]I 'could' go once a week if I wanted. But honestly I need that $200 into my Roth IRA as well.[/QUOTE]First of all, unless you inherited a bunch of money, you'll need to put as much time as possible working for several large companies both Federal, State or private that has retirement and matching savings plan. I worked for the Federal DoD as a Reservist and did as much MPA active service I could qualified for and retired with over 28 years around half being active, so get a monthly pension and rolled over my TSP saving combined with a Verizon pension lump sum into an Edward Jones money investment Roth IRA which should earn at a very conservative prediction of 5% after two years should be at least a quarter million. So the payout monthly checks over a period of life of 33 years is between $2000 to $3000.
Combined with my current military pension, VA disability compensation and early Social Security disability which is not taxed except the military pension amounts to over $7000 with the $2000 monthly E Jones payout, with the $3000 it will be over $8000 a month. Having the VA disability also gives the veteran free 100% medical / drug'dental benefits for life. So yeah, I busted my ass for many years and sacrificed allot, never got married so no alimony or child support that suck your hard earned income. That is how its done, you can do the risky adventure in the stock market, but like anything else it takes a large amount of capital to start investing wisely. No fooling around when young and doing stupid things when one's emotion is out of control. I've seen people die in front of me recently, so decided to enjoy life to the fullest including many visits to AMPs, you can't take it with you when you kick the bucket. And I'll be a fool to get into some relationship and support a good for nothing female.
Just poked my head in here.
[QUOTE=Johnny14;3955575]First of all, unless you inherited a bunch of money, you'll need to put as much time as possible working for several large companies both Federal, State or private that has retirement and matching savings plan. I worked for the Federal DoD as a Reservist and did as much MPA active service I could qualified for and retired with over 28 years around half being active, so get a monthly pension and rolled over my TSP saving combined with a Verizon pension lump sum into an Edward Jones money investment Roth IRA which should earn at a very conservative prediction of 5% after two years should be at least a quarter million. So the payout monthly checks over a period of life of 33 years is between $2000 to $3000.
Combined with my current military pension, VA disability compensation and early Social Security disability which is not taxed except the military pension amounts to over $7000 with the $2000 monthly E Jones payout, with the $3000 it will be over $8000 a month. Having the VA disability also gives the veteran free 100% medical / drug'dental benefits for life. So yeah, I busted my ass for many years and sacrificed allot, never got married so no alimony or child support that suck your hard earned income. That is how its done, you can do the risky adventure in the stock market, but like anything else it takes a large amount of capital to start investing wisely. No fooling around when young and doing stupid things when one's emotion is out of control. I've seen people die in front of me recently, so decided to enjoy life to the fullest including many visits to AMPs, you can't take it with you when you kick the bucket. And I'll be a fool to get into some relationship and support a good for nothing female.[/QUOTE]Sounds like me. Almost. Military retirement, VA disability, etc. However, I got devorced, as the late Sam Kinnison would say, , from a demon from hell. Bunch of kids, including one in another country I send money to. So I got to still work. However, my play time is pussy time. I'm not getting younger and still horny as I was when I was 18, but can only fire one round a day LOL.